REI INK

HOMEOWNER EQUITY KEEPS GROWING ACROSS U.S. IN THIRD QUARTER DESPITE HOUSING MARKET SLOWDOWN

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Small Equity Gain Results in Nearly Half of U.S. Mortgaged Homes Now Considered Equity-Rich; Seriously Underwater Portion of Mortgages Stays Just Below 3 Percent; Seventeen Times as Many Mortgages are Equity Rich versus Seriously Underwater ATTOM, a leading curator of real estate data nationwide for land and property data, released its third-quarter 2022 U.S. Home Equity & Underwater Report, which shows that 48.5 percent of mortgaged residential properties in the United States were considered equity-rich

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Redfin Reports Demand Declines Ease as Mortgage Rates Steady Around 7%

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A few measures of homebuying demand stabilized in the last week of October, a month that saw one-third fewer pending sales than a year earlier One-third fewer homes went under contract in October than last year, the largest decline since at least 2015, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Several pandemic boomtowns including Las Vegas, Miami and Phoenix posted declines of around 50%. Nationwide, a

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ZOMBIE PROPERTY COUNT TICKS UPWARD AGAIN ACROSS U.S. IN FOURTH QUARTER BUT REMAINS TINY PORTION OF HOUSING MARKET

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Vacant Homes in Foreclosure Show Third Straight Quarterly Increase; Yet Zombie Properties Still Represent Just One of Every 13,000 Residential Properties Nationwide; Counts Continue Growing Since Lifting of Foreclosure Moratorium Last Year ATTOM, a leading curator of real estate data nationwide for land and property data, released its fourth-quarter 2022 Vacant Property and Zombie Foreclosure Report showing that 1.3 million (1,264,241) residential properties in the United States sit vacant. That figure represents 1.26 percent, or one

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98 of the 100 Largest U.S. Markets Saw Home Prices Decline in September From Their 2022 Peaks

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Knock Buyer-Seller Market Index shows that 15 markets saw home prices fall by 10% or more from their highs set this spring, pushing more markets into buyer-market territory The cooling trend that is engulfing the U.S. housing market is expected to continue with more markets seeing home prices decline by this time next year as the shift to a buyer’s market continues to take hold, according to the Knock Buyer-Seller Market Index .

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Brian and Dana hardy

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From Success in Marketing and Interior Design to Success in Real Estate As relatively new independent business owners with HomeVestors® of America, Inc., Brian and Dana Hardy have much to look forward to if their very first sales call is any indication of future success. The Hardy’s currently live in Fort Myers, Florida, but bought their HomeVestors franchise based on the recommendation of a friend in Oregon, while still living

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Create a Marketing System for Any Budget

Make the Best Use of Your Marketing Dollars to Create a Major Impact By Kori Covrigaru As the end of the year is coming to a close, your budget may be running low, or the looming recession might have your CFO reducing budgets for 2023. Now, you must decide how to get the most from every marketing dollar. When working with a reduced budget, utilize this four-pronged approach to marketing:

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