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FHFA Extends Foreclosure & Eviction Moratoriums through January ’21
The Federal Housing Finance Agency (FHFA) announced they are extending their moratorium on foreclosures and evictions from single-family...
Metro East REIA
Dec 3, 20201 min read
Construction Spending Up 1.3% in October
The U.S. government is reporting that total construction spending in October was at a seasonally adjusted annual rate of $1,438.5...
Metro East REIA
Dec 3, 20201 min read
Pending Home Sales Down 1.1% in October
The National Association of Realtors is reporting that pending home sales declined 1.1% in October, 2020. The NAR’s Pending Home Sales...
Metro East REIA
Dec 2, 20201 min read
New Home Sales in October Up 41.5% from 2019
The U.S. Government is reporting that sales of new single-family houses in October, 2020 were at a seasonally adjusted annual rate of...
Metro East REIA
Dec 1, 20201 min read
FHFA House Price Index Up 3.1% in Q3
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices were up 1.7% in September,...
Metro East REIA
Dec 1, 20201 min read
S&P CoreLogic Case-Shiller Index Up 7%
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
Nov 30, 20201 min read
How Legalized Marijuana Affects Your Rental Properties
Are you a landlord concerned about drug use in your properties – especially now that in many states the laws have drastically changed...
Metro East REIA
Nov 30, 20201 min read
Airbnb Bookings More Than Quadrupled Since 2015
What started back in 2007 has grown into a global phenomenon. Statista reminds us that Airbnb hosts have welcomed guests in more than...
Metro East REIA
Nov 27, 20201 min read
Number of Renter Occupied Housing units in the US, 1975-2019
Who doesn’t love good data? With that being said, the folks over at Statista said that in 2019 there were approximately 43 million...
Metro East REIA
Nov 27, 20201 min read
New Homes Built w/Wells & Septic Systems in 2019
This is a housing subject that’s interesting from a data & public health perspective. According to research from the NAHB’s Economics...
Metro East REIA
Nov 27, 20201 min read
How High are the Cell Phone Taxes in Your State?
We have posted a lot about taxes and how they affect your bottom-line. Recently, the folks over at the Tax Foundation ran the numbers to...
Metro East REIA
Nov 27, 20201 min read
Serious Delinquency Rate by State for Q3
According to the latest Mortgage Bankers Association’s National Delinquency Survey, the delinquency rate for mortgage loans on 1-4-unit...
Metro East REIA
Nov 27, 20201 min read
Fewer Americans Traveling This Thanksgiving
The venerable AAA says Thanksgiving 2020 will be “on the lighter side” when it comes to the number of travelers on our nation’s roads and...
Metro East REIA
Nov 21, 20201 min read
Housing Starts Up in 4.9% in October
The U.S. government is reporting that privately‐owned housing starts in October were at a seasonally adjusted annual rate of 1,530,000,...
Metro East REIA
Nov 21, 20201 min read
Homebuyer Demand Surging After Taking a Break Around the Election
CNBC’s Diana Olick is reporting that fueled by record-low interest rates, homebuyer demand is surging after taking a slight break around...
Metro East REIA
Nov 21, 20201 min read
Race for Space Pushing Up Suburban Rents
The Wall Street Journal (reposted in Realtor.com) says big companies that own single-family homes are raising rent at the fastest rate...
Metro East REIA
Nov 18, 20201 min read
Renters are Majority in 23 Big Cities
A new report from RENTCafé says that renters have become the majority 23 big cities (with >100k residents) over the past decade. Among...
Metro East REIA
Nov 18, 20201 min read
Smaller Multifamiles Gain Market Share in ’19
The NAHB’s Eye on Housing says that a shift has taken place in the number of multifamily units built as smaller properties, reversing a...
Metro East REIA
Nov 17, 20201 min read
Local Market Monitor’s National Economic Outlook – November 2020
Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their...
Metro East REIA
Nov 17, 20201 min read
Consumer Price Index Was Flat in October
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in October,...
Metro East REIA
Nov 17, 20201 min read
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