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Hartville Missouri is the “Center of Population” for America
Where is America’s “Center of Population?” Well, according to data from the 2020 Census, the current center of the population is near...
Metro East REIA
Dec 6, 20211 min read
Zumper’s National Rent Report for November 2021
Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for...
Metro East REIA
Dec 6, 20211 min read
Pending Home Sales Surge 7.5% in October
The National Association of Realtors is reporting that pending home sales were up 7.5% in October, 2021. The NAR’s Pending Home Sales...
Metro East REIA
Dec 6, 20211 min read
Three Disruptive Trends that will Drive Real Estate in the Coming Decade
On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talked with the Mad Scientist of...
Metro East REIA
Nov 30, 20211 min read
Apartment List’s Renter Migration Report for Q3 2021
According to Apartment List’s latest Migration Report, renters who are looking to move are not only dealing with an affordability crunch,...
Metro East REIA
Nov 30, 20211 min read
New Home Sales Up 0.4% in October
The U.S. Government is reporting that sales of new single-family houses in October, 2021 were at a seasonally adjusted annual rate of...
Metro East REIA
Nov 30, 20211 min read
Tarek El Moussa Reveals One Thing to Never Ever Forget in a Kitchen Rehab
As everyone knows, the reality TV shows make it all look so easy with every flip being a potential Vegas jackpot. However, there are...
Metro East REIA
Nov 30, 20211 min read
Single-Family Rent Prices Saw Double Digit Growth in September
CoreLogic says rent growth across all tiers remains at record highs, with high-end rentals leading the charge. In addition their latest...
Metro East REIA
Nov 30, 20211 min read
Investors Bought a Record 18% of Homes Sold in Q3
According to a recent report from Redfin, real estate investors bought a record 18.2% of the U.S. homes purchased during Q3, 2021. This...
Metro East REIA
Nov 23, 20211 min read
Existing Home Sales Up 0.8% in October
The National Association of Realtors is reporting that existing home sales were up 0.8% in October to a seasonally-adjusted annual rate...
Metro East REIA
Nov 23, 20211 min read
AAA Predicts Over 53 Million People Will Travel for Thanksgiving
The venerable AAA says it’s time to “buckle-up” this Thanksgiving as they say over 53 million people will be traveling – up 13% from 2020....
Metro East REIA
Nov 23, 20211 min read
Inflation Hits 31-Year High – How Bad is it Really?
Recently we posted new numbers form the Consumer Price Index revealing that the “all items index” rose 6.2% for the 12 months ending...
Metro East REIA
Nov 23, 20211 min read
Local Market Monitor’s National Economic Outlook for November 2021
Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their...
Metro East REIA
Nov 23, 20211 min read
Growth Rates of Single-family Construction and Residential Construction Workers
The Mortgage Bankers Association points out that the October’s Employment Situation Report said 531k jobs were added over most sectors...
Metro East REIA
Nov 23, 20211 min read
Let the Business Teach You
When I first got into real estate, I chose to start with pre-foreclosures. I learned that banks and lending institutions would auction...
Metro East REIA
Nov 23, 20211 min read
Home Seller Profits on the Rise Across the Country
According to ATTOM Data’s Q3 2021 U.S. Home Sales Report, profit margins on median-priced single-family home and condo sales jumped to...
Metro East REIA
Nov 16, 20211 min read
Crime & Cost of Living Biggest Drivers for Moving
No surprises here; A recent report from Redfin says Crime & Cost of Living were the most commonly cited factors for homeowners and...
Metro East REIA
Nov 16, 20211 min read
Consumer Price Index Up 0.9% in October
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.9% in October, 2021....
Metro East REIA
Nov 16, 20211 min read
Yardi Says Rent Growth Being Driven by Ongoing Surge
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in October increased $23 to $1,572 (13.7%...
Metro East REIA
Nov 16, 20211 min read
The 20 Oldest Apartment Buildings Still Occupied By Renters
“The oldest apartment building on our list is the quaint Pendleton in Cincinnati, OH. Dating back to before the Civil War, the red brick...
Metro East REIA
Nov 12, 20211 min read
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