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For 11th year in a Row Americans Choose Real Estate as Best Investment
We have posted about this for many years now and it doesn’t get old; For the 11th year in a row, Gallup is reporting that more Americans...
Metro East REIA
Jun 14, 20231 min read
Understanding Bad Debt Loss Deductions
The current economic climate makes this a good time to focus on bad debt losses. As an individual taxpayer, deducting bad debt losses...
Metro East REIA
Jun 14, 20231 min read
A Rent Control Renaissance Is Underway
A recent essay by the Foundation for Economic Education says a rent control renaissance Is underway in America and it’s sure to make the...
Metro East REIA
Jun 6, 20231 min read
U.S. Construction Spending Up 1.2% in April ’23
The U.S. government is reporting that total construction spending in April, 2023 was at a seasonally adjusted annual rate of $1,908.4...
Metro East REIA
Jun 6, 20231 min read
FHFA Says Home Prices Up 4.3% Year-Over-Year
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose 4.3% from March 2022...
Metro East REIA
Jun 6, 20231 min read
NMHC & NAA Statement on Recent Supreme Court WOTUS Ruling
We’ve been covering this issue for quite a while. However, just before the long 2023 Memorial Day weekend, the U.S. Supreme Court issued...
Metro East REIA
May 31, 20231 min read
Single-Family Built-for-Rent Construction Cools
The NAHB’s Eye on Housing says single-family built-for-rent (SFBFR) construction has cooled and investor interest has pulled back on...
Metro East REIA
May 31, 20231 min read
Large Southern Cities Lead Nation in Growth
As we have seen from recent home sales and migration data, people are “heading South.” The U.S. Census Bureau is reporting that nine of...
Metro East REIA
May 31, 20231 min read
Pending Home Sales Unchanged in April
The National Association of Realtors is reporting that pending home sales were unchanged (from March) in April, 2023. The NAR’s Pending...
Metro East REIA
May 31, 20231 min read
Seller Finance Bill Introduced in Congress
In mid-May Congressmen Andy Barr (R-KY) and Vicente Gonzalez (D-TX) introduced the Affordable Homeownership Access Act. The bill seeks...
Metro East REIA
May 28, 20231 min read
Florida Landlord Sounds the Alarm Over Squatter Problem
We have had several posts about the growing problem with squatters taking over peoples’ property under various schemes. Here comes...
Metro East REIA
May 22, 20231 min read
S&P CoreLogic Case-Shiller Reports a 2% Price Gain in February
The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 2% annual gain for February, 2023. Their 10-City...
Metro East REIA
May 1, 20231 min read
Top U.S. Counties with Highest Effective Property Tax Rates
According to ATTOM’s 2022 Property Tax Analysis for 87 million U.S. single family homes, $339.8 billion in property taxes were levied on...
Metro East REIA
May 1, 20231 min read
The Federal Government Wants to Micromanage the Nation’s Housing
A recent and quite prescient essay by Ethan Blevins with the Pacific Legal Foundation says the federal government wants to micromanage...
Metro East REIA
May 1, 20231 min read
Airbnb Hosts Generated over $2 Billion in Tax Revenue in 2022
Airbnb says they’re the largest collector and remitter of tourism taxes by short-term rental platforms in the world. According to a...
Metro East REIA
Apr 26, 20231 min read
Real GDP by U.S. State
The U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product (GDP) increased in 46 states (and D.C) in Q4...
Metro East REIA
Apr 26, 20231 min read
Countries that Hold the Most U.S. Debt
This is certainly something to make you go hmmmm. Today’s infographic from the Virtual Capitalist illustrates how America owes foreign...
Metro East REIA
Apr 26, 20231 min read
The Effects of Drugs on Your Property
If you‘ve ever been on a boat, you are familiar with the wake that is left behind on the water. Regardless of your speed, it is...
Metro East REIA
Apr 26, 20231 min read
Nationwide Property Tax Revenues See Largest Increase Since 2009
According to recent analysis from the NAHB’s Eye on Housing, state and local tax data from the U.S. Census show that $286 billion in...
Metro East REIA
Apr 26, 20231 min read
America’s Population that’s 65 Years and Older
Knowing your customers is vitally important in today’s housing market. Especially as aging baby boomers downsize and relocate it’s...
Metro East REIA
Apr 17, 20231 min read
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