REI INK

REI INK and RCN CAPITAL LAUNCH PODCAST SERIES

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REI INK Magazine, a business publication for real estate investors, and RCN Capital, a leading nationwide private lender specializing in financing for real estate investors, have announced the official launch of their collaborative podcast, Uncontested Investing, with the first episode airing on Tuesday, June 21st, 2022. The Uncontested Investing Podcast, presented by REI INK and sponsored by RCN Capital, will be hosted by RCN’s Executive Director, Tim Herriage and feature

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WORD OF THE DAY: Monopsony

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[mə-NAHP-sə-nee] Part of speech: noun Origin: Greek, 1930s Definition: (Economics) A market situation in which there is only one buyer. Examples of Monopsony in a sentence “The conglomerate used questionable tactics to create this monopsony.” “Is Amazon a monopsony in the goods market?” About Monopsony This word stems from the Greek suffix “mono-” meaning “one” and the Greek “opsōnein,” meaning “buy provisions.” Did you Know? “Monopsony” can be easily mistaken with “monopoly,” but they have

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Elevated Inflation, Higher Interest Rates Expected to Take Toll on Consumer Spending

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Housing Predicted to Drag on Growth Through 2023 as Financial Conditions Tighten The compounding effects of elevated inflation and higher interest rates are expected to further weigh on economic growth and home sales as the year progresses, with full-year 2022 growth now forecast at a slightly reduced 1.2 percent and expectations of a late-2023 modest economic contraction unchanged, according to the June 2022 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research

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WORD OF THE DAY: Soigné

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[swan-YAY] Part of speech: adjective Origin: French, 19th century Definition: Dressed very elegantly; well groomed. Examples of Soigné in a sentence “Matthew was tall, handsome, and soigné when he met Lucy for their date.” “Looking at the photographs of his grandparents, Joe was surprised at how soigné they were.” About Soigné “Soigné” is the past participle of the French verb “soigner,” meaning “to take care of.” In turn, “soigner” comes from the French word “soin,”

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U.S. Foreclosure Activity Increases Slightly in May 2022

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Foreclosure Starts Decrease 1 Percent from Last Month, While Completed Foreclosures Increase 1 Percent ATTOM, a leading curator of real estate data nationwide for land and property data, released its May 2022 U.S. Foreclosure Market Report, which shows there were a total of 30,881 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 1 percent from a month ago but up 185 percent from a year ago. Illinois, New

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Hippo 2022 Homeowner Preparedness Report

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Inflation and Supply Chain Shortages May Be Holding Homeowners Back From Critical Home Maintenance Hippo, the home insurance group focused on proactive protection, announced findings from its 2022 Homeowner Preparedness Report, revealing the effect of today’s economic climate on homeowners as they deal with the responsibilities that come with owning a home. According to the national survey of nearly 2,000 U.S. homeowners and renters, owning a home is still a

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