REI INK

Market firmly in sellers’ favor as rising demand meets low supply

  • by
  • Comment Off
  • 226 views

Sales are ramping up while sellers take another step back  The housing market has tilted firmly back in favor of sellers, as steady demand met scarce inventory to drive up home values, according to the latest market report from Zillow®.  “Buyers are back on the hunt for houses in what is typically the hottest time of year, thanks to a normal seasonal surge in demand around the end of the school year

Read More

B of A Finds Younger House-Hunters Undeterred by What Many Believe is a Seller’s Market

  • by
  • Comment Off
  • 238 views

Whether Bidding, Buying, or Just Looking, Homebuyers Show a Bias Toward Action Many hopeful homebuyers – especially those in their 40s and younger – are forging ahead with plans to buy homes despite believing the market favors sellers, according to Bank of America’s 2023 Homebuyer Insights Report. And while more than half of prospective homebuyers surveyed (55%) believe the market is more competitive than last year, just as many (54%) plan

Read More

ServiceLink Survey Reveals Optimism Among Today’s Homebuyers Despite Challenging Market Conditions

  • by
  • Comment Off
  • 413 views

The 2023 ServiceLink State of Homebuying Report highlights generational preferences and trends from today’s homebuyers Higher home prices and low inventory isn’t deterring the youngest generations from seeking homeownership. A new survey report from ServiceLink, part of the FNF family of companies and the nation’s premier provider of tech-enabled mortgage services, analyzes generational trends among recent homebuyers, their sentiment about today’s housing market and the role technology plays throughout the process. The 2023

Read More

Michelle MacKay Named Next Cushman & Wakefield CEO; John Forrester to Retire From the Company

  • by
  • Comment Off
  • 191 views

Andrew McDonald Appointed to Expanded Role of Global President and COO Transition Culminates a Multi-Year Succession Planning Process Cushman & Wakefield announced that the Board of Directors has accepted John Forrester’s intent to retire from his position as Chief Executive Officer (CEO) and member of the Board of Directors, effective June 30, 2023, following 35 years of service to the company. As part of the Company’s long-standing succession plan, Cushman

Read More

POPLAR HOMES EXPANDS INTO NORTH CAROLINA AND OHIO

  • by
  • Comment Off
  • 762 views

Poplar Homes, which combines proprietary technology with local property management teams to help independent single-family rental investors and owners of small multifamily properties take the stress out of being a landlord while maximizing the return on investment, recently announced its expansion into North Carolina and Ohio with the acquisitions of RentSafe and Solutions for Real Estate. RentSafe, which is led by Kyle Fetterolf, is based in Raleigh, N.C., and has

Read More

HOME EQUITY TICKS DOWNWARD AGAIN ACROSS U.S. AS HOUSING MARKET REMAINS STALLED

  • by
  • Comment Off
  • 169 views

Equity Remains Historically High in First Quarter of 2023;But Equity-Rich Portion of Mortgaged Homes Dips for Second Straight Quarter as Home Prices Drop Around Most of U.S.;Seriously Underwater Level of Mortgages Virtually Unchanged ATTOM, a leading curator of land, property, and real estate data, released its first-quarter 2023 U.S. Home Equity & Underwater Report, which shows that 47.2 percent of mortgaged residential properties in the United States were considered equity-rich in the first quarter,

Read More