- Nationally, investors took more inventory off the market than they contributed in April; their purchases represented 5.7% of all home sales - Among the 50 largest U.S. metros, investors made the biggest contributions to inventory levels in: Atlanta, Dallas, Baltimore, Los Angeles and San...
Month: July 2021
Mr. Cooper Group Announces Two Executive Appointments
Executive Team Expanded to Drive Portfolio Growth and Customer Experience Enhancements Mr. Cooper Group Inc. (NASDAQ: COOP) announced two additions to the executive leadership team as the company focuses on becoming the largest home loan company in the country, with a customer-centric culture...
RentSpree Raises $8 Million in Series A Funding to Enhance Collaboration Between Renters, Agents, and Owners
Funding validates recent progress and significant market opportunity, enabling RentSpree to create the first platform allowing multiple parties to cooperate on a rental transaction. RentSpree raises $8 million in Series A funding.The funding round was led by 645 Ventures and additional investors...
Illinois, Florida and New Jersey Dominate Markets Most at Risk from Damage Related to Coronavirus Pandemic
Chicago Area and East Coast States Remain More Exposed to Pandemic’s Impact During Second Quarter of 2021; Most Vulnerable Areas Are More Scattered Around Nation Than in Prior Quarter; Western States Continue to Have Most Favorable Market Conditions ATTOM, curator of the nation’s premier...
U.S. Properties with Foreclosure Filings in First Six Months of 2021 Hit All-Time Low of 65,082
Foreclosure Rates Highest in Delaware, Illinois, and Florida; Only 5 Greater Populated Metros Saw an Annual Increase in Foreclosure Filings; Q2 Foreclosure Activity Below Pre-Recession Levels in 92 Percent of Metros ATTOM, licensor of the nation’s most comprehensive foreclosure data and...
Realtor.com® June Rental Report: Rents Surge to New Highs Nationwide
The U.S. median rental price increased 8.1% year-over-year to a median of $1,575 - Rental prices reach new highs in 44 of the largest 50 markets, with Riverside, CA, Memphis, TN, Tampa and Phoenix posting year-over-year gains above 20% - Studio, one-bedroom and two-bedroom rents all increased over...
Turning the Corner in April: CoreLogic Reports First Annual Decrease in US Overall Delinquency Rate Since March 2020
All stages of delinquency except for the serious delinquency rate improved over the prior year, signaling improved financial health for borrowers CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released its monthly Loan Performance...
LendingHome Hires New CFO and CMO to Help Drive Continued Growth
New additions bring an abundance of knowledge and expertise from the areas of finance, technology and real estate.Bruce Schuman, formerly with Intel Capital, takes over as LendingHome’s chief financial officer. Cherie Yu, formerly with Lyft and Google, is named chief marketing officer.Roberta...
RCN Capital Celebrates Grand Opening of Office in North Carolina
Event Signals Company’s Continued Expansion & Growth in the Private Lending Industry RCN Capital, a leading nationwide private lender specializing in providing financing for real estate investors, officially announced the opening of a new office in Charlotte, North Carolina to accommodate the...