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Metro East REIA
Aug 31, 20231 min read
National Rent Control will Make the Housing Crisis Worse
A recent commentary published in the Hill by Sharon Wilson Géno (president of the National Multifamily Housing Council) says national...
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Metro East REIA
Aug 28, 20231 min read
Existing-Home Sales Down 2.2% in July
The National Association of Realtors is reporting that existing home sales were down 2,2% in July to a seasonally-adjusted annual rate of...
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Metro East REIA
Aug 28, 20231 min read
Fertilization Tips for Fall
Yes, believe it or not, the Autumnal Equinox will soon be upon us….that’s right, the first day of Fall is September 23rd. That means...
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Metro East REIA
Aug 28, 20231 min read
Handyman Turns Tables on Squatters – Squats Himself!
We’ve had a lot of posts recently about the problem of squatters. A recent report on FOX Business’ Varney & Company says after squatters...
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Metro East REIA
Aug 16, 20231 min read
New Home Sales by Financing Source
Recent analysis of mortgage data by the NAHB’s Eye on Housing reveals that the share of new home sales backed by FHA loans climbed from...
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Metro East REIA
Aug 16, 20231 min read
Consumer Price Index Up 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 up 0/2% in July, 2023....
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Metro East REIA
Aug 16, 20231 min read
REIA Member Fights County Assessments on Duplexes and Won
Kansas City’s KCTV reports that a member of the Mid-America Association of Real Estate Investors (MAREI) recently challenged the property...
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Metro East REIA
Aug 16, 20231 min read
America’s Most Affordable Lake Towns
Realtor.com says that while some of America’s more famous lake towns are pricey, there are actually many that are surprisingly...
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Metro East REIA
Aug 16, 20231 min read
America’s $20 Trillion Economy by State
Today’s graphic from the Visual Capitalist reminds us that when you add up the parts, every U.S. state plays an integral role in the...
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Metro East REIA
Aug 9, 20231 min read
Housing’s Share of the Economy Lower in Q2 2023
The NAHB’s Eye on Housing says at the end of Q2 2023, housing’s share of the economy was 15.8%, while overall GDP increased for the 4th...
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Metro East REIA
Aug 9, 20231 min read
U.S. Employment Situation – July 2023
According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 187k, in July 2023,...
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Metro East REIA
Aug 9, 20231 min read
U.S. Construction Spending Up 0.5% in June
The U.S. government is reporting that total construction spending in June, 2023 was at a seasonally adjusted annual rate of $1,938.4...
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Metro East REIA
Aug 9, 20231 min read
U.S. Homeownership & Rental Vacancy Rates for Q2 2023
The U.S. government is reporting that the national vacancy rates for Q2, 2023 were 6.3% for rental housing and 0.7% for homeowner housing....
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Metro East REIA
Aug 9, 20231 min read
Foreign Buyers of U.S. Homes Falls to Lowest Level on Record
CNBC’s Diana Olick says a new report from the National Association of Realtors shows foreign buyers are pulling back from the U.S....
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Metro East REIA
Aug 9, 20231 min read
FHFA Says Home Prices Up 0.7% in May
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices rose 0.7% in May. In addition, they...
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Metro East REIA
Aug 9, 20231 min read
Zumper’s National Rent Report for July ’23
Rental information site Zumper recently released their latest monthly National Rent Report for July, 2023. According to their data, rent...
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Metro East REIA
Jul 31, 20231 min read
Unmarried Ratio of Men to Women Aged 18+
A recent chart from the U.S. Census Bureau illustrates the unmarried ratio of men to women. The unmarried ratio is the number of...
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Metro East REIA
Jul 31, 20231 min read
Seriously Delinquencies Hit Lowest Level Since 2006
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
Jul 31, 20231 min read
Support Growing for Supreme Court Review of Rent Control Law
On a recent episode of Real Estate News for Investors, Kathy Fettke says the rent control debate is gaining momentum at the top of the...
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Metro East REIA
Jul 31, 20231 min read
Yardi Says Multifamily Remains Stable, Despite Some Softening
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,726 in June (up $7). Yardi says...
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