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Slab Foundations Becoming More Common in New Single-Family Homes
According to recent analysis from the NAHB’s Survey of Construction, 63.2% of all new single-family homes started in 2019 were built on...
Metro East REIA
Dec 26, 20201 min read
Top 10 Suburbs Where Prices are Rising the Most
Realtor.com says the pandemic has taken the shine out of big-city life with gathering places shuttered and little space to maintain...
Metro East REIA
Dec 26, 20201 min read
Highlights from the Stimulus Bill of 12/20
Senator Portman (R-OH) worked hard to get a deal done on additional COVID-19 relief, and was a key negotiator on housing related issues,...
Metro East REIA
Dec 23, 20201 min read
Flipping Declines in Q3 But Profits Reach 20-Year High
According to the latest home flipping report from ATTOM Data, gross returns for home flippers soared to their highest level in 20 years....
Metro East REIA
Dec 23, 20201 min read
FHA Extends Eviction and Foreclosure Moratorium through February
On the heels of Congress passing a $900 billion COVID-relief package, the Federal Housing Administration announced that it was extending...
Metro East REIA
Dec 23, 20201 min read
Building Permits Up 6.2%
The U.S. government is reporting that privately‐owned housing starts in November were at a seasonally adjusted annual rate of 1,547,000,...
Metro East REIA
Dec 21, 20201 min read
Going into 2021, Safety Remains a Key Priority
As we enter 2021, safety remains a key priority across most major industries, especially real estate, construction, renovation and...
Metro East REIA
Dec 21, 20201 min read
Biden Will Be The Oldest President In U.S. History
Now that the fireworks have finally settled down and whether you feel cheated or vindicated, one thing is clear; the venerable Electoral...
Metro East REIA
Dec 19, 20201 min read
Yardi Says Rents Declined Slightly in November
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were down 0.5% year-over-year in November. ...
Metro East REIA
Dec 17, 20201 min read
Airbnb Goes Public
Many real estate investors are owners of short-term rentals – in fact, we’ve covered it extensively. In early December, Airbnb corporate...
Metro East REIA
Dec 15, 20201 min read
Consumer Price Index Up 0.2% in November
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.2% in November after...
Metro East REIA
Dec 15, 20201 min read
CoreLogic: Home Prices up 7.3% Year-Over Year in October
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 7.3%...
Metro East REIA
Dec 15, 20201 min read
NMHC Says 75.4% of Apartment Households Paid Rent by December 6th
The National Multifamily Housing Council (NMHC) says that 75.4% of apartment households made a full or partial rent payment by December...
Metro East REIA
Dec 15, 20201 min read
The Most Valuable Real Estate in America
The VisualCapitalist says that real estate value is concentrated in our larger cities. Today’s infographic shows how they stack up and...
Metro East REIA
Dec 13, 20201 min read
Flipping Houses Helps Chip Away at the Housing Shortage ok
As we have seen over and over again, there is a dearth of housing inventory all across the nation. While the reasons have many...
Metro East REIA
Dec 9, 20201 min read
ABODO Says Rent Prices On The Rise in December
National apartment listing site ABODO recently reported that the median nationwide rent price for one-bedroom units in November was...
Metro East REIA
Dec 9, 20201 min read
Smaller Rental Property Owners Are Suffering, Government Needs to Act!
The National Real Estate Investors Association says individual property owners, most of whom own less than 50 rentals and live in close...
Metro East REIA
Dec 9, 20201 min read
New Home Inventory Sits at a 3.5-Year Low
According to recent numbers crunched by the NAHB’s Eye on Housing, new home inventory is sitting at a 3.5-year low. They point out that...
Metro East REIA
Dec 9, 20201 min read
Realtor.com’s 2021 Housing Market Forecast & Predictions
It is that time of the year (and oh, what a year it has been) for all the prognostications about what’s going to happen in the new year...
Metro East REIA
Dec 9, 20201 min read
Some Cities & States are Paying People to Move There
Yes, you read that headline correctly. According to FOX News the Coronavirus pandemic has many Americans relocating out of crowded...
Metro East REIA
Dec 9, 20201 min read
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