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Metro East REIA
Dec 7, 20231 min read
S&P CoreLogic Case-Shiller Index Continues to Rise
The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 3.9% annual change for September, 2023. Their...
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Metro East REIA
Dec 7, 20231 min read
Pending Home Sales Hit Lowest Level in 20 years
The National Association of Realtors is reporting that pending home sales dropped 1.5% in October, 2023. The NAR’s Pending Home Sales...
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Metro East REIA
Dec 1, 20231 min read
Foreclosure Starts Rose in October
According to Black Knight’s latest Mortgage First Look, the national delinquency rate fell 3 basis points (bps) to 3.26% in October,...
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Metro East REIA
Dec 1, 20231 min read
NAR’s Lawrence Yun Expects Mortgage Rates in 6% Range Next year
On a recent episode of CNBC’s Squawk Box, the NAR’s chief economist, Lawrence Yun, discussed the state of the housing market, why he...
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Metro East REIA
Dec 1, 20231 min read
Existing-Home Sales Hits Lowest Level in 13 Years
The National Association of Realtors is reporting that existing home sales were down 4.1% in October to a seasonally-adjusted annual rate...
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Metro East REIA
Nov 26, 20231 min read
Porches are as Popular as Ever
Porch-sitters take note; According to data from the NAHB’s Eye on Housing, 66.4% new homes built in 2022 were equipped with a porch. In...
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Metro East REIA
Nov 26, 20231 min read
State by State Flood Disclosure Requirements
According to the NAR, FEMA is proposing federal legislation with a new condition for states to continue participating in the National...
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Metro East REIA
Nov 26, 20231 min read
Yardi Says Supply Growth Pushes Multifamily Rents Down
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,718 in October, 2023. Yardi says...
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Metro East REIA
Nov 26, 20231 min read
Inflation Running at 3.2% Year Over Year
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in October,...
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Metro East REIA
Nov 15, 20231 min read
FHFA Says Home Prices Up 5.6% in Year Over Year
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices home prices rose 0.6% in August,...
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Metro East REIA
Nov 15, 20231 min read
U.S. Construction Spending Up 0.4% in September
The U.S. government is reporting that total construction spending in September, 2023 was at a seasonally adjusted annual rate of $1,996.5...
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Metro East REIA
Nov 15, 20231 min read
Safeguard Your Real Estate Investments with Instant Term Life Insurance
For real estate investors, the balance of risk and reward is a daily consideration. While tangible assets like properties can seem like...
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Metro East REIA
Nov 15, 20231 min read
More Couples are Using Wedding Registries for Help Buying First Home
A recent analysis from Zillow says more couples are turning to wedding registries for help in buying their first home. In fact, the data...
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Metro East REIA
Nov 15, 20231 min read
Washington Homeowner Lives in Van While Deadbeat Tenant Lists House on Airbnb
Any more, you really can’t make this stuff up; A recent report on FOX News revealed a Seattle homeowner has been living out of his van...
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Metro East REIA
Nov 3, 20231 min read
2024 State Business Tax Climate Index
The Tax Foundation recently released their 2024 State Business Tax Climate Index to enable business leaders, government policymakers, and...
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Metro East REIA
Nov 3, 20231 min read
Zumper’s National Rent Report for October ’23
Rental information site Zumper recently released their latest monthly National Rent Report for October, 2023. According to their data,...
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Metro East REIA
Nov 3, 20231 min read
NAR Found Liable for Inflating Commissions; Jury Awards $1.78 Billion in Damages
Reuters is reporting that a federal court in Kansas City Missouri has returned a verdict in a class action lawsuit against the National...
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Metro East REIA
Nov 3, 20231 min read
All-Cash Share of New Home Sales Jumps in Q3 2023
Recent analysis of new home sales data by the NAHB’s Eye on Housing reveals that the all-cash share of new home sales climbed...
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Metro East REIA
Nov 3, 20231 min read
Pending Home Sales Up 1.1% in September
The National Association of Realtors is reporting that pending home sales rose 1.1% in September, 2023. The NAR’s Pending Home Sales...
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Metro East REIA
Oct 26, 20231 min read
America’s Top 50 Rattiest Cities
The pest control & rodent removers over at Orkin say for the 9th year in a row Chicago continues its first-place spot on their Top 50...
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