REI INK

HOMEOWNERSHIP STILL UNAFFORDABLE ACROSS MOST OF U.S. BUT DECLINING HOME PRICES MAY PROVIDE RELIEF FOR HOMEBUYERS

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Major Home-Ownership Costs Require 30 Percent of Average National Wage in Third Quarter of 2022; But Portion of Wages Needed for Home Ownership Dips as Home Prices Decrease Quarterly, to $340,000; Historic Affordability Remains Worse Than Average Almost Everywhere Across Nation ATTOM, a leading curator of real estate data nationwide for land and property data, released its third-quarter 2022 U.S. Home Affordability Report showing that median-priced single-family homes and condos remain less affordable in the

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Fannie Mae Announces Priscilla Almodovar as Chief Executive Officer

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Financial services veteran brings more than 30 years of finance, real estate, and community development expertise and a strong commitment to affordable housing. Fannie Mae announced that it has appointed Priscilla Almodovar as Chief Executive Officer (CEO) and member of the Board of Directors, effective December 5, 2022. Almodovar will succeed David C. Benson, who has served as Interim CEO and a member of the Board of Directors since May 2022. After her arrival, Benson

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Home Flipping Dips Across U.S.

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Raw Profits on Home Flips Jump to New High By ATTOM Staff ATTOM, a leading curator of real estate data nationwide for land and property data, released its second-quarter 2022 U.S. Home Flipping Report showing that 115,198 single-family houses and condominiums in the United States were flipped in the second quarter. Those transactions represented 8.2% of all home sales in the second quarter of 2022, or one in 12 transactions.

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Breaking the Status Quo

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From Dreams of Baseball to Leaving the Insurance Industry Better Than He Found It Shawn Woedl’s journey to becoming the President and CEO of National Real Estate Insurance Group (NREIG) has been guided by one saying by Rear Admiral Grace Hopper: “The most dangerous phrase in the language is, ‘We’ve always done it this way.’” Woedl took this same approach when entering the insurance industry many years ago. NREIG provides

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Business Analyst to Business Owner

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Finding a New Passion and Success in Real Estate Adom Rosengarten enjoyed a lucrative career as a corporate executive in the world of finance before becoming a HomeVestors® of America, Inc. independent business owner in March 2018. Armed with an undergraduate degree in Math and Economics from the State University of New York–Geneseo in 1999, Rosengarten began his career working in consulting before attending the University of North Carolina–Chapel Hill

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Seven Rental Features to Reduce Vacancies

Create an Experience Your Tenants will Love By Kori Covrigaru Highlights •          SFR tenants stay over double the amount of time that multi-family renters stay. •          3D tours and digital leasing processes remove the friction of finding a new rental home. •          Properties with family-friendly features like good school districts and pet amenities have more appeal. Single-family rentals (SFR) have less turnover and more demand than multi-family homes. SFR tenants

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