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Metro East REIA
Jan 19, 20241 min read
United Van Lines National Annual Movers Study – 2023
We recently posted the 2023 U-Haul numbers revealing the migration patterns based on their one-way truck rentals. Now we’re looking at...
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Metro East REIA
Jan 8, 20241 min read
U.S. Construction Spending Up 0.4% in November
The U.S. government is reporting that total construction spending in November, 2023 was at a seasonally adjusted annual rate of $2,050.1...
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Metro East REIA
Jan 8, 20241 min read
U.S. Employment Situation – December 2023
According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 216k, in December...
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Metro East REIA
Jan 7, 20241 min read
Americans Are Getting Married Older Than Ever
Last summer we posted about the ratio of unmarried men to women. Now comes some Census data recently analyzed by Statista that shows...
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Metro East REIA
Jan 7, 20241 min read
FHFA Says Home Prices Up 6.3% Year Over Year
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices home prices rose 6.3% between...
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Metro East REIA
Dec 28, 20231 min read
RentCafe’s 2023 Year-End Report
In their 2023 Year-End Report, Rentcafe says it’s evident that the U.S. rental market has been shaken by the flood of new apartments that...
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Metro East REIA
Dec 28, 20231 min read
Who’s Afraid of Fraud? We All Should Be
I have a neighbor who over a year ago received a call from the FBI, seeking her assistance in targeting a group of individuals who were...
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Metro East REIA
Dec 28, 20231 min read
New Home Sales Drop 12.2% in November
The U.S. Government is reporting that sales of new single-family houses in November, 2023 were at a seasonally adjusted annual rate of...
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Metro East REIA
Dec 28, 20231 min read
Housing Starts Up 14.8% in November
The U.S. government is reporting that privately‐owned housing starts in November were at a seasonally adjusted annual rate of 1,560,000,...
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Metro East REIA
Dec 28, 20231 min read
Existing-Home Sales Up 0.8%
The National Association of Realtors is reporting that existing home sales were up 0.8% in November to a seasonally-adjusted annual rate...
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Metro East REIA
Dec 20, 20231 min read
Real Personal Consumption Expenditures and Personal Income by State 2021-22
The U.S Bureau of Economic Analysis released official statistics of real state personal consumption expenditures (Real PCE) by state for...
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Metro East REIA
Dec 20, 20231 min read
Apartment List’s Predictions for the 2024 Rental Market
Apartment List says the rental market has been on a rollercoaster in recent years, with abrupt swings in demand and supply, changing...
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Metro East REIA
Dec 18, 20231 min read
Household Real Estate Asset Growth Continues in the Q3 2023
The NAHB’s Eye on Housing recently analyzed data from the Federal Reserve’s Z.1 Financial Accounts of the United States, which shows that...
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Metro East REIA
Dec 18, 20231 min read
Top 10 Metros Homebuyers Are Moving Into
Recent analysis from Redfin says many people are moving away from expensive coastal cities for more affordable parts in the Sun Belt. In...
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Metro East REIA
Dec 13, 20231 min read
Write Your Ultimate Love Letter (It’s Not What You Think it is)!
Love letters come in various forms, from heartfelt handwritten notes to digital messages that express deep affection. However, there is...
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Metro East REIA
Dec 13, 20231 min read
Biden Administration Proposes $15 billion Plan to Replace Lead Pipes Nationwide
The Biden administration is proposing a $15 billion plan to replace water pipes containing lead within 10 years. According to FOX...
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Metro East REIA
Dec 13, 20231 min read
U.S. Employment Situation – November 2023
According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 199k, in November...
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Metro East REIA
Dec 13, 20231 min read
Realtor.com Chief Economist: US housing Market has “Big Hole to Dig Out Of”
On a recent episode of Mornings with Maria, Realtor.com’s chief economist, Danielle Hale, said “We’ve got a big hole to dig out of” when...
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Metro East REIA
Dec 7, 20231 min read
Zumper’s National Rent Report for November ’23
Rental information site Zumper recently released their latest monthly National Rent Report for November, 2023. According to their data,...
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Metro East REIA
Dec 7, 20231 min read
U.S. Construction Spending Up 0.6% in October
The U.S. government is reporting that total construction spending in October, 2023 was at a seasonally adjusted annual rate of $2027.1...
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