REI INK
UNIN 27 | Real Estate Investment

MAKE YOUR MONEY WORK FOR YOU: THE POWER OF COMPOUNDING

Charlie Calise of Calise Partners and Imaginuity has decades of experience in data, analytics, and advertising and he’s on Uncontested Investing to talk about real estate investing, marketing and advertising, the economy, and so much more. Listen now to learn more about Charlie, his journey in business, and what he has learned through his years as a marketing and advertising expert and real estate investor! Quotables “What we’re in is

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Redfin Reports Luxury-Home Sales Sink 38%, the Biggest Decline on Record

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Sales of luxury U.S. homes fell 38.1% year over year during the three months ending Nov. 30, 2022, the biggest decline on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That outpaced the record 31.4% decline in sales of non-luxury homes. Redfin’s data goes back to 2012. The luxury market and the overall housing market have lost momentum this year due to many of the same

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Clayton® & Next Step® Unveil White Paper That Shows Off-Site Built Homes Appreciate as Well as Site-Built Homes

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Clayton, a national builder of attainable housing, and Next Step, a national nonprofit housing organization, have released an educational white paper highlighting the wealth-building benefits of off-site built housing: Off-Site Built Homes Proven To Appreciate In Value – Providing Equity Building Opportunities & Reshaping Today’s Housing Market. As home buyers navigate a market with low affordable housing inventory, off-site built housing continues to represent a smart and attainable homeownership solution. Off-site built

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BLACK KNIGHT’S FIRST LOOK: PREPAYMENTS HIT THIRD CONSECUTIVE RECORD LOW IN NOVEMBER

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Black Knight, Inc. reports the following “first look” at November 2022 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 3.01%Month-over-month change: 3.46%Year-over-year change: -16.18% Total U.S. foreclosure pre-sale inventory rate: 0.37%Month-over-month change: 5.29%Year-over-year change: 46.60% Total U.S. foreclosure starts: 23,400Month-over-month change: 19.39%Year-over-year change: 532.43% Monthly prepayment rate (SMM):

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All of the 60 Largest Metros Experience Declines in Home Prices as Longest Boom Ends

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The Nation’s longest home price boom has ended after a run-up lasting 10½ years. Nationally, prices have declined 3.1% from the peak in June, according to data from the American Enterprise Institute’s (AEI) Housing Center. While all 60 largest metros have begun experiencing year-on-year price declines, San Jose, Seattle, and San Francisco have led the way with declines of 15.5%, 13.4%, and 12.7% from their respective peaks. November’s Year-on-Year HPA was 6.7%, down from

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Redfin Reports Share of Homes Bought with All Cash Hits Highest Level Since 2014

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FHA loans are also making a comeback as a slowdown in homebuyer competition makes winning a home easier for bidders with lower down payments Roughly one-third (31.9%) of U.S. home purchases were paid for with all cash in October, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That’s up from 29.9% a year earlier and the highest share since 2014. The share of home purchases using all

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