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Month: June 2020

Growing in Service, Organically and Exponentially

Growing in Service, Organically and Exponentially

SingleSource celebrates 20 years in real estate with a dynamic new twist. When three friends from childhood joined forces in 2000 to form an REO asset management company paired with a broker price opinion forum, they knew their foundation was a firm one. They could not have dreamed, however, of...

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REI INK is a business publication for serious real estate investors and service providers. As a comprehensive real estate investment publication, REI INK covers all types of real estate investments and topics, including single family, multifamily, commercial, alternative investing strategies, lending, acquisitions and dispositions, property management and more.
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News Updates

There Are Now Only 5 Major Metros Where a Typical Luxury Home Costs Less Than $1 Million

Redfin reports Detroit is the most affordable metro for luxury homes, with a median price of $719,252—47.7% less than the typical luxury home nationwide, $1,374,470 The typical luxury home costs less than $1 million in five of the top 49 most populous metros, down...

Redfin Reports Monthly Payments Tick Up For First Time in 8 Months As Home Prices Hit Record High

Pending home sales increased 0.4% week over week The median U.S. housing payment posted its first year-over-year increase since October during the four weeks ending June 28 as home prices and mortgage rates rose. That’s according to a new report from Redfin, the real...

TrustPoint AI Names Construction Lending Veteran Tres Seippel as Chief Innovation Officer

The construction lending executive joins TrustPoint AI to drive the roadmap for AI and proprietary data models. TrustPoint AI, the innovation leader in asset and portfolio management (APM) technology for construction, renovation, bridge, and land development lending,...

After Years of Waiting, Buyers Are Getting Their Summer: Realtor.com® June Housing Report

List Prices Drop 2.5%, the Steepest Decline Since 2017, According to Realtor.com Data; Pending Sales Just Hit a Seven-Month Growth Streak Asking prices fell 2.5% year over year in June, the steepest annual decline in Realtor.com® data since 2017, and the eighth...

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