October 2021 – Page 4

Economic Growth Again Revised Downward Due to Supply Chain and Inflation Concerns

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Mortgage Rates Expected to Rise Slightly in 2022 as Fed Gradually Removes Monetary Accommodation Global supply constraints continue to cap economic output amid growing inflationary and consumer-spending concerns, according to the October 2021 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. For the third consecutive month, the ESR Group revised downward its full-year 2021 real gross domestic product (GDP) growth projections from 5.4 percent to 4.9 percent due to its

Sharestates Expands Sales Leadership and Commits to National Expansion to Capitalize on Investor Demand

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Sharestates, a leading real estate technology platform designed to support and accelerate the redevelopment of residential housing has expanded its sales leadership and dramatically expanded its sales team to capitalize on demand from its investors. Beginning this quarter, the recent sales hires will extend Sharestates regional presence in targeted high growth areas, and build on the firm’s origination capabilities, which have surpassed $3 billion in total volume. Billie Adams joined Sharestates as Vice President

Property Meld Expands its Relationship with HomeRiver Group to Cover More Than 27,000 Homes Under Management

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Property Meld announced that it has expanded its relationship with HomeRiver Group, the nation’s largest provider of third-party property management services for single-family and small multifamily properties, with over 27,000 properties under management in 28 states. “Deepening our relationship with HomeRiver Group is yet another splendid example of an industry that’s moving forward. We know that the renter experience is critical, but so is maximizing the NOI for HRG’s customers… and maintenance is one of

Single-family Rentals Drive all 2021 Rent Increases

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Dwellsy.com data shows Apartment rents down 2.3% nationwide To the surprise of many, the general rise in rental home prices is not actually reflective of the entire market. This year’s overall rent increases are coming solely from single-family rentals, while apartment home rental prices are actually decreasing. The price of apartments nationwide has actually decreased by 2.3% since January. According to Jonas Bordo, CEO & Co-Founder of Dwellsy, “Due to COVID19, renters want

Altisource Offers Cryptocurrency Holders a Game-Changing Way to Buy Real Estate

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Altisource Portfolio Solutions S.A. (NASDAQ: ASPS), an integrated service provider and marketplace for the real estate and mortgage industries, announced that homebuyers and real estate investors can buy properties marketed on Equator.com and Hubzu.com by converting cryptocurrency into dollars with ForumPay, a leading cryptocurrency payment and conversion service, that makes it easier for buyers to choose cryptocurrency as a source of funds to purchase real estate. Buyers who select Premium Title,

First Ever, A PropTech Franchise

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Through its automated data capture and delivery platforms, the first PropTech franchise emerges from a likely source, MooveGuru. For five years MooveGuru has been perfecting the consumer experience during their moving process, now the robust platform supports consumers throughout the homeownership lifecycle. Its latest endeavor, YourHomeHub, is the first consumer portal that is “Everything Home” – meaning it allows homeowners to manage both the financial details and physical elements of their home.