September 2021 – REI INK

Home Affordability Slips Again for Average Workers

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National Median Home Price Rises 18 Percent to Another New High ATTOM, curator of the nation’s premier property database, released its third-quarter 2021 U.S. Home Affordability Report, showing that median-priced single-family homes are less affordable in the third quarter compared to historical averages in 75 percent of counties across the nation with enough data to analyze. That is up from 56 percent of counties in the third quarter of 2020,

Fannie Mae Extends Multifamily Protections for Renters Indefinitely

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Multifamily Borrowers Remain Eligible for COVID-19-related Forbearance Fannie Mae (OTCQB: FNMA) announced its multifamily COVID-19 forbearance program has been extended indefinitely to provide continued support for Fannie Mae-financed multifamily property owners and renters in multifamily units experiencing financial difficulties due to COVID-19. The program, which requires landlords to suspend all evictions for renters unable to pay rent during the forbearance period, was formerly set to expire on September 30, 2021. “As financial

DoorLoop Raises $10 Million in Seed Round

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Property Management Technology Software Helps Landlords and Property Managers Oversee Their Rental Portfolio DoorLoop, an award-winning rental property management software company, announced it has raised $10 million in seed funding led by DoorLoop’s founders and private investors. The funding comes on the heels of the company’s recent growth and will be used for further investment in its technology platform, recruiting efforts and marketing initiatives. As one of the fastest-growing PropTech

As Housing Market Begins to Cool, Now Is the Time to Invest

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California’s Number One House-Flipping Company Accepting New Investors Higher returns, unmatched transparency and security, with an average company-wide ROI of 30% in just 201 days Belwood Investments (Belwood) recently issued a call for new investors, highlighting its streamlined investment programs for both accredited and non-accredited parties. Ensuring security, Belwood presents house-flipping opportunities that are rigorously pre-screened, offering average investors the chance to benefit from an already unprecedented and profitable housing market.

Radian’s Blockchain-Backed Title Insurance Offering Launches in Arizona, California, Nevada, Ohio and Pennsylvania

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Radian Group Inc. (NYSE: RDN) announced that its innovative title insurance and closing services offering, titlegenius, has launched in Arizona, California, Nevada, Ohio and Pennsylvania, following its initial debut in Florida. titlegenius platform provides a simple, transparent and secure way to order title insurance and closing services online, delivering value for both real estate agents and homebuyers.* At www.mytitlegenius.com, homebuyers can access the blockchain-enabled online portal that empowers them to shop

Realtor.com® August Rental Report: National Rent Growth Hits Double-Digits

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The U.S. median rental price increased 11.5% year-over-year in August to $1,607 per month – Two-bedroom (+12.3%) and one-bedroom (+11.6%) rents posted double-digit gains over last year; studio rents rise 8.3% year-over-year in August – Annual rent growth hits double-digits in 28 of the 50 largest U.S. metros, continuing to skyrocket in secondary metros like Tampa (+30.6%) and Riverside, Calif. (+28.6%) – Rents still lag behind historical peaks in just