2021 – Page 4 – REI INK

Number of Homes for Sale Dwindling Again with Little Relief in Sight

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Supply Shortage to Persist Well into H1 2022, as Contract Volume Is Significantly Outpacing Net New Listings November Median Closed Price of All Single-Family Listings Saw 14.6% Increase Year-Over-Year Homes Under $200K Remain Elusive While Net New Listing Activity Above $600K Has Risen More than 40% Annually U.S. housing supply is dwindling once again as homes continue to fly off the market at record prices, bucking the trend that typically

Word of the Day: Risible

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[RIZ-ə-bəl] Part of speech: Adjective Origin: Latin, 16th century 1. Causing laughter 2. Pertaining to laughter About Risible Risible is a funny word. It’s an adjective used to describe anything related to laughing. It could be something funny that causes laughter; it could be a person who is prone to laughing; it could describe something related to laughter. It’s all fun and games. Did you Know? The word risible comes from the Latin

VERO Announces New Prequalification Offering, Saving Time And Preventing Fraud

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VERO Vett Grants Transparency, Time Savings, and Fraud Elimination VERO, the modern leasing platform for owners and renters, announced the addition of VERO Vett, a new prequalification offering, to its leasing platform. Providing verifications in seconds instead of days, VERO Vett is the industry’s most cutting edge solution, designed specifically to prevent fraud across identity, income, and employment – all before processing a leasing application. As a result, property managers save time

Word of the day: MILQUETOAST

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Noun/Adjective: MILK-tohst Definitions in regard to a person: timid, meek, or unassertive (noun) Do we really want someone who is a milquetoast to be in charge of our sales department or someone who will aggressively go after new business with every fiber of their being? lacking in character or vigor (adjective) While explaining why he did not meet the sales quota, the sales manager offered a most milquetoast excuse. ORIGINS: Why is it milquetoast, and not milk

Toorak Capital Partners Appoints Two Industry Veterans to Board of Directors

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Kevin Chavers and Francis Byrne Bring Decades of Mortgage Industry Experience to the Company as it Continues Strong Growth and Plans for Next Securitization Toorak Capital Partners, Inc. (“Toorak”), a leading capital provider to real estate lenders, announced the appointment of Kevin Chavers and Francis Byrne to the company’s Board of Directors. “I am thrilled to welcome such experienced mortgage finance executives to the Toorak team as we continue our remarkable

TurboTenant Releases Free Rent Reporting Feature Under New CEO

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TurboTenant’s Rent Reporting enables renters to report on-time rent payments to TransUnion free of charge in order to build their credit history and strengthen their credit scores. TurboTenant, the industry-leading online platform for landlords and renters, released its Rent Reporting feature under its new CEO. “We believe it’s a tenant’s right to build their credit with each on-time rent payment, which is why we offer Rent Reporting for free,” said Seamus Nally, TurboTenant’s