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Inventory Sinks as New Home Prices See Continued Growth
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses how inventory has hit a new low while home prices are...
Metro East REIA
Jan 18, 20211 min read
The Number of “Million-Dollar Cities” spiked sharply in 2020
Zillow says that the typical home value in the U.S. is about $263k, however the number of “million-dollar cities” spiked sharply in 2020....
Metro East REIA
Jan 18, 20211 min read
Americans Are Moving West and South
In their 44th annual National Movers study, United Van Lines says Americans are moving west and south – with the Coronavirus pandemic...
Metro East REIA
Jan 18, 20211 min read
America’s 2020 Rental Market in Review
Rentable (formerly known as ABODO) says most Americans will be happy to have 2020 behind them – especially after dealing with the...
Metro East REIA
Jan 12, 20211 min read
Comparison Unemployment During the Pandemic
A recent "chart of the week" from the Mortgage Bankers Association highlights the various metrics around extended unemployment during the...
Metro East REIA
Jan 12, 20211 min read
NY City Landlord Facing his Own Eviction as Tenants Refuse to Pay
The New York Post is reporting that a New York City landlord is himself facing eviction after some “deadbeat” tenants are refusing to pay...
Metro East REIA
Jan 9, 20211 min read
Blockchain in Real Estate…What’s Next?
We have had several posts about the emerging blockchain technology, but it’s been a while. A recent article in Commercial Property...
Metro East REIA
Jan 9, 20211 min read
Construction Spending Up Slightly
The U.S. government is reporting that total construction spending in November was at a seasonally adjusted annual rate of $1,459.4...
Metro East REIA
Jan 9, 20211 min read
Zumper’s National Rent Report for January ’21
Rental information site Zumper recently released their National Rent Report for January, 2021 showing that their median national rent for...
Metro East REIA
Jan 9, 20211 min read
Pending Home Sales Down 2.6% in November
The National Association of Realtors is reporting that pending home sales declined 2.6% in November, 2020. The NAR’s Pending Home Sales...
Metro East REIA
Jan 9, 20211 min read
Top New Year’s Resolutions for 2021
If you’re like most people, it’s time to finally put 2020 to bed and look toward a fresh start in 2021. Today is January 1st, 2021 and...
Metro East REIA
Jan 1, 20211 min read
Top 10 Housing Markets for 2021
What will be the top markets for real estate in 2021? Realtor.com says the top 10 markets for 2021 have substantial momentum from 2020...
Metro East REIA
Jan 1, 20211 min read
S&P CoreLogic Case-Shiller Index Up 8.4%
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
Jan 1, 20211 min read
Top 10 U.S. Counties with Foreclosure Starts
According to November’s U.S. Foreclosure Market Report from ATTOM Data, foreclosure filings were down 14% from one year ago, with just...
Metro East REIA
Jan 1, 20211 min read
FHFA House Price Index Up 1.5%
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices were up 1.5% in October and up...
Metro East REIA
Jan 1, 20211 min read
Black Knight Says Nearly 2.2 Million Mortgages are Seriously Past-Due
According to Black Knight’s “first look” report for November, 2020, mortgage delinquencies improved for the 6th consecutive month in...
Metro East REIA
Jan 1, 20211 min read
CDC Eviction Moratorium Extended Through January
With President Trump’s signature on the recent $900 Billion Covid-19 Relief Bill the details are fully emerging and being implemented by...
Metro East REIA
Dec 28, 20201 min read
Existing-Home Sales Down 2.5% in November
The National Association of Realtors is reporting that existing home sales dropped 2.5% in November to a seasonally-adjusted annual rate...
Metro East REIA
Dec 28, 20201 min read
New Home Sales Down in 11% November
The U.S. Government is reporting that sales of new single-family houses in November, 2020 were at a seasonally adjusted annual rate of...
Metro East REIA
Dec 28, 20201 min read
Christmas 2020 Statistics
Merry Christmas! With that in mind, discount site CouponLawn.com says this Christmas will be unlike any other we have ever seen. This...
Metro East REIA
Dec 26, 20201 min read
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