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Metro East REIA
May 5, 20241 min read
Georgia Governor Signs Bill Making Squatting a Crime
Following on the heels of Florida, Georgia Governor Brian Kemp recently signed legislation which would allow property owners to go after...
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Metro East REIA
Apr 28, 20241 min read
Supreme Court Rules Government Can’t Use Permit Process to Coerce Property Owners
The Pacific Legal Foundation recently announced that the U.S. Supreme Court ruled unanimously that legislatures cannot use the permit...
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Metro East REIA
Apr 28, 20241 min read
Foreclosure Starts Increase Slightly
According to the ATTOM Data’s Q1 2024 Foreclosure Report, there were 95,349 with a foreclosure filing during the first quarter of 2024,...
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Metro East REIA
Apr 22, 20241 min read
Housing Starts & Permits Drop in April ’24
The U.S. government is reporting that privately‐owned housing starts in March, 2024 were at a seasonally adjusted annual rate of...
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Metro East REIA
Apr 22, 20241 min read
More Baby Boomers Staying Put
A new report from Redfin says that more Baby Boomers are staying put in their homes, versus downsizing and selling. In fact, they found...
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Metro East REIA
Apr 22, 20241 min read
Open Construction Jobs Are Rising
A recent report from the NAHB’s Eye on Housing says that due to tightened monetary policy, the count of total job openings for the entire...
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Metro East REIA
Mar 10, 20241 min read
Turning $160k Into $52 Million Portfolio After Getting Kicked Out of PT School
On a recent episode of Omaha REIA’s “REIA Radio,” they dive into the remarkable journey of Hugede Luma, a Haitian immigrant whose path to...
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Metro East REIA
Feb 26, 20241 min read
Existing-Home Sales Up 3.1% in January
The National Association of Realtors is reporting that existing home sales were up 3.1% in January to a seasonally-adjusted annual rate...
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Metro East REIA
Feb 26, 20241 min read
CoreLogic Says Annual Rent Growth Remains Slow But Steady
According to the latest CoreLogic Single-Family Rent Index (SFRI), U.S. single-family home rental prices rose by 2.8% year over year in...
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Metro East REIA
Feb 26, 20241 min read
Real Estate Investors Bought 26% of Low-Priced Homes in Q4 – the Highest Share on Record
According to a recent analysis from Redfin, real estate investors bought 26.1% of low-priced homes sold in Q4 2023 – which they say is...
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Metro East REIA
Feb 8, 20241 min read
Are You Making Estimated Payments?
The United States has a “pay as you go” tax system in which payments for income tax (and, where applicable, Social Security and Medicare...
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Metro East REIA
Jan 31, 20241 min read
Seller Finance Coalition (SFC) Update
As you may recall, the Affordable Homeownership Access Act (HR 3464) seeks to provide working families with another access point to the...
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Metro East REIA
Jan 31, 20241 min read
ATTOM Says Home Selling Profits Drop in 2023 – 1st Time in Over a Decade
ccording to ATTOM’s Year-End 2023 U.S. Home Sales Report, home sellers made a $121k, profit on the typical sale in 2023, generating a...
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Metro East REIA
Jan 29, 20241 min read
New Home Sales Up 8% in December
The U.S. Government is reporting that sales of new single-family houses in December, 2023 were at a seasonally adjusted annual rate of...
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Metro East REIA
Jan 28, 20241 min read
ATTOM’s Year-End 2023 U.S. Foreclosure Market Report
According to ATTOM Data’s Year-End 2023 U.S. Foreclosure Market Report, there were 357,062 U.S. properties with foreclosure filings...
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Metro East REIA
Jan 28, 20241 min read
Local Market Monitor’s National Economic Outlook for January ’24
Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their...
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Metro East REIA
Jan 22, 20241 min read
Existing-Home Sales Drop 6.2% Year-Over-Year
The National Association of Realtors is reporting that existing home sales were down 1% in December to a seasonally-adjusted annual rate...
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Metro East REIA
Jan 22, 20241 min read
CoreLogic Says Home Price Growth Speeds Up Again in November
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased year...
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Metro East REIA
Jan 19, 20241 min read
Interactive Map of Property Taxes by State
The Visual Capitalist says about $600 billion in revenue was generated from U.S. state and local property tax revenue in 2020, a figure...
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Metro East REIA
Jan 19, 20241 min read
Pennsylvania Man Pays Ransom to Squatters to Reclaim House
A real estate investor in NW Philadelphia recently had to pay squatters $1,200 to leave a house he was selling after police said they...
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