REI INK

Economy Resumes Gradual Slowdown Following Bank Turmoil

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Mortgage Demand and Home Prices Prove Resilient; Sales Expected to Decline Further Due primarily to an upward revision in recent consumer spending data, Fannie Mae’s (OTCQB: FNMA) Economic and Strategic Research (ESR) Group now forecasts stronger first quarter GDP growth but maintains its belief that economic momentum is running out of steam, according to the ESR Group’s latest monthly commentary. While the acute panic following the bank failures in March appears to have

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Finding the Perfect Solution for a Particular Segment

Dallas Tanner is an experienced investor and property manager who started with Treehouse Communities and now heads Invitation Homes. Discover the importance of location, product segment, and capital structure when investing in residential real estate, as well as the shifting demographic effect on homeownership and the rise of build-to-rent communities with tailored amenities. Learn about the challenges faced by millennials in finding affordable housing and the increasing desire for choice

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John Burns Real Estate Consulting Announces Name Change to John Burns Research and Consulting and Launches New Website

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John Burns Real Estate Consulting, a leading provider of research and consulting services for the US housing industry, recently announced a strategic rebranding initiative, including a name change to John Burns Research and Consulting and the launch of its newly designed website, www.jbrec.com. The rebranding initiative reflects the company’s continued evolution and expansion into new areas of expertise beyond real estate. The new name, John Burns Research and Consulting, better communicates

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U.S. FORECLOSURE ACTIVITY CONTINUES TO CLIMB IN Q1 2023

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Foreclosure Starts See an Annual Increase of 29 Percent;Bank Repossessions at Highest Level in Three Years ATTOM, a leading curator of land, property, and real estate data, released its Q1 2023 U.S. Foreclosure Market Report, which shows a total of 95,712 U.S. properties with a foreclosure filings during the first quarter of 2023, up 6 percent from the previous quarter and up 22 percent from a year ago. The report also shows a

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PropStream Announces New CEO: Brian Tepfer

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PropStream, the leading real estate data provider, is pleased to announce that industry veteran Brian Tepfer, former Executive Vice President and CTO of Rapattoni Corporation (Rapattoni), has been appointed as the new CEO of PropStream. At Rapattoni, Brian started as a Technical Operations and Business Processes Manager. By showing exceptional leadership qualities, he quickly advanced to Executive Vice President and CTO, a role he held for over eight years. While

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Rents Post First Annual Decline in Three Years

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The median asking rent fell 0.4% in March to the lowest level in 13 months. Austin and Chicago saw the largest declines, while Raleigh and Cleveland experienced the biggest gains. The median U.S. asking rent fell 0.4% year over year to $1,937 in March—the first annual decline since March 2020 and the lowest median asking rent in 13 months, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

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