State of the Market The single-family rental (SFR) sector went into the pandemic atop a healthy wave of momentum. Since the onset of the pandemic, domestic migration patterns and shifts in housing demand have unilaterally added fuel to the SFR fire. The millennial cohort’s maturation, coupled with...
Renters, much like homeowners, are favoring smaller more affordable markets that offer highly rated schools, strong local economies and more space over expensive tech hubs, a trend that is pushing rents up in many of the same markets where home prices are rising the most, according to...
The U.S. economy is expected to grow 6.7 percent in 2021, an improvement not only from last year's 2.5 percent contraction but up, too, compared to last month's forecast of 5.3 percent, according to the February 2021 commentary from the Fannie Mae Economic and Strategic Research...
Gryphon USA president Richard Kruse said the Biden administration’s move this week to extend the 12-month moratorium on home mortgage foreclosures through June 30 undermines the vitality of the nation’s housing market as health and economic conditions that prompted the federal policy begin to...
A new analysis released today from RealtyTrac shows that single-family rental property owners in 48% of all U.S. counties are at above average risk for default. The RealtyTrac Rental Property Risk Report gauges the relative default risk of single-family rental homes, almost 90% of which are owned...
Pay Ready Inc., (formerly Debt Logic) a cloud based software where clients can manage and track everything debt related in one place, has proven to benefit companies in the multi housing sector. Knowing that there are major gaps in communication, technology, and trust from the time a file is...
NetSheet™, a company which provides brokerages and their agents with the ability to generate accurate buyer and seller estimates through a seamless integration with their preferred title companies right on their real estate websites, announced its strategic partnership launch with EXIT Realty...
Nationwide, 27.8% of Redfin.com users looked to move to another metro area in 2020, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That's up from 25.5% in 2019, a 9% year-over-year increase. The increase is driven by people leaving...
Civic Financial Services, LLC (“CIVIC”) announced today that Pacific Western Bank has purchased the company from Wedgewood, LLC (“Wedgewood”). Based in Redondo Beach, Calif., CIVIC is one of the leading institutional private lenders in the U.S. specializing in originating residential...
