Metro East REIA
- May 8, 2022
- 1 min read

Land Market Has Its Best Year in Almost a Decade

A recent report from the NAR’s Economist’s Outlook says the land market had its best year in nearly a decade in 2021 with land sales rising 6% as well as outperforming the pace of acquisitions of other commercial real estate types. The report says states with the largest shares of land sales were Texas (15%), Florida (13%), California (6%), Georgia (5%), and Arizona (5%), garnering 44% of land sales in 2021. Continue reading HERE...

Recent Posts

See All

Federal Judge Halts Biden Administration Waters Rule in Texas & Idaho

Bloomberg Law has reported that a federal judge in Texas has issued a preliminary injunction against the Biden administration’s waters of the US rule (aka WOTUS). However, the injunction only applies

Housing Starts & Permits Jump Up in February

The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,450,000, which is 9.8% higher than January’s revised number but is 18.4%

Yardi Says Multifamily Flat in February

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,702 in February, the same as January’s figure. Yardi says year-over-year growth continued its downw