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Yardi Says Rents Were Flat in October
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were flat in October. However, Yardi says...
Metro East REIA
Nov 17, 20201 min read
Best & Worst Commuter Cities
Pandemic aside, what are the best and worst cities for that morning commute? The Daily Infographic says it can be either a complete...
Metro East REIA
Nov 16, 20201 min read
Getting into the GUTS of Rental Property
On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Mike Bonadies, a landlord and...
Metro East REIA
Nov 16, 20201 min read
NMHC Says 80.4% of Apartment Households Paid Rent by November 6th
The National Multifamily Housing Council (NMHC) says that 80.4% of apartment households made a full or partial rent payment by November...
Metro East REIA
Nov 16, 20201 min read
Record Number of Redfin Users Looked to Move to a Different Metro in Q3
According to new research from Redfin.com, 29% of their users looked to move to a different metro area in Q3, 2020. Santa Barbara (CA)...
Metro East REIA
Nov 10, 20201 min read
Study Finds 59% of Renters Used All or Some of Stimulus Check to Cover Rent
According to a recent study by Entrata, 59% of renters used all or some of their stimulus checks to cover rent during recent lockdowns...
Metro East REIA
Nov 10, 20201 min read
Californians Reject Bid to Expand Rent Control
We have been closely watching the rent control issue for quite a while and have some good news to report from last Tuesday’s election. ...
Metro East REIA
Nov 8, 20201 min read
ABODO Says Rents are Still Stagnant Going into November
National apartment listing site ABODO recently reported that the median nationwide rent price for one-bedroom units in November was...
Metro East REIA
Nov 4, 20201 min read
FHFA House Price Index Up 8% Year-Over-Year
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices were up 1.5% in August and...
Metro East REIA
Nov 4, 20201 min read
Construction Spending Up in September
The U.S. government is reporting that total construction spending in September was at a seasonally adjusted annual rate of $1,414...
Metro East REIA
Nov 4, 20201 min read
Zumper’s National Rent Report for November 2020
Rental information site Zumper recently released their National Rent Report for November, 2020 showing that their median national rent...
Metro East REIA
Nov 2, 20201 min read
Who’s Driving Self Storage Expansion and What are They Looking For?
STORAGECafé says that self storage has seen tremendous growth in recent times, fueled by strong demand. In fact, developers have been...
Metro East REIA
Nov 2, 20201 min read
Negotiation Tip – Be A “Don’t-Wanter” of the Deal
I’ve been involved in a lot of negotiations, and read a lot of books on the subject. There is a basic principal of negotiation that is...
Metro East REIA
Oct 28, 20201 min read
U.S. Homeownership & Rental Vacancy Rates for Q3 2020
The U.S. government is reporting that the national vacancy rates in Q3 2020 were 6.4% for rental housing and 0.9% for homeowner housing. ...
Metro East REIA
Oct 28, 20201 min read
Young Families Driving Exodus From New York City to Suburbs
People are on the move. Whether it’s pandemic related, high-taxes, better schools, safer neighborhoods, larger home, or any/all of the...
Metro East REIA
Oct 28, 20201 min read
New Home Sales Close to 1 Million in September
The U.S. Government is reporting that sales of new single-family houses in September, 2020 were at a seasonally adjusted annual rate of...
Metro East REIA
Oct 28, 20201 min read
Existing-Home Sales Surge 9.4% in September
The National Association of Realtors is reporting that existing home sales jumped 9.4% in September to a seasonally-adjusted annual rate...
Metro East REIA
Oct 28, 20201 min read
Foreclosure Activity at Historical Lows Due to Moratoria
According to ATTOM Data’s Q3 2020 U.S. Foreclosure Market Report, foreclosure filings were down 81% from one year ago to the lowest level...
Metro East REIA
Oct 28, 20201 min read
Most Searched-for Products on Amazon
Does the Amazon truck swing by your home or office on a regular basis? There is a very good chance that it does just like millions of...
Metro East REIA
Oct 26, 20201 min read
Softwood Lumber Prices Surge in September
According to the NAHB’s Eye on Housing (using recent data from the Bureau of Labor Statistics), Softwood Lumber prices have surged a...
Metro East REIA
Oct 22, 20201 min read
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