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Home Remodeling Boon May Peak in 2022
A new report from Harvard’s Joint Center for Housing Studies says spending on home improvement & repairs is expected to grow at a...
Metro East REIA
Feb 15, 20221 min read
Built-to-Rent Homes Expected to Hit All-Time High in 2022
A new report from RentCafe says built-to-rent homes are expected to hit all-time highs in 2022, fueled by a need for space & privacy. ...
Metro East REIA
Feb 15, 20221 min read
The Most Dangerous Jobs in the America
You may be familiar with Mike Rowe’s dirtiest jobs in America on TV…it’s a pretty cool show. However, the folks over at Statista...
Metro East REIA
Feb 6, 20221 min read
NAHB Housing Trends Report for Q4 2021
According to the NAHB’s Q4 Housing Trends Report, the share of adults planning to buy a home within 12 months fell for two consecutive...
Metro East REIA
Feb 6, 20221 min read
Zumper’s National Rent Report for January ’22
Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for...
Metro East REIA
Feb 6, 20221 min read
2021 Ends With Foreclosures at All-Time Low
According to Black Knight’s “first look” report for December, 2021, the national delinquency rate ended the year at 3.38%, which report...
Metro East REIA
Feb 6, 20221 min read
FHFA House Price Index Up 1.1% in November
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices in November were up 1.1% from...
Metro East REIA
Feb 6, 20221 min read
Pending Home Sales Down 3.8% in December
The National Association of Realtors is reporting that pending home sales were down 3.8% in December, 2021. The NAR’s Pending Home Sales...
Metro East REIA
Jan 31, 20221 min read
New Home Sales Up 11.9% in December
The U.S. Government is reporting that sales of new single-family houses in December, 2021 were at a seasonally adjusted annual rate of...
Metro East REIA
Jan 31, 20221 min read
Americans Choose Real Estate as the Best Investment
We have been seeing this data for many years now and it never gets old. Today’s infographic from Keeping Current Matters sums it up...
Metro East REIA
Jan 31, 20221 min read
S&P CoreLogic Case-Shiller Index Saw 18.8% Annual Home Price Gain in November
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 18.1% annual gain for November, 2021, which they say is a...
Metro East REIA
Jan 31, 20221 min read
Unused Office Space Being Converted into Apartments at Record Pace
According to CNBC’s Diana Olick, many developers are changing unused office space into high-demand apartment space at a record rate. ...
Metro East REIA
Jan 31, 20221 min read
How Much Does December’s Median Home Price Get You Across the US?
With low inventory across the board and home prices at all-time highs, Realtor.com recently posed the question; How much will December’s...
Metro East REIA
Jan 26, 20221 min read
Foreclosure Activity in 2021 Dropped To An All-Time Low
According to ATTOM Data’s Year-End 2021 U.S. Foreclosure Market Report, there were 151,153 foreclosure filings on U.S. properties in...
Metro East REIA
Jan 26, 20221 min read
Supply Chain Issues Leaving New Homes Without Garage Doors & Gutters
A recent article in the Wall Street Journal (reposted on Realtor.com) discusses how the home building industry is struggling with global...
Metro East REIA
Jan 25, 20221 min read
Annual Existing-Home Sales Hit Their Highest Mark Since 2006
The National Association of Realtors is reporting that existing home sales were down 4.6% in December to a seasonally-adjusted annual...
Metro East REIA
Jan 25, 20221 min read
Building Permits Jump 9.1% in December
The U.S. government is reporting that privately‐owned housing starts in December were at a seasonally adjusted annual rate of 1,702,000,...
Metro East REIA
Jan 25, 20221 min read
Visualizing the $94 Trillion World Economy
The Visual Capitalist says just 4 countries (the US, China, Japan, and Germany) make up over half of the world’s economic output by gross...
Metro East REIA
Jan 23, 20221 min read
United Van Lines Says Americans are on the Move to Lower-Density Areas
According to United Van Lines 45th Annual National Movers Study, Americans were on the move to lower-density areas and to be closer to...
Metro East REIA
Jan 23, 20221 min read
Your Short-Term Rentals Can Generate 6x Gains
Rarely in life can the quick version of anything ever compete with the more time intensive “real deal.” Think of any instant food and...
Metro East REIA
Jan 23, 20221 min read
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