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Consumer Price Index Up 0.6% in May
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.6% in May, 2021. ...
Metro East REIA
Jun 17, 20211 min read
Twenty-Two States’ Attorneys General Urge U.S. Supreme Court to Maintain Eviction Ban
Reuters is reporting that the attorneys general of 22 states recently urged the U.S. Supreme Court not to end the Centers for Disease...
Metro East REIA
Jun 17, 20211 min read
AHS Profile of Owners and Renters
What kind of homes are owners and renters living in? Using data from the latest American Housing Survey, today’s infographic from the...
Metro East REIA
Jun 11, 20211 min read
NMHC Says 77% of Apartment Households Paid Rent by June 6th, 2021
The National Multifamily Housing Council (NMHC) says that 77% of apartment households made a full or partial rent payment by June 6th,...
Metro East REIA
Jun 11, 20211 min read
Arbor’s Single-Family Rental Investment Trends Report
According to Arbor’s Q1 2021 Single-Family Rental Investment Trends Report, if there were three real estate headlines to come out of the...
Metro East REIA
Jun 11, 20211 min read
Zombie Foreclosures Increase 21% in Q2
According to ATTOM Data’s latest Vacant Property and Zombie Foreclosure Report, zombie foreclosures represent only one of every 12,256...
Metro East REIA
Jun 9, 20211 min read
Cash Sales are Rising Sharply
Recent data from the NAR’s Economist Outlook say that the share of all-cash sales to existing-home sales surged to 25% in April, 2021 as...
Metro East REIA
Jun 9, 20211 min read
Rentable Says June Rents Moving Up
Rentable says that the median nationwide rent price for one-bedroom units in June was $1,146 (up 1.34%) with two-bedroom units coming in...
Metro East REIA
Jun 9, 20211 min read
Construction Spending Up 0.2% in April
The U.S. government is reporting that total construction spending in April was at a seasonally adjusted annual rate of $1,524.2 billion,...
Metro East REIA
Jun 9, 20211 min read
Big Cities Seek Ban on Natural Gas Going to Homes
The Wall Street Journal (reposted on Realtor.com) says several big cities are pursuing legislation to phase out natural gas for home...
Metro East REIA
Jun 9, 20211 min read
How Media Consumption Has Changed
The Visual Capitalist says data shows we consume more media than at any point in time over the last decade. Today’s infographic reminds...
Metro East REIA
Jun 9, 20211 min read
Half of Homes Are Now Selling Above List Price
Redfin says demand may have peaked for 2021 as pending home sales and mortgage purchase applications have both pulled back in recent...
Metro East REIA
Jun 3, 20211 min read
Exit Planning and Adjusting Your Expectations in a Hot Market
On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talked with Allison Koetsier about why...
Metro East REIA
Jun 3, 20211 min read
Paycheck Protection Program Closed to New Applicants
As of May 31, the SBA’s Paycheck Protection Program (PPP) was closed to new applicants. The Wall Street Journal reported that the...
Metro East REIA
Jun 3, 20211 min read
Own a Schitt’s Creek in Real Life: California Desert Town for Sale
If you enjoyed watching the hit Netflix show “Schitt’s Creek” here is the listing for you. According to the Wall Street Journal...
Metro East REIA
Jun 3, 20211 min read
U.S. House Prices Rise 12.6% over the Last Year
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI) Quarterly Report, U.S. house prices were up 12.6%...
Metro East REIA
May 31, 20211 min read
Pending Home Sales Down 4.4% in April
The National Association of Realtors is reporting that pending home sales were down 4.4% in April, 2021. The NAR’s Pending Home Sales...
Metro East REIA
May 31, 20211 min read
S&P CoreLogic Case-Shiller Index Up 13.2%
According to the latest S&P CoreLogic Case-Shiller Indices, covering all nine U.S. census divisions, the rate of home price increases...
Metro East REIA
May 31, 20211 min read
Home Prices Increase in 75% of Opportunity Zones During Q1 2021
A new report from ATTOM Data Solutions says that median home prices increased from Q1 2020 to the first Q1 2021 in 75% of Opportunity...
Metro East REIA
May 31, 20211 min read
AAA Says 37 Million Americans Will Travel Over Memorial Day
They’re back….Last year, due to the pandemic, AAA declined to issue their annual Memorial Day travel forecast for the first time in...
Metro East REIA
May 31, 20211 min read
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