Homebuying is as competitive and costly as ever as soaring mortgage rates make the market less inviting for many would-be sellers The share of home sellers who dropped their asking price shot up to a six-month-high of 15% for the four weeks ending May 1, according to a new report from...
Month: May 2022

WORD OF THE DAY: Quiddity
[KWID-ə-dee] Part of speech: Noun Origin: Latin, 14th century Definitions: The inherent nature or essence of someone or something; a distinctive feature; a peculiarity. Examples of Quiddity in a sentence "Her love of singing is as much a quiddity as her brown hair is." "Many...
ATTOM Unveils New Data Product for Reliable Rental Market Data
ATTOM’s new Rental AVM (Automated Valuation Model) delivers automated rental estimates, arming real estate professionals with reliable values to make better decisions ATTOM, a leading curator of real estate data nationwide for land and property data, is pleased to announce it has added...
Second Avenue Names New COO, Strategic Advisors
Innovative Single-Family Rental (SFR) Investment Platform Brings in Trio of Industry Veterans Second Avenue Group ('Second Avenue'), a full-service, institutional quality single-family rental platform ("SFR"), announced that three visionary SFR industry executives have joined the company in...

WORD OF THE DAY: Snuggery
[snə-ɡə-ree] Part of speech: Noun Origin: British English, early 19th century Definitions: A cozy or comfortable place, especially someone's private room or den; another term for snug, a small, comfortable public room in a pub or inn. Examples of Snuggery in a sentence "The...
Home Sales, Seller Profits Dip Across U.S. in First Quarter of 2022 As Price Increases Slow
Returns Drop for First Time in Over Two Years and Decline at Fastest Pace in 10 Years; Median U.S. Home Price Up Just 2 Percent Quarterly, to New High of $320,500 ATTOM, a leading curator of real estate data nationwide for land and property data, released its first-quarter 2022 U.S....

Justin Parker
“Getting Into the Weeds” to Achieve Success Where did you attend college and what did you study? I got my undergraduate degree at Clemson University majoring in finance and accounting. Then, I received my MBA with a focus on management and leadership at Queens University at the McColl School of...

Stockbroker to Real Estate
The Key to Success is Mentorship Carl Bassett is a very proud “military brat” who has moved more times than he can remember. His father is a Vietnam veteran, and his grandfather was Brigadier General Roundy, who was the Commanding General of Fort Rucker, Alabama during the Vietnam war. While...

SFR Marketing Plan
Study Shows One Marketing Tweak Results in 39% Reduction in Days on Market By Kori Covrigaru You can reduce a property’s time on the market by 39% by making one minor change to your single-family rental (SFR) listings: add 3D tours. Is there a return on investment when using 3D tours rather than...