Metro East REIA
- Nov 9, 2021
- 1 min read

One-Third of Homes Sold Were Under Contract in a Week

A recent report from Redfin says that as of late October, a third of homes sold went under contract within seven days of hitting the market – and they say that rate has been in the rise for 6+ weeks. In addition they point out that their Homebuyer Demand Index (measuring requests for home tours and other home-buying services) rose 1.2 points during the week ending October 24, and was up 10% from a year earlier. Continue reading HERE...

Recent Posts

See All

Consumer Price Index Up 3.7% Year Over Year

The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.6% in August, 2023. The all items index was up 3.7% for the 12 months ending in

Reserves are Important

None of us knows what life will bring. All of a sudden, your ability to generate income may be severely restricted by an illness or injury. In the past few months, my office has worked with several in

Gap in Urban & Suburban Rent Growth Widened During the Pandemic

A recent report from Apartment List says the gap in urban and suburban rent growth widened during the pandemic. However, they do point out that while rents are now falling, they’re falling slower in