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Month: January 2024

Home Flipping Activity Keeps Falling

Home Flipping Activity Keeps Falling

Raw Flipping Profits Also Up, to High Point Since Middle of 2022 By The ATTOM Team ATTOM, a leading curator of land, property, and real estate data, released its third-quarter 2023 U.S. Home Flipping Report showing that 72,543 single-family homes and condominiums in the United States were flipped...

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REI INK is a business publication for serious real estate investors and service providers. As a comprehensive real estate investment publication, REI INK covers all types of real estate investments and topics, including single family, multifamily, commercial, alternative investing strategies, lending, acquisitions and dispositions, property management and more.
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News Updates

There Are Now Only 5 Major Metros Where a Typical Luxury Home Costs Less Than $1 Million

Redfin reports Detroit is the most affordable metro for luxury homes, with a median price of $719,252—47.7% less than the typical luxury home nationwide, $1,374,470 The typical luxury home costs less than $1 million in five of the top 49 most populous metros, down...

Redfin Reports Monthly Payments Tick Up For First Time in 8 Months As Home Prices Hit Record High

Pending home sales increased 0.4% week over week The median U.S. housing payment posted its first year-over-year increase since October during the four weeks ending June 28 as home prices and mortgage rates rose. That’s according to a new report from Redfin, the real...

TrustPoint AI Names Construction Lending Veteran Tres Seippel as Chief Innovation Officer

The construction lending executive joins TrustPoint AI to drive the roadmap for AI and proprietary data models. TrustPoint AI, the innovation leader in asset and portfolio management (APM) technology for construction, renovation, bridge, and land development lending,...

After Years of Waiting, Buyers Are Getting Their Summer: Realtor.com® June Housing Report

List Prices Drop 2.5%, the Steepest Decline Since 2017, According to Realtor.com Data; Pending Sales Just Hit a Seven-Month Growth Streak Asking prices fell 2.5% year over year in June, the steepest annual decline in Realtor.com® data since 2017, and the eighth...

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