Lanthorn.ai and Uptimo are partnering up to streamline residential property management Lanthorn.ai, a Video Analytics Company, and Uptimo, a Real Estate Management Company, announced a collaboration agreement to bring AI solutions into property management. Property management is an essential...
Month: April 2021
Urban Single-Family Homes Are Seeing the Fastest Price Growth as Buyers Return to City But Still Crave Space
- As vaccines roll out, prices of spacious city dwellings are rising 20% - The pandemic-driven bump in rural properties has peaked - Urban condos are making a comeback with sales up nearly 30% year over year Prices of urban single-family homes are rising nearly 20% year over year—faster than any...
Atlas Real Estate and DivcoWest Form $1 Billion Joint Venture to Acquire and Renovate Single-Family Rental (SFR) Homes
The JV will acquire, renovate, and manage single-family rental (SFR) homes, marking DivcoWest's entrance into the SFR investment market Atlas Real Estate, a full-service real estate company specializing in investment brokerage, property management and institutional acquisition, announced that it...
Median Texas home price up 13.4% during first quarter of 2021
Texas Realtors releases 2021-Q1 edition of the Texas Quarterly Housing Report The median sales price of homes in Texas reached $274,300 in the first quarter this year, an increase of 13.4% over the same period last year, according to the 2021-Q1 Texas Quarterly Housing...
Housing Supply Shortage Intensifies, Driving Prices Up 18%
Homes sell at their fastest pace on record with nearly half off-market within one week The median home-sale price increased 18% year over year to $344,625—an all-time high—according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Below are...
East Coast and Chicago Area Face Biggest Hurdles in Housing-Related Risks Connected to Coronavirus Pandemic Impact
ATTOM Data Solutions, curator of the nation’s premier property database, released its first-quarter 2021 Special Coronavirus Report spotlighting county-level housing markets around the United States that are more or less vulnerable to the impact of the Coronavirus pandemic that continues to...
Big Budgets From Out-of-Town Homebuyers Are Edging Out Locals in Popular Destinations Like Phoenix & Las Vegas
Nationwide, 31.5% of Redfin.com users looked to move to a different metro area in the first quarter, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. This is up from 30.3% in the fourth quarter of 2020 and 26% a year earlier, and the...
Jennifer McGuinness of Mortgage Venture Partners and Fay Financial have come together to Launch Invigorate Finance
Invigorate Finance is a closed loan mortgage conduit aggregator that specializes in the creation of new and improved lending programs and the aggregation of these residential and business purpose loans. Invigorate Finance is offering solutions to lenders not found in the industry...
Rapid Acceleration in Economic Growth Expected as Social Restrictions Ease
Ongoing Supply-Demand Imbalance Shaping Housing Forecast as Mortgage Rates and Home Prices Tick Up Full-year 2021 real GDP growth expectations improved to 6.8 percent, including 9.1 percent annualized growth in the second quarter, due primarily to the continued easing of virus-related social...