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Rentable Says September Rents are Surging
Rentable says that the median nationwide rent price for one-bedroom units in September was $1,219 (up 2.4%) with two-bedroom units coming...
Metro East REIA
Sep 14, 20211 min read
65% of New Homes have Porches
Porch-sitters take note; According to new research from the NAHB’s Eye on Housing, 65.3% new homes built in 2020 were equipped with a...
Metro East REIA
Sep 14, 20211 min read
Five Must-Know Steps to Renovating a Multifamily Apartment Property
On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talked with Ken Gee the five most...
Metro East REIA
Sep 14, 20211 min read
Zumper’s National Rent Report for September ’21
Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for...
Metro East REIA
Sep 14, 20211 min read
Construction Spending Up 9% from 2020
The U.S. government is reporting that total construction spending in July was at a seasonally adjusted annual rate of $1,568.8 billion,...
Metro East REIA
Sep 14, 20211 min read
IMPORTANT UPDATE
Landlord applications that have not been denied or paid out are in the "cures process" meaning there was documentation missing either...
Metro East REIA
Sep 5, 20211 min read
Emergency Rental Assistance Slow to Reach Tenants
We have reported about this problem several times now. It’s almost criminal, in fact National REIA’s Charles Tassell even said “Let’s...
Metro East REIA
Sep 5, 20211 min read
Student Housing is Hot this Year
We have had several posts over the years about the lucrative student housing market. A recent report from CNBC’s Diana Olick says demand...
Metro East REIA
Sep 5, 20211 min read
Vet Landlord Faces Homelessness After Moratorium Barred Her from Evictions
The list keeps growing of small business men & woman who have been economically harmed (and in many cases ruined) by the CDC’s...
Metro East REIA
Sep 5, 20211 min read
FHFA House Price Index Continues to Rise
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices were up 1.6% in June and up...
Metro East REIA
Sep 5, 20211 min read
Pending Home Sales Down 1.8% in July
The National Association of Realtors is reporting that pending home sales were down 1.8% in July, 2021. The NAR’s Pending Home Sales...
Metro East REIA
Sep 5, 20211 min read
The Vacation Rental Business is Coming of Age
A recent article in the Wall Street Journal (reposted on Realtor.com) says vacation-rental ownership among young adults is on the rise...
Metro East REIA
Sep 5, 20211 min read
Biden’s Eviction Moratorium Put Small Landlords on the Brink
In a recent essay on FOXNews.com, former Cincinnati Mayor & deputy undersecretary of HUD, Ken Blackwell, says we often expect politicians...
Metro East REIA
Aug 30, 20211 min read
Black Knight Says 1.45 Million Mortgages Remain Seriously Past Due
According to Black Knight’s “first look” report for July, 2021, overall delinquency volumes continued to edge closer to their...
Metro East REIA
Aug 30, 20211 min read
Fastest Growing Cities in America
The Visual Capitalist reminds us that the world has become increasingly more urbanized, especially in the United States – with over 80%...
Metro East REIA
Aug 30, 20211 min read
Supreme Court Blocks Eviction Moratorium
In a decision late Thursday evening (8/26), The U.S. Supreme Court blocked the CDC from enforcing a federal moratorium on evictions that...
Metro East REIA
Aug 30, 20211 min read
Rents From Florida to California are Rising at Record Speed
A recent report from Bloomberg is highlighting how rents across the nation are rising at record speeds. They point out that the number...
Metro East REIA
Aug 30, 20211 min read
Management Matters
I’m dictating this while on my way to meet with a contractor and a tenant to collect 3 months of unpaid rent before having lunch with my...
Metro East REIA
Aug 30, 20211 min read
New Single-Family Home Sales Up in July
The U.S. Government is reporting that sales of new single-family houses in July, 2021 were at a seasonally adjusted annual rate of 708k,...
Metro East REIA
Aug 30, 20211 min read
Existing Home Sales Up 2% in July
The National Association of Realtors is reporting that existing home sales were up 2% in July to a seasonally-adjusted annual rate of...
Metro East REIA
Aug 24, 20211 min read
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