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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

Price Drops Are Becoming Slightly Less Common As Housing Market Stabilizes

Redfin reports more than half of home sellers are cutting prices in San Antonio, Austin, Dallas and Phoenix, which remain strong buyer’s markets More than one-third (35.4%) of U.S. home sellers cut their asking price in April, according to a new report from Redfin,...

ZOMBIE FORECLOSURES ROSE IN MOST STATES IN SECOND QUARTER

Number of zombie homes increased in 38 states and D.C.; National vacancy rate held steady at 1.3 percent ATTOM, the leading provider of property data, AI-powered intelligence, and real estate analytics solutions, released its latest Vacant Property and Zombie...

Pending Home Sales Jump 10% From a Year Ago to Highest Level Since 2022

Redfin reports sale prices are rising as homebuying demand strengthens U.S. pending homes sales jumped 9.6% year over year to their highest level since September 2022, on a seasonally adjusted basis. That’s according to a new report from Redfin, the real estate...

ServiceLink Adds Mortgage Servicing Veteran Ryan Reaves to its Default Sales Team

ServiceLink, the nation’s premier provider of tech-enabled services for all phases of the mortgage lifecycle, welcomes Ryan Reaves as a vice president, national sales executive within its default division. With more than 10 years of experience in mortgage...

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