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Pandemic-Driven Demand for 2nd Homes Soars
According to new data from Redfin, buyers who locked in mortgage rates for second home purchases shot up by a record 128% year-over-year...
Metro East REIA
Apr 14, 20211 min read
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Big Firms are Crowding the Market For Houses and Driving Up Prices
The Wall Street Journal (reposted on Realtor.com) recently wrote about how so-called big firms are crowding out the market for houses and...
Metro East REIA
Apr 14, 20211 min read
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Millennials Continue to Dominate Home Buying Market
According to the National Association of Realtor’s 2021 Home Buyers and Sellers Generational Trends report, millennials continue to make...
Metro East REIA
Apr 14, 20211 min read
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Best Counties for Buying Single-Family Rentals
According to data from ATTOM’s Q1 2021 Single Family Rental Market report, the average annual gross rental yield (annualized gross rent...
Metro East REIA
Apr 14, 20211 min read
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Yardi Says 2021 Off to a Strong Start
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in March increased $6 to $1,407. In...
Metro East REIA
Apr 12, 20211 min read
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NMHC Says 79.8% of Apartment Households Paid Rent by April 6th
The National Multifamily Housing Council (NMHC) says that 79.8% of apartment households made a full or partial rent payment by April 6th,...
Metro East REIA
Apr 12, 20211 min read
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Who Americans Spend Their Time With by Age
Time is the one finite resource that we closely guard and often, carefully choose how we spend it. Today’s interactive infographic from...
Metro East REIA
Apr 9, 20211 min read
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Will You Be Ready When the Eviction Moratorium Ends?
On a recent episode of the Rent Perfect Podcast, David Pickron says the current tenant/landlord climate feels like a good old-fashioned...
Metro East REIA
Apr 9, 20211 min read
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NAHB’s What Home Buyers Really Want 2021
The NAHB recently released their annual What Home Buyers Really Want report that they say sheds light on the housing preferences of the...
Metro East REIA
Apr 9, 20211 min read
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CFPB Wants to Prevent Foreclosures Until End of the Year
A new rule proposed by the Consumer Financial Protection Bureau (CFPB) seeks to prevent a wave of foreclosures as some pandemic...
Metro East REIA
Apr 9, 20211 min read
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Rentable Says April Rent Prices Down Slightly
Rentable says that the median nationwide rent price for one-bedroom units in April was $1,121 (down 0.27%) with two-bedroom units coming...
Metro East REIA
Apr 9, 20211 min read
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Pending Home Sales Down 10.6%
The National Association of Realtors is reporting that pending home sales were down 10.6% in February, 2021. The NAR’s Pending Home...
Metro East REIA
Apr 9, 20211 min read
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So, Barndominiums Are a Thing Now?
No, this is not an April Fools post…….And yes, we have posted a lot about the tiny house phenomenon and even one about repurposing...
Metro East REIA
Apr 4, 20211 min read
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Zumper’s National Rent Report for April ’21
Rental information site Zumper recently released their National Rent Report for April, 2021 showing that their median national rent for...
Metro East REIA
Apr 4, 20211 min read
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Couple Buys Dream Home, Seller Refuses to Move out Due to Eviction Moratorium
A couple in California who cash-purchased their dream home, suddenly got a rude awakening when the seller refused to leave, citing the...
Metro East REIA
Apr 4, 20211 min read
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What's Next in the Residential Build-to-Rent Market?
What is next in the residential build-to-rent market? A recent interview article on Builder.com discusses how the build-to-rent asset...
Metro East REIA
Apr 4, 20211 min read
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4 Benefits of Buying a House Using Traditional Financing
When you’re purchasing a home, whether it’s your first or your third, you’ll likely have to consider various financing options. It...
Metro East REIA
Mar 30, 20211 min read
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Metros with the Most Big Homes For Sale
Realtor.com says bigger is now definitively better again when it comes to houses. With that in mind they set out to discover the metro...
Metro East REIA
Mar 30, 20211 min read
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CDC Extends Eviction Moratorium Through June
he Centers for Disease Control & Prevention (CDC) announced at the end of March that it was extending their nationwide ban on evictions...
Metro East REIA
Mar 29, 20211 min read
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New Home Sales Down 18.2% Year-Over-Year
The U.S. Government is reporting that sales of new single-family houses in February, 2021 were at a seasonally adjusted annual rate of...
Metro East REIA
Mar 29, 20211 min read
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