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Word of the Day: Sagacious

[sə-GEY-shus] Part of speech: Adjective Origin: Latin, early 17th century Definitions: Having or showing keen mental discernment and good judgementWise or shrewd Examples of Sagacious in a sentence "She could always rely on her mentor to provide sagacious feedback." "The op-ed...

Experts split on whether affordability woes or inventory gains will define 2022 housing market

Home price appreciation in suburbs expected to continue to outpace that in cities in 2022 - Housing experts are evenly divided on whether sales will rise or fall in 2022. - Bullish panelists point to expected inventory growth, while bears are concerned about worsening affordability. - The panel...

Shopoff Realty Investments Secures $47 Million Construction Loan and Breaks Ground on 131-Home Build-For-Rent Project in La Quinta, CA

Shopoff Realty Investments ("Shopoff"), a national manager of opportunistic and value-add real estate investments, announced that the company has secured a $47 million construction loan from CoreVest Finance for SolTerra, a 131 single-family-home, build-for-rent project located...

Softening HPSI May Portend Slower Housing Market in 2022

Affordability Expected to Be a Growing Challenge for Potential Homebuyers The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 0.5 points to 74.2 in December, as consumers continued to report substantially divergent views of homebuying and home-selling conditions. Overall,...

Housing Supply Shortage Likely to Persist Through Spring, New HouseCanary Report Suggests

Supply Remained Tight in December as Monthly New Listing Volume Fell 10.6% Year-Over-Year While Median Single-Family Listing Prices Shrunk 2.2%, Median Single-Family Contract Prices Rose for Third Consecutive Month HouseCanary Forecasts 10-12% Increase in Single-Family Detached Prices Over the...

Word of the Day: Telos

[TEL-ahs] Part of speech: noun Origin: Greek, 300 BCE Definition: An ultimate object or aim Examples of Telos in a sentence "Helen’s telos was to earn her Ph.D in chemistry." "At this early stage, the nonprofit doesn’t seem to have a telos." About Telos This word comes...

EVERNEST INCREASES FOOTPRINT THROUGH ACQUISITION OF LEGACY PROPERTY MANAGEMENT

Evernest, a full-service real estate and property management company, headquartered in Birmingham, Alabama, that specializes in the brokerage, renovation, maintenance, and management of single-family and small multifamily investment homes, announced that they have acquired Legacy Property...

WHERE AND WHY DID AMERICANS MOVE IN 2021?

The Pandemic Continued to Influence Americans' Decisions to Move as They Relocated to Lower-Density Areas and Desired to be Closer to Family United Van Lines released the company's 45th Annual National Movers Study which indicates Americans were on the move to lower-density...

Word of the Day: Rime

[riym] Part of speech: Noun Origin: Old English, 12th century Definitions: Frost formed on cold objects by the rapid freezing of water vapor in cloud or fog.(Literary) hoarfrost Examples of Rime in a sentence "The sunlight bounced off the rime on the grass." "The rime-covered trees looked majestic...