REI INK

Invest in Yourself and Take the Deal 

Lori Greymont is a real estate investor, developer, and TV host. She has an impressive track record in the real estate industry, having invested in, developed, bought, and sold over 2,000 properties. In today’s episode, Lori emphasizes the importance of connecting and engaging with people in real estate and highlights the value of knowing your “why” as an investor. Listen to this episode and learn how Lori leverages her extensive

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Black Knight: Past-Due Mortgages Approach Recent Record Lows

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Serious Delinquencies Continue Improvement; Prepayments See Seasonal Rise Black Knight, Inc. reports the following “first look” at May 2023 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 3.10%Month-over-month change: -6.25%Year-over-year change: -2.62% Total U.S. foreclosure pre-sale inventory rate: 0.43%Month-over-month change: -2.03%Year-over-year change: 2.02% Total U.S. foreclosure starts: 25,400       Month-over-month

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Redfin Report: The Spring 2023 Homebuying Season Never Happened

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Near-7% mortgage rates are preventing both would-be homebuyers and would-be sellers from entering the market. Construction of new single-family homes is near its highest level in almost two decades, providing some hope for an uptick in inventory by next year. As spring turns into summer, it’s official: The traditionally hot spring homebuying season didn’t come to fruition in 2023. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate

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Affordability crisis: United States needs 4.3 million more homes

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Gap between families and available homes widens and likely continues to grow A significant shortage of affordable housing options is fueling America’s affordability crisis, particularly for those looking to move out on their own for the first time, a new Zillow analysis shows. This huge housing deficit underscores the need for policies and investments that can boost construction. This lack of housing — especially affordable options — has left millions of

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HOME FLIPPING ACTIVITY REMAINS HIGH ACROSS NATION AS INVESTOR PROFITS SHOW SIGNS OF IMPROVING IN FIRST QUARTER OF 2023

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Flipping Rate Across U.S. Rises Close to High Point This Century; Typical Profit Margins Inch Up but Still Near Lowest Level Since 2000; Raw Profits Remain Near 10-Year Low ATTOM, a leading curator of land, property, and real estate data, released its first-quarter 2023 U.S. Home Flipping Report showing that 72,960 single-family homes and condominiums in the United States were flipped in the first quarter. Those transactions represented 9 percent of

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Celebrating One Year of Uncontested Investing

Jeffrey Tesch is the CEO of RCN Capital LLC who brings a wealth of experience, insights, and a remarkable vision that has transformed the lending landscape. In this episode, Jeff will take us on a journey through his early days of private lending to the transformative power of RCN Capital by placing transparency, best practices, and customer-centricity at the core of its operations. Listen and learn the secrets behind Jeff

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