RE/MAX National Housing Report for October 2023

Inventory Grows While Declines in Sales, New Listings Soften Seasonal declines in home sales and new listings softened in October while inventory grew for a seventh consecutive month across the 53 metro areas surveyed. Home sales dropped 4.6% from September to October, far less than the 13.5% month-over-month drop in October 2022. New listings also declined 5.0%, which was also less than half of the 11.1% drop from September to October last

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Bright MLS October Housing Report: It’s Beginning to Look A Lot Like Last Year

Market activity tracking closely to 2022 levels High mortgage rates, unrelenting prices, and low inventory have limited transactions throughout the Mid-Atlantic so far in 2023. Yet October showed the first signs of being similar to activity levels in 2022. New pending sales were only 3.2% lower than last year and some metros within the Mid-Atlantic had more new pending sales, and even closed sales, than in October 2022. “The resiliency of

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Multifamily Rents Fall Again in October

Rents fell for the second consecutive month to a national average $1,718 Multifamily fundamentals continued to soften and impact rents last month, according to the latest Yardi® Matrix National Multifamily Report. The average U.S. asking rent dropped $3 to $1,718 in October, with year-over-year growth moderating to 0.4 percent, down 40 basis points from September. Occupancy slid to 94.9 percent, marking the first decline in four months. Rent growth turned negative in 14 of Yardi Matrix’s top

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SVN | SFRhub Marketplace Announces Strategic Platform Expansion with New Client Support Tools for SFR/BFR Rental Home Investment

SVN | SFRhub Marketplace (previously SVN | SFRhub Advisors), the premier nationwide platform for investors seeking to buy, sell, finance, insure and manage single-family residential (SFR) and Build-for-Rent (BFR) rental investment portfolios, has strategically expanded its technology platform in response to surging industry growth and heightened client demands. Under the same ownership and SVN | SFRhub brand, the company has broadened its platform’s scope to encompass its extensive network of

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SAN ANTONIO MAKES DEBUT ON “TOP 10 U.S. REAL ESTATE MARKETS TO WATCH LIST”

Urban Land Institute and PricewaterhouseCoopers Release 2024 “Emerging Trends in Real Estate” Report; San Antonio Ranks No. 8 in Top Markets to Watch The Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC) recently released its “Emerging Trends in Real Estate” report for 2024, and San Antonio has made its first-time appearance on the Top 10 list for U.S. real estate markets to watch — ranking No. 8 out of 80 cities on the

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MCS CONTINUES EXPANSION OF SELF-PERFORMING SERVICES IN KEY U.S. MARKETS

MCS self-performing network expands to 25 markets with more expected; Network includes regional Service Centers and dedicated MCS Project Managers   MCS, the national property services company founded in 1986, has continued the national expansion of its self-performing network, designed to support all facets of the company’s commercial, residential, default mortgage and property preservation business lines. Since first announcing plans a year ago to expand its self-performing capabilities nationwide, MCS

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