2021 – Page 3 – REI INK

Home Flipping Profit Margins Drop Again Across U.S. in Third Quarter of 2021 Even as Flipping Activity Keeps Rising

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Nationwide Home-Flipping Rate Rises for Second Straight Quarter; Raw Profits on Home Flips Also Increase to Near-Record Levels in Third Quarter; But Typical Profit Margins on Flips Decline Again, to Lowest Point in More Than 10 Years ATTOM, curator of the nation’s premier property database, released its third-quarter 2021 U.S. Home Flipping Report showing that 94,766 single-family houses and condominiums in the United States were flipped in the third quarter. Those transactions

Word of the Day: Trig

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Part of speech: adjective Origin: Middle English, 13th century Meaning: Neat and smart in appearance. Examples of Trig in a sentence “Sandra had a sharp, trig wardrobe that commanded respect.” “All the attendees at the conference were required to be kept trig.” About Trig This word comes from Middle English, meaning “trusty, nimble.” It is of Scandinavian origin and akin to the Old Norse “tryggr” and Old English “trēowe,” both meaning “faithful.” Did you Know?

ServiceLink Welcomes Four New Hires in Q4

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ServiceLink, a respected leader providing tech-enabled services for all phases of the home lending lifecycle, is pleased to welcome four new hires in the fourth quarter to its originations division. Each will be responsible for driving client growth strategy for originations products. Please read on for more information. Raeann Keyser joins ServiceLink as inside sales representative. Before ServiceLink, Keyser worked as a licensed real estate agent with Keyser Williams Realty,

Consumer Incomes, Employment to Support Growth in US Housing Starts

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High building costs to weigh on faster gains US housing starts are forecast to increase 1.0% per year in unit terms through 2025, according to Housing: United States, a report recently released by Freedonia Focus Reports. Builders will benefit from strengthening consumer finances and rising levels of employment, which will support demand for housing and new starts. Population growth and household creation will also support gains. Furthermore, increases in the number of

When Should You Use “Among” vs. “Amongst”?

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Two words, with two letters’ difference: “among” and “amongst.” But is there really a difference between them in meaning and usage? The short answer is, NO. Both “among” and “amongst” are prepositions used to describe something in the midst of, in the company of, surrounded by, or in association with. For example, “I know that contract is somewhere among this mess.” Or “Mary had one suitor in mind amongst the

Flatiron Realty Capital Commits $250M in Capital Deployment Toward Southeast Expansion in Q1 2022

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New York-based real estate private equity firm actively expanding South Florida origination footprint Flatiron Realty Capital, a tech-enabled real estate portfolio lender, announced the Company has allocated substantial capital toward business development efforts and Southeast geographic expansion initiatives in 2022. Rapidly spiking inflation and associated interest rate uncertainty has presented significant challenges for many mortgage originators. As a privately funded lender with institutional partnerships within the securitization markets and nontraditional