February 2022 – Page 4

HiLine Homes Offers Solutions to Building an ADU on Your Property

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Accessory Dwelling Units (ADUs) continue to be a popular option for homeowners who want to tap into rental income, have a safe space for aging parents, or expand the livability of their property. ADUs were traditionally restricted to city and county properties within urban growth boundaries or rural farms for farmworkers. However, with new laws, property owners’ rights are expanded, and the opportunity to build an ADU on your property

RISMedia Announces 2022 Real Estate Newsmakers

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RISMedia, the leading information and news provider for the residential real estate industry, has announced its 2022 list of Real Estate Newsmakers. This year’s honorees are a dynamic group of individuals who experienced a truly unique set of circumstances in 2021. Through it all, this year’s honorees stood out for making news for their positive contributions to the consumers and communities they serve. RISMedia’s 2022 Real Estate Newsmakers include over

More than a third of recent movers say it’s harder to find a house than a spouse

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New Zillow survey finds most Americans enjoy home shopping more than dating – More than 60% of women prefer home shopping to dating. – Most people say they have more deal breakers and longer wish lists for a romantic partner than for a home. – Nearly 3 in 4 Americans believe they could fall in love at first sight with a home. Love is in the air this Valentine’s Day,

Bridge Investment Group Closes Gorelick Brothers Capital Transaction

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Bridge Investment Group Holdings Inc. (“Bridge”) (NYSE: BRDG) announced that the previously disclosed transaction to acquire certain assets of Charlotte, North Carolina based Gorelick Brothers Capital, LLC (“GBC”), including a portfolio of single-family rental (“SFR”) homes owned by GBC-managed vehicles and a majority of GBC’s asset and property management business, has closed. In connection with the transactions, Bridge acquired 60% of GBC’s business, valued at $50 million. Bridge has funded

Word of the Day: Prescient

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[PRESH-ənt] Part of speech: Adjective Origin: Latin, early 17th century Definition: Having or showing knowledge of events before they take place Examples of Prescient in a sentence “The psychic gave a prescient warning of things to come.” “No one understood how prescient the press statement was until a few days later.” About Prescient This word comes from the Latin “praescient-,” meaning “knowing beforehand.” This stems from the verb “praescire” — “prae” meaning “before” and “scire”

U.S. Foreclosure Activity Drops

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Foreclosure Starts and Completions Hit New Record Lows Nationwide ATTOM, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac, the largest online marketplace for foreclosure and distressed properties, released its Year-End 2021 U.S. Foreclosure Market Report, which shows foreclosure filings— default notices, scheduled auctions and bank repossessions — were reported on 151,153 U.S. properties in 2021, down 29% from 2020 and down 95% from a peak of