Black Homeowners Earned $59,000 in Home Equity in 2020, Compared With $50,000 for White Homeowners

People who bought homes in primarily Black neighborhoods in 2019 gained a median $59,000 in home equity last year, compared with $50,000 for people who bought homes in primarily white neighborhoods, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Equity grew more for people who bought homes in primarily Asian and Hispanic neighborhoods—by $79,000 and $67,000, respectively. For the purposes of this report, a neighborhood is considered primarily one race or another if more

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REI INK and RCN Capital Announce the “A Year In Review” Virtual Venue Webinar

REI INK and RCN Capital would like to invite you to our “A Year In Review” virtual webinar. In 2020 we hosted multiple webinars covering a broad range of topics moderated by Jeff Tesch, the CEO of RCN Capital. Joining Jeff at each webinar were leaders in the real estate industry sharing their expertise on navigating the COVID crisis.  On March 15th, Jeff Tesch will be moderating three separate panels

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At a Glance – Debt, Deficits, Spending, Revenues

Each year, the Congressional Budget Office publishes a report presenting its projections of what federal debt, deficits, spending, and revenues would be for the next 30 years if current laws governing taxes and spending generally did not change. This report is the latest in the series. Deficits. At an estimated 10.3 percent of gross domestic product (GDP), the deficit in 2021 would be the second largest since 1945, exceeded only by the 14.9 percent

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Invitation Homes Announces Senior Level Promotions

Invitation Homes Inc. announced the promotion of John Gibson to executive vice president and chief investment officer, effective immediately. Mr. Gibson joined Invitation Homes in December 2016 as senior vice president, Asset Management. He was promoted to Executive Vice President, Portfolio Management, in March 2019. Prior to joining Invitation Homes, Mr. Gibson spent 21 years with Goldman Sachs and its subsidiary, Archon Group, with various positions in real estate asset

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Alex Seehaver and Don Cameron

Going From “Putting Your Toe in the Water” to National Recognition Being named the HomeVestors® National Franchise of the Year for the fifth time over the last ten years is no small feat. Yet that is exactly what happened to Donald Cameron and Alex Seehaver of Hi-Land Properties, an independently owned and operated HomeVestors franchise headquartered in West Palm Beach, Florida. Hi-Land Properties is one of more than 1,100 independently

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Leading the Way in the Leasing Lifestyle

Invitation Homes Continues to Leverage the Shift in American Thinking on Housing by Carole VanSickle Ellis Invitation Homes has an 80,000-home inventory spread across 16 U.S. markets, has been classified as an “all-weather” asset by market analysts at Seeking Alpha, and serves the increasingly large population of Americans who define “living life on their own terms,” in part, as participating in a leasing lifestyle. The company is weathering the COVID-19

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