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Pending Home Sales Down 5.7% in January
The National Association of Realtors is reporting that pending home sales were down 5.7% in January, 2022. The NAR’s Pending Home Sales...
Metro East REIA
Mar 5, 20221 min read
S&P CoreLogic Case-Shiller Index Saw 18.8% Annual Home Price Gain in December
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 18.1% annual gain for December, 2021, which they say is...
Metro East REIA
Mar 5, 20221 min read
Top 10 U.S. Ski Resort Real Estate Markets
Have you ever wondered if you could afford to buy a home in a resort town and whether that investment would pay off? Today’s infographic...
Metro East REIA
Feb 27, 20221 min read
Real Estate Underground Interview with CTREIA Founder
On a recent episode of Real Estate Underground (Connecticut REIA’s new podcast), host Ed Matthews talks with CTREIA co-founder Linda...
Metro East REIA
Feb 27, 20221 min read
FHFA House Price Index Says Prices Rose 17.5% Year-Over-Year
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose 17.5% from Q4 2020 to Q4...
Metro East REIA
Feb 27, 20221 min read
The Good, The Bad, And the Ugly of Mobile Home Park Investing
Most Americans only know about “trailer parks” based on what they see on television or the movies. The problem is that if we only relied...
Metro East REIA
Feb 27, 20221 min read
Foreclosure Rates Remain at Historic Lows
According to the latest CoreLogic Loan Performance Insights Report, in November 2021, 3.6% of mortgages were delinquent by at least 30...
Metro East REIA
Feb 27, 20221 min read
Existing Home Sales Up 6.7% in January
The National Association of Realtors is reporting that existing home sales were up 6.7% in January to a seasonally-adjusted annual rate...
Metro East REIA
Feb 27, 20221 min read
More Than A Third Of Americans Rent a Self Storage Unit
Storagecafe says self storage has seen tremendous growth recently. In fact, according to their recent analysis roughly 38% of Americans...
Metro East REIA
Feb 27, 20221 min read
Higher Lumber Prices Add Nearly $19k to the Cost of a New Home
We continue to post about rising lumber prices and their impact on the housing industry. In a recent report, CNBC’s Diana Olick says the...
Metro East REIA
Feb 27, 20221 min read
Who Were REO Auction Buyers in 2021?
According to Auction.com’s Daren Blomquist, most REO auction buyers in 2021 were owner-occupants or local community developers. Of...
Metro East REIA
Feb 21, 20221 min read
Housing Starts Down 4.1% in January
The U.S. government is reporting that privately‐owned housing starts in January were at a seasonally adjusted annual rate of 1,638,000,...
Metro East REIA
Feb 21, 20221 min read
Apartment List’s National Rent Report February ’22
Apartment List says rent growth has cooled substantially from last year’s peak with year-over-year rent growth currently standing at a...
Metro East REIA
Feb 21, 20221 min read
Nearly One-Third of Houses for Sale Are New Construction
A new report from Redfin says the share of newly built single-family homes on the market at the end of 2021 was at a record high as...
Metro East REIA
Feb 21, 20221 min read
Local Market Monitor’s National Economic Outlook for February ’22
Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their...
Metro East REIA
Feb 15, 20221 min read
Inflation at 40-Year High
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.6% in January, 2022....
Metro East REIA
Feb 15, 20221 min read
Yardi Says Rents Rose Moderately in January
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in January increased $8 to $1,604 (up 13.9%...
Metro East REIA
Feb 15, 20221 min read
U.S. Population Growth Lowest on Record in 2021
The NAHB’s Eye on Housing recently took a close look at recent Census data to reveal that, in 2021, the U.S. experienced the lowest level...
Metro East REIA
Feb 15, 20221 min read
Five Rules to Buying Rental Property
These 5 rules have kept me in business for almost 20 years. They are not theory, and are actual formulas that I really use, can be used...
Metro East REIA
Feb 15, 20221 min read
Zillow Expects Home Values to Grow 16.4% Through December 2022
Zillow says it expects home values to grow 16.4% over 2022 as well as predicting a growth rate of 7% for existing home sales – to levels...
Metro East REIA
Feb 15, 20221 min read
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