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NMHC Says 78.2% of Apartment Households Paid Rent by November 6th
The National Multifamily Housing Council (NMHC) says that 78.2% of apartment households made a full or partial rent payment by November...
Metro East REIA
Nov 12, 20211 min read
Former Arkansas Jail Available for $250K
How would you like to own your own jail? Or maybe rehab it into an Airbnb or maybe just fix-n-flip it? Nestled along the Arkansas River...
Metro East REIA
Nov 12, 20211 min read
One-Third of Homes Sold Were Under Contract in a Week
A recent report from Redfin says that as of late October, a third of homes sold went under contract within seven days of hitting the...
Metro East REIA
Nov 9, 20211 min read
Zillow Shuts Down its Offers Business
We first posted about Zillow Offers back in 2017 and just last week, we learned that Zillow is planning to sell about 7k homes as it...
Metro East REIA
Nov 9, 20211 min read
CoreLogic Says Supply Continues to Drive Home Prices Higher
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 18%...
Metro East REIA
Nov 9, 20211 min read
5 Facts About Veterans Day
Next Thursday, November 11th is Veterans Day… Here’s a little history about this important day; In 1918, the armistice of the First...
Metro East REIA
Nov 9, 20211 min read
Share of New Homes with Decks Drops Below 20%
According to recent data crunched by the NAHB’s Eye on Housing, new homes being built with decks has declined for the 3rd straight year. ...
Metro East REIA
Nov 9, 20211 min read
Construction Spending Dips Slightly in September
The U.S. government is reporting that total construction spending in September was at a seasonally adjusted annual rate of $1,573.7...
Metro East REIA
Nov 2, 20211 min read
Pending Home Sales Down 2.3% in September
The National Association of Realtors is reporting that pending home sales were down 2.3% in September, 2021. The NAR’s Pending Home...
Metro East REIA
Nov 2, 20211 min read
FHFA House Price Index Up 18.5% from 2020
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices were up 1% in August and up...
Metro East REIA
Nov 2, 20211 min read
Barely 20% of Rental Assistance Funds have Been Distributed by the Feds
It seems like yesterday, but a couple months ago we posted about the Treasury Department patting itself on the back for spending $1.5...
Metro East REIA
Nov 1, 20211 min read
Black Knight Says Foreclosure Starts Reverse Course in September
According to Black Knight’s “first look” report for September, 2021, the national delinquency rate on first lien mortgages fell slightly...
Metro East REIA
Nov 1, 20211 min read
New Single-Family Home Sales Shoot Up 14% in September
The U.S. Government is reporting that sales of new single-family houses in September, 2021 were at a seasonally adjusted annual rate of...
Metro East REIA
Nov 1, 20211 min read
Mortgage Payments Rose Faster Than Rents for the 8th Consecutive Month
A new report from Redfin says mortgage payments rose faster than rents for the 8th consecutive month in September. They say average...
Metro East REIA
Nov 1, 20211 min read
Existing Home Sales Up 7% in September
The National Association of Realtors is reporting that existing home sales were up 7% in September to a seasonally-adjusted annual rate...
Metro East REIA
Nov 1, 20211 min read
The Investor Friendly Title Company
In my practice of helping real estate investors, particularly self-directed IRA investors, hardly a week goes by that I don’t hear or...
Metro East REIA
Nov 1, 20211 min read
Number of Americans Living With a Disability
There is one thing that unites all of us, whether we have a disability or know someone who does, and that is the need for safe, clean and...
Metro East REIA
Oct 24, 20211 min read
America’s Best College Towns for Homebuyers
We’ve had several posts about investing in student housing and college towns. A recent report on Realtor.com says there’s nothing quite...
Metro East REIA
Oct 24, 20211 min read
Building Permits Stumble in September
The U.S. government is reporting that privately‐owned housing starts in September were at a seasonally adjusted annual rate of 1,555,000,...
Metro East REIA
Oct 24, 20211 min read
Foreclosure Starts Jump Nationwide
According to ATTOM Data’s Q3 2021 U.S. Foreclosure Market Report, lenders started the foreclosure process on 25,209 U.S. properties in...
Metro East REIA
Oct 24, 20211 min read
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