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Zombies Decline In Q3 as Foreclosure Moratorium Ends
According to ATTOM Data’s Q3, 2021 Vacant and Zombie Foreclosure Report, there are 1.3 million residential properties in the U.S. sitting...
Metro East REIA
Sep 28, 20211 min read
Existing Home Sales Down 2% in August
The National Association of Realtors is reporting that existing home sales were down 2% in August to a seasonally-adjusted annual rate of...
Metro East REIA
Sep 28, 20211 min read
High Prices & Low Rates are Driving Mortgage Refinance Boom
According to data complied by Statista, a combination of historically low mortgage rates and soaring home prices led to a surge in...
Metro East REIA
Sep 26, 20211 min read
Housing Starts Jump 3.9% in August
The U.S. government is reporting that privately‐owned housing starts in August were at a seasonally adjusted annual rate of 1,615,000,...
Metro East REIA
Sep 26, 20211 min read
$500 Million Mega-Mansion Goes Into Receivership After Owners Defaulted
This could be the ultimate flip or maybe, the world’s biggest flop…..Either way, a half billion dollar ($500 million), 105k sq. ft....
Metro East REIA
Sep 26, 20211 min read
Wall Street Can’t Seem to Get Enough Fixer-Upper Houses
A recent story in the Wall Street Journal (reposted on Realtor.com) says Wall Street has made a mountain of money available to house...
Metro East REIA
Sep 26, 20211 min read
Best Family-Friendly Suburbs of 2021
Realtor.com says people are people pondering parenthood have long felt like they’ve landed in a high-stakes Choose Your Own Adventure...
Metro East REIA
Sep 26, 20211 min read
Hard Money vs Private Money
I began my real estate career back in 1986 after I attended a seminar and purchased a home study system and then began to implement it....
Metro East REIA
Sep 21, 20211 min read
South Florida Landlord Requiring Tenants Get Vaccinated Against Covid-19
A landlord in South Florida who owns multiple apartment complexes is requiring tenants to be vaccinate against COVID-19 or live someplace...
Metro East REIA
Sep 21, 20211 min read
Local Government and Real Estate Investing with Charles Tassell
On a recent episode of the Get Traction Podcast, Tom Zeeb spoke with Chief Operating Officer (COO) of the National Real Estate Investors...
Metro East REIA
Sep 20, 20211 min read
Foreclosure Activity Rises After Moratorium Expires
According to their Q2 2021 U.S. Foreclosure Market Report, ATTOM Data says, foreclosure starts increased 27% from August with completed...
Metro East REIA
Sep 20, 20211 min read
Justice Department Probes NAR’s Ban on Pocket Listings
HousingWire is reporting (reposted on RealTrends) that the National Association of Realtors (NAR) is giving insight into the U.S....
Metro East REIA
Sep 20, 20211 min read
Building Materials Prices See Large Increases
The NAHB’s Eye on Housing recently took a deep-dive into the Bureau of Labor Statistics Producer Price Index (PPI) regarding the prices...
Metro East REIA
Sep 20, 20211 min read
Consumer Price Index Up 0.3% in August
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.3% in August, 2021. ...
Metro East REIA
Sep 20, 20211 min read
Home Price Appreciation Continues to Accelerate
According to recent data from the Mortgage Bankers Association, home price appreciation & loan sizes continued to accelerate in Q2, 2021....
Metro East REIA
Sep 14, 20211 min read
House Democrats Propose Tax Hikes to Pay for Biden’s $3.5 Trillion Spending Bill
According to various media reports, Democrats in the U.S. House of Representatives’ Ways & Means Committee have promulgated a series of...
Metro East REIA
Sep 14, 20211 min read
NMHC Says 72% of Apartment Households Paid Rent by September 6th
The National Multifamily Housing Council (NMHC) says that 72% of apartment households made a full or partial rent payment by September...
Metro East REIA
Sep 14, 20211 min read
Yardi Says Rent Growth is Breaking Records Nationwide
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in July increased $25 to $1,539 (up 10.3%...
Metro East REIA
Sep 14, 20211 min read
Working for a Living
All across the nation men & women are engaged in numerous trades and occupations – and let’s not forget they all need a place to live! ...
Metro East REIA
Sep 14, 20211 min read
Study: How Are Landlords Faring During the COVID-19 Pandemic?
A recent study from Harvard’s Joint Center for Housing Studies asks, “How Are Landlords Faring During the COVID-19 Pandemic?” In the...
Metro East REIA
Sep 14, 20211 min read
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