Long Holiday Weekend Drives Up May's Overall Delinquency Rate - The national delinquency rate rose to 4.73% from 4.66% in April, driven largely by the three-day Memorial Day weekend foreshortening available payment windows - Similar occurrences are rare; the last time was in May 2004, at which...
Year: 2021
Redfin Reports Homebuying Demand Lets Up a Bit as Prices Soar
Redfin's Homebuyer Demand Index was down 14% from its peak 9 weeks ago, and pending sales have declined 10% from their early May peak Fierce competition continues to drive home prices up, but home tours, offers and pending sales have slowed, according to a new report from Redfin...
Arrived Homes Announces $37 Million in Seed Funding and Debt Financing
Arrived is the first and only company with SEC qualified offerings allowing anyone to buy shares in individual rental homes Arrived Homes ("Arrived"), the ground-breaking real estate investing platform that makes ownership of rental properties a possibility for everyone, announced that...
Civic Financial Services Surpasses $5 Billion in Loan Originations
Private money lender hits industry milestone at record pace for business purpose loan space Civic Financial Services, a leading institutional private money lender, announced that it has surpassed $5 billion in loan originations and 12,000 funded loans since the company was founded six years ago....
Experts Say Zoning Changes Are Most Effective Path to Boost Housing Supply for a More-Balanced Market
A Zillow survey of economists and other real estate experts finds high costs are expected to slow construction and may lower homeownership among today's 30-somethings. - The expert panel's prediction for home price growth is the most optimistic ever in the quarterly survey that dates back to 2010....
RealtyTrac Enhances Online Offerings and Resources for Real Estate Investors and Agents
New Web Platform Houses the Industry’s Largest Database RealtyTrac, the largest online marketplace for foreclosure and distressed properties and an ATTOM Data Solutions company, announced a significant enhancement of its data offerings and resources – available on realtytrac.com – to help...
ATTOM Unveils Innovative Cloud-Based Platform Offering Instant and Direct Access to Its Data
Simplify Data Management, Improve Data Quality and Drive Business Value with ATTOM Cloud; Start with a 30-day FREE Trial ATTOM, curator of the nation’s premier property database, announced the launch of ATTOM Cloud, a new cloud-based platform that provides immediate access to high-quality curated...
Dwellsy Announces 2021 List of Top Cities for Renters
A new resource from Dwellsy highlights the cities that best suit renters' needs Dwellsy published its 2021 ranking of best cities in America for renters. Taking into consideration a number of factors such as rent prices, availability, employment, schools and health we ranked over 350 metropolitan...
Fannie Mae Extends Protections for Renters Affected by COVID-19
Multifamily Borrowers Now Eligible for Forbearance through September 30, 2021 To continue to support renters in multifamily units and Fannie Mae-financed multifamily property owners experiencing financial difficulties as COVID-19 persists, Fannie Mae (OTCQB: FNMA) announced the extension of...