REI INK

Rate Hikes Continue to Slow Housing Market Activity and Create Market Uncertainties

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Interest Rates Surge to 22-Year Highs, Fueling Housing Market Uncertainties Shift Towards Rental Market Intensifies as Purchasing Activity Declines, Represented by a 27.5% Year-Over-Year Decline in New Listing Volume Closed Prices Continue to Rise as Listed Prices Reached Their Peak in June HouseCanary, Inc. (“HouseCanary”), a national brokerage known for its real estate valuation accuracy, released its August Market Pulse report, which finds that list prices peaked in June while closed

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More than 80% of home shoppers consider climate risks when looking for a new home

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Floods, fires and extreme weather are reshaping how people view climate risk and real estate More than 4 out of 5 prospective home buyers consider climate risks as they shop, new Zillow research shows. Most say their major concern is flood risk, followed by wildfires, extreme temperatures, hurricanes and drought. “Climate risks impact where most prospective buyers shop for a home,” said Zillow senior population scientist Manny Garcia. “While all generations juggle

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William Tessar Launches CV3 Financial Services

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Powerhouse Team Launches Private Lender Built for Real Estate Investors CV3 Financial Services, LLC, announced the official launch of the company, a private lender, providing financing for fix-and-flip and rental properties to real estate investors in more than 20 states. The company was founded by William J. Tessar, former President of CIVIC Financial Services. Mr. Tessar is joined by an executive leadership team, along with 150 operations, business support staff and

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Annual Growth Rate Accelerates as Home Prices Set New Record High

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— The Black Knight HPI hit another all-time high in July, with the annual rate of growth jumping to +2.3% from a revised +0.9% in June — The reaccelerating annual growth rate was driven as much by the price declines of last July providing a lower starting point as it was by July 2023 gains themselves — August will likely see further reacceleration in annual growth with prices already up a seasonally adjusted 2.9%

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The National Rental Home Council

Much More Than “Just An Investment” By Carole VanSickle Ellis In February 2012, Warren Buffett, chairman and CEO of Berkshire Hathaway and famed “Oracle of Omaha,” sent the single-family residential world into a tailspin when he observed during an interview on CNBC’s “Squawk Box” that he would “buy up a couple hundred thousand” single-family homes if he could see a practical way to do so. Citing the need for an

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Hawaii

In the Aloha State, Real Estate Gets More Complicated By Carole VanSickle Ellis Hawaii is a state that stands alone, literally. Of all the states in the United States, Hawaii is the only one located outside of North America, the only archipelago, and the only state in the tropics. It is comprised of 127 volcanic islands, eight of which are considered the “main islands”: Niʻihau, Kauaʻi, Oʻahu, Molokaʻi, Lānaʻi, Kahoʻolawe,

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