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Single-Family Built-for-Rent Construction Surges
The NAHB’s Eye on Housing says Single-family built-for-rent (SFBFR) construction surged during Q2, 2022 as higher mortgage rates caused...
Metro East REIA
Aug 29, 20221 min read
2022 Investment Property Stats & Tips
A recent article on Bankrate says while the concept of investing might make you think of buying and selling stocks & bonds, you can also...
Metro East REIA
Aug 29, 20221 min read
Local Market Monitor’s National Economic Outlook for August ’22
Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their...
Metro East REIA
Aug 29, 20221 min read
Housing Starts Lowest Since February 2021
The U.S. government is reporting that privately‐owned housing starts in July were at a seasonally adjusted annual rate of 1,446,000,...
Metro East REIA
Aug 29, 20221 min read
Existing Home Sales Drop 5.9% in July
The National Association of Realtors is reporting that existing home sales were down 5.9% in July to a seasonally-adjusted annual rate of...
Metro East REIA
Aug 29, 20221 min read
Yardi Says Multifamily Performance Remains Strong
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in July increased $10 to another all-time...
Metro East REIA
Aug 16, 20221 min read
ARM-Backed Home Purchases Are Way Up
CoreLogic says potential homebuyers are being discouraged by rapidly climbing and higher mortgage rates – which, in turn, means tumbling...
Metro East REIA
Aug 16, 20221 min read
Inflation Hits 8.5%, Drops Slightly
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 1.3% in July, 2022....
Metro East REIA
Aug 16, 20221 min read
Summer 2022 Emerging Housing Markets Index
Realtor.com & the Wall Street Journal recently released their Emerging Housing Markets Index for Summer 2022 which identifies markets...
Metro East REIA
Aug 16, 20221 min read
U.S. Migration Patterns Before & After the Start of the Pandemic
We love good data about moving and although this data isn’t eye-popping, it is certainly another one to add to the stack. A recent...
Metro East REIA
Aug 16, 20221 min read
The Push to Eliminate Illinois’ Ban on Rent Control Grows
On a recent episode of WTTW’s Chicago Tonight, a discussion ensued about how groups of local tenants are unionizing in hopes of pushing...
Metro East REIA
Aug 16, 20221 min read
U.S. Homeownership & Rental Vacancy Rates for Q2 2022
The U.S. government is reporting that the national vacancy rates for Q2, 2022 were 5.6% for rental housing and 0.8% for homeowner housing....
Metro East REIA
Aug 16, 20221 min read
The Salary You Need to Buy a Home Across America
The Visual Capitalist says depending on where you live, owning a home may seem like a far off dream or it could be fairly realistic. In...
Metro East REIA
Aug 16, 20221 min read
Despite Pleas from Landlords, Los Angeles Extends Ban on Evictions
Los Angeles’ Channel 7 (KABC) is reporting that, despite pleas from frustrated landlords, the Los Angeles City Council voted 11-1 in late...
Metro East REIA
Aug 16, 20221 min read
S&P CoreLogic Case-Shiller Index Shows 19.7% Annual Home Price Gain
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 19.7% annual gain for May, 2022. Their 10-City Composite...
Metro East REIA
Aug 3, 20221 min read
FHFA Says Home Prices Up 18.3% from 2021
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose 1.4% in May and were up...
Metro East REIA
Aug 3, 20221 min read
New Single-Family Home Sales Down 8.1% in June
The U.S. Government is reporting that sales of new single-family houses in June, 2022 were at a seasonally adjusted annual rate of 590k,...
Metro East REIA
Aug 3, 20221 min read
Inflation Hits Food Staples the Hardest
With U.S. inflation hitting a high not seen since the Carter-years, the folks over at Statista did a deep-dive into the recent numbers to...
Metro East REIA
Aug 3, 20221 min read
How Long Does it Take to Build a Single-Family Home?
So, how long does it take to build a single-family house? The NAHB’s Eye on Housing recently sifted through data from the Census...
Metro East REIA
Aug 3, 20221 min read
Steer Clear of Your Next Eviction
On a recent episode of the AZREI Show, Marcus Maloney & Michael Del Prete spoke with Rent Perfect’s David Pickron about their mobile...
Metro East REIA
Aug 3, 20221 min read
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