REI INK

Austin, Atlanta & Tampa Are Attracting Homebuyers From More Expensive Cities, Contributing to a Housing Supply Crunch

  • by
  • Comment Off
  • 317 views

Nationwide, 27.8% of Redfin.com users looked to move to another metro area in 2020, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That’s up from 25.5% in 2019, a 9% year-over-year increase. The increase is driven by people leaving expensive coastal areas for relatively affordable places. The uptick in migration is exacerbating the severe shortage of homes for sale in 2021. In December, supply was down a

Read More

CIVIC FINANCIAL SERVICES ANNOUNCES ACQUISITION BY PACWEST BANCORP

  • by
  • Comment Off
  • 729 views

Civic Financial Services, LLC (“CIVIC”) announced today that Pacific Western Bank has purchased the company from Wedgewood, LLC (“Wedgewood”). Based in Redondo Beach, Calif., CIVIC is one of the leading institutional private lenders in the U.S. specializing in originating residential business-purpose loans (BPLs). Terms of the agreement were not disclosed. CIVIC was founded in 2014 through a partnership between Wedgewood and one of its subsidiaries, HMC Assets, to serve investors

Read More

Target Auction Company Announces Online Auction Sale of 15 South Florida Residential Rental Properties

  • by
  • Comment Off
  • 384 views

Target Auction Company is offering 15 residential rental properties in Southeast Florida at online auction. The properties are located within the cities of Pompano Beach, Ft. Lauderdale, Hollywood, Miami Gardens, Opa Locka, Miami, and Homestead, Florida. Online bidding will begin Thursday, Feb. 18 and concludes Thursday, Feb 25 at 10 a.m. EST. Technology has changed the way investors and home buyers purchase real estate. Bidding and buying online is now as simple as the click of a button. Online auction marketing is the safest and

Read More

ATTOM Becomes Fast-Growing Data Licensing Company With CEO Rob Barber At The Helm

  • by
  • Comment Off
  • 429 views

As the real estate industry continues to digitize, ATTOM continues to grow rapidly by providing a broad spectrum of businesses the data needed to enable digital products. Once an investor focused subscription business, ATTOM has evolved into the country’s leading data licensing platform and expanded at a remarkable speed. At the helm is Rob Barber, ATTOM’s CEO since 2015, who was recently named to the SP 200 (Swanepoel Power 200) for 2021, recognized as the

Read More

How Home Service Plans Can Help Protect Your Investment

The Importance of Implementing A Risk Management Plan By: Brett Worthington In the world of real estate investing, finding the right property at the right time is just the tip of the iceberg when it comes to building and protecting your portfolio. Successful investors understand the importance of implementing an effective risk management plan along with strategies focused on value appreciation, expense management, occupancy and many other critical functions. For

Read More

Investor Profile

  • by
  • Comment Off
  • 1,294 views

Almas and Asif (AJ) Jadavji THE ENTREPRENURIAL SPIRIT Prior to becoming independent HomeVestors® business owners, Almas and Asif (AJ) Jadavji already possessed the two main ingredients for success: THE ENTREPRENURIAL SPIRIT and WORK ETHIC. While still living in Canada (they both have dual citizenship), Almas worked as an Accountant and later as an IT Director. However, both Almas and AJ came from entrepreneurial families and knew that eventually they would

Read More