REI INK

Housing Sentiment Remains Stuck in Low-Level Plateau

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Only 14% of Consumers Believe It’s a Good Time to Buy a Home, a New Survey Low The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 0.6 points in November, remaining within the bounds of the low-level plateau it established in the first half of 2023. Consumers’ perceptions of homebuying conditions remain overwhelmingly pessimistic, as only 14% of consumers believe it’s a good time to buy a home, a new survey

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Simply Homes Secures $22M to Expand US Affordable Housing

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Funding will go towards buying homes in major Midwest markets to address the public housing crisis and create economic mobility Simply Homes, an automated Single Family Rental (SFR) sourcing and underwriting platform developed to help solve the affordable housing crisis by mobilizing stagnant housing stock for use in the Housing Choice Voucher (HCV) program, announced $22M in funding for operations and real estate acquisitions. The financing is led by Gutter Capital and

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BofA Report Shows Fewer Prospective Homebuyers Willing to Wait for a Better Market Environment

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62% willing to wait for prices and/or rates to fall before buying a home, down from 85% just six months ago Prospective homebuyers’ patience may be waning, with fewer willing to wait until home prices or interest rates come down to purchase a home, according to new data from the Bank of America Homebuyer Insights Report (PDF). Today, 62% are willing to wait for prices and/or rates to fall before buying a

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Rently and PlanOmatic Partner to Deliver Time-Saving Photo Feed Automation

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Integration enables faster syndication, accelerates time-to-market  Rently, a leading provider of self-touring and smart home technology solutions, and PlanOmatic, a nationwide provider of quality photography, floor plans, and 3D tours for the single-family rental industry, are pleased to announce a new photo feed integration partnership that instantly syncs PlanOmatic property photos to their corresponding vacant listings on Rently’s ILS and its syndicated sites for single-family rental listings.  The Rently-PlanOmatic photo feed integration eliminates

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HOUSING MARKETS FACING GREATER RISK OF DOWNTURNS CLUSTERED IN CALIFORNIA, NEW JERSEY AND ILLINOIS

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New York City and Chicago Areas Again Have Higher Concentrations of Markets More Exposed to Declines, Based on Third-Quarter Data; At-Risk Markets Have Weaker Foreclosure, Underwater and Job Measures; Less-Vulnerable Areas Mainly in South, Midwest and New England ATTOM, a leading curator of land, property, and real estate data, today released a Special Housing Risk Report spotlighting county-level housing markets around the United States that are more or less vulnerable to

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Dwellsy

A Functional Marketplace on Multiple Levels By Carole VanSickle Ellis Renting has been difficult in the 2020s, and that goes for all parties involved. While residents tend to make the headlines most frequently due to housing shortages and skyrocketing rent rates, landlords and institutional property owners have struggled as well with the emergence of astounding levels of fraudulent rental-related activity, confusing pandemic-related regulations, and rising demand for bigger, remote-work-friendly single

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