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Metro East REIA
Oct 5, 20231 min read
Zumper’s National Rent Report for September ’23
Rental information site Zumper recently released their latest monthly National Rent Report for September, 2023. According to their data,...
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Metro East REIA
Oct 5, 20231 min read
Pending Home Sales Fall 7.1% in August
The National Association of Realtors is reporting that pending home sales fell 7.1% in August, 2023. The NAR’s Pending Home Sales Index...
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Metro East REIA
Sep 28, 20231 min read
New Home Sales Down 8.7% in August
The U.S. Government is reporting that sales of new single-family houses in August, 2023 were at a seasonally adjusted annual rate of...
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Metro East REIA
Sep 28, 20231 min read
Attitude Adjustment
Attitude can make or break you. We all have times in our lives where it is tempting to doubt ourselves and our abilities. Many of us also...
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Metro East REIA
Sep 28, 20231 min read
Flipping Activity Drops But Profits Rise
According to the latest U.S. Home Flipping Report from ATTOM, 84,350 single-family houses and condominiums were flipped in Q2, 2023...
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Metro East REIA
Sep 28, 20231 min read
Existing-Home Sales Down 0.7% in August
The National Association of Realtors is reporting that existing home sales were down 0.7% in August to a seasonally-adjusted annual rate...
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Metro East REIA
Sep 28, 20231 min read
Housing Starts Crater in August
The U.S. government is reporting that privately‐owned housing starts in August were at a seasonally adjusted annual rate of 1,283,000,...
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Metro East REIA
Sep 24, 20231 min read
The Rule of 72
It’s one of the most basic investing principles and might have been the first one you learned – it’s the “Rule of 72.” The “rule” is the...
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Metro East REIA
Sep 24, 20231 min read
1 in 5 Millennials Believe They’ll Never Own a Home
A recent survey from Redfin says nearly one of every five (18%) millennials and 12% of Gen Zers believe they will never own a home. To...
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Metro East REIA
Sep 24, 20231 min read
Exploring the Role of Architects in Real Estate Investing
On a recent episode of the AZREIA Show, Marcus Maloney & Michael Del Prete talk with architectural expert Nicholas Tsontakis about...
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Metro East REIA
Sep 24, 20231 min read
High Mortgage Rates Weaken Builder Confidence
The NAHB says persistently high mortgage rates continue to erode builder confidence, as sentiment levels have dropped below the key...
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Metro East REIA
Sep 19, 20231 min read
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,...
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Metro East REIA
Sep 19, 20231 min read
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...
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Metro East REIA
Sep 19, 20231 min read
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...
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Metro East REIA
Sep 11, 20231 min read
New Single-Family Home Size Reach Decade Low
Recent analysis from the NAHB’s Eye on Housing shows that for new single family homes, the median single-family square floor area...
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Metro East REIA
Sep 11, 20231 min read
Zumper’s National Rent Report for August ’23
Rental information site Zumper recently released their latest monthly National Rent Report for August, 2023. According to their data,...
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0 comments
Metro East REIA
Sep 5, 20231 min read
Pending Home Sales Up 0.9% in July
The National Association of Realtors is reporting that pending home sales were up 0.9% in July, 2023. The NAR’s Pending Home Sales Index...
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Metro East REIA
Sep 5, 20231 min read
FHFA Says Q2 Home Prices Up 3% Over Last Year
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices were up 3% over Q2 2022 though Q2...
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Metro East REIA
Aug 31, 20231 min read
Foreclosure Inventory Hits Lowest Level in 15 Months
According to Black Knight’s latest Mortgage Monitor, the total U.S. loan delinquency rate (loans 30 days+ past due but not in...
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Metro East REIA
Aug 31, 20231 min read
HELOC Demand Slows in 2023
A recent report from CoreLogic says while HELOC activity hit a 15-year high in 2022 (the highest level since mid-2007), the numbers...
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