Security Deposit Insurance Offered in Two Million Homes Rhino, the leading real estate technology company and pioneer of security deposit insurance, announced that their innovative solution is now offered in more than two million homes nationwide. In the process of reaching two million homes,...
Year: 2022
Local Logic Partners with Wahi to Provide Homebuyers and Realtors with Enhanced Neighborhood Data
Leading location intelligence provider brings data solutions to the digital real estate platform to empower users with added intelligence in the home buying and rental process Local Logic, a location intelligence provider that quantifies location at scale to shape smarter developments and more...
PURE Property Management Launches Institutional Management Division
PURE Institutional Management responds to the growing demand for dedicated services that reduce the complexities and costs of managing institutional portfolios PURE Property Management, the fastest growing residential property management and technology company in the U.S., announced the launch of...
Rapidly Rising Rates and Persistent Inflation Further Soften Economic Outlook
Housing Activity Expected to Slow Further as Affordability Worsens Persistent inflation, rising interest rates, and a slowdown of global economic growth are the primary contributing factors to updated expectations that full-year 2022 real GDP will grow at the reduced rate of 1.3 percent, 0.8...

WORD OF THE DAY: Abstruse
[əb-STROOS] Part of speech: Adjective Origin: Latin, late 16th century Definition: Difficult to understand; obscure. Examples of Abstruse in a sentence "The single was critically acclaimed despite its abstruse lyrics." "The movie’s ending was far too abstruse for the general...

WORD OF THE DAY: Palindrome
[pa-lən-ˌdrōm] Part of speech: noun Definitions: A word that reads the same when spelled forward and backward; a verse or sentence that can be reversed and spelled exactly the same Examples of Palindrome in a sentence ""Race car" is one of my favorite palindromes." "In addition to...
Redfin Reports Growth in Asking Rents Slows for the 1st Time in a Year
Rents rose 15% year over year in April, down from March’s 17% increase. Still, Austin, Portland and South Florida saw rents surge more than 30% The median monthly asking rent in the U.S. increased 15% year over year to a record high of $1,962 in April, according to a new report from...
Home Buyers May Find Less Competition Near City Centers for the First Time in Years
Suburbs are generally seeing home values grow more than urban areas, indicating more competition Suburban home values have been growing faster than those in urban areas since July 2021, a reversal from previous norms and from the first 15 months of the pandemic.With remote work now an option...

WORD OF THE DAY: Vicinal
[vi-sə-nəl] Part of speech: Adjective Origin: French, early 17th century Definitions: Adjacent, local; of or relating to a neighborhood or limited area Examples of Vicinal in a sentence "My dog's loud barking disturbed every vicinal household." "When I dine out, I stick to...