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Single-Family Rent Price Growth Hits Record High
According to CoreLogic’s latest Single-Family Rent Index (SFRI), U.S. single-family rent prices started 2022 strong, increasing 12.6%...
Metro East REIA
Apr 1, 20221 min read
Building Material Prices Up 31.3% Since January 2020
The NAHB’s Eye on Housing says the prices of goods used in residential construction (excluding energy) rose 1.6% in February, according...
Metro East REIA
Apr 1, 20221 min read
Pending Home Sales Dip 4.1% in February
The National Association of Realtors is reporting that pending home sales were down 4.1% in February, 2022. The NAR’s Pending Home Sales...
Metro East REIA
Mar 28, 20221 min read
New Home Sales Down 2% in February
The U.S. Government is reporting that sales of new single-family houses in February, 2022 were at a seasonally adjusted annual rate of...
Metro East REIA
Mar 28, 20221 min read
10 Features that Sell Homes for More than Expected
According to Zillow’s 2022 Home Features That Sell report, listings that feature amenities associated with energy efficiency and...
Metro East REIA
Mar 27, 20221 min read
Mortgage Applications Take a Plunge with Surging Interest Rates
CNBC’s Diana Olick says rising mortgage interest rates are impacting mortgage applications, particularly refinancing demand. She reports...
Metro East REIA
Mar 27, 20221 min read
Local Market Monitor’s National Economic Outlook for March ’22
Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their...
Metro East REIA
Mar 23, 20221 min read
Yardi Says Multifamily Rent Gains Solid as Occupancy Rises
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in February increased $10 to $1,628 (up 15.4%...
Metro East REIA
Mar 23, 20221 min read
Existing Home Sales Down 7.2% in February
The National Association of Realtors is reporting that existing home sales were down 7.2% in February to a seasonally-adjusted annual...
Metro East REIA
Mar 23, 20221 min read
Housing Starts Up 22.3% Year-Over-Year
The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,769,000,...
Metro East REIA
Mar 22, 20221 min read
How the Pandemic Has Rocked the U.S. Housing Market
t has been just over two years since the Coronavirus pandemic was officially declared. A recent report from Redfin takes a look at how...
Metro East REIA
Mar 19, 20221 min read
Inflation Continues its 40-Year High
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.8% in February, 2022....
Metro East REIA
Mar 19, 20221 min read
How Much Do You Need To Be Rich in 50 Major U.S. Cities?
How much income do you need to considered “rich” in the 50 biggest U.S. cities? That’s the question the folks over at GOBankingRates...
Metro East REIA
Mar 19, 20221 min read
Are We in a Long-Term Housing Shortage Situation?
Are we in a long-term housing shortage situation? Realtor.com’s Chief Economist, Danielle Hale, thinks that’s the case as part of her...
Metro East REIA
Mar 19, 20221 min read
Oil Prices Surge to Highest Point in 14 Years
Just a few years ago, America was a net exporter of oil and had achieved energy independence. However, times have changed and since 2020...
Metro East REIA
Mar 19, 20221 min read
The Benefits of Joining a REIA
This week’s infographic is really a no-brainier. It illustrates just a few of the awesome benefits of joining a real estate investors...
Metro East REIA
Mar 5, 20221 min read
State Individual Income Tax Rates & Brackets for 2022
According to recent data from the Tax Foundation individual income taxes are a major source of state government revenue, and account for...
Metro East REIA
Mar 5, 20221 min read
Income Sources of Older Households
With the Baby Boomers firmly in the retirement lane (with the blinker on, of course) and subsequent generations already there, the folks...
Metro East REIA
Mar 5, 20221 min read
Zumper’s National Rent Report for February ’22
Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for...
Metro East REIA
Mar 5, 20221 min read
Disney to Build Condominiums and Single-family Communities
According to a recent report on FOX Business, Disney has announced that it will be entering the residential real estate space with a new...
Metro East REIA
Mar 5, 20221 min read
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