RISING INSURANCE COSTS A GROWING CONCERN FOR REAL ESTATE INVESTORS Insurance challenges have become a major cause of concern among real estate investors, according to the Spring 2024 Investor Sentiment Survey from RCN Capital, conducted by market intelligence firm CJ Patrick Company. Over 68% of...
Month: April 2024
Half of U.S. Homeowners and Renters Struggle to Afford Their Housing Payments
Americans report skipping meals, working overtime, and delaying medical care to afford housing Half of U.S. homeowners and renters (49.9%) sometimes, regularly or greatly struggle to afford their housing payments, according to a new report from Redfin (redfin.com), the technology-powered real...
PROPERTY TAXES ON SINGLE-FAMILY HOMES UP 7 PERCENT ACROSS U.S. IN 2023, TO $363 BILLION
Total Single-Family Taxes Levied Nationwide in 2023 Rise Twice as Fast as in 2022; Average Property Tax Up 4 percent, to $4,062, While Effective Rate Also Increases; Highest Effective Tax Rates Remain Clustered in Northeast and Midwest ATTOM, a leading curator of land, property, and real estate...
Realtor.com® March Housing Report: Housing Market Takes a Step in a Buyer-Friendly Direction
March data shows the largest share of price reductions since 2019 with 34 out of the 50 largest metros showing an uptick in drops According to the Realtor.com® March housing report, buyers are looking at an optimistic mix of increasing inventory and an uptick in price reductions going into the...
Moderate House Price Increases Expected as Market Adjusts to High Rates
Veros Real Estate Solutions (Veros®), an industry leader in enterprise risk management and collateral valuation services, released its 2024 Q1 VeroFORECASTSM, with projections indicating an average nationwide appreciation of 2.9% over the next 12 months. This is an upward revision from last...
The US has a record-high 550 ‘million-dollar’ cities
Low inventory is keeping competition high and home values rising There are currently 550 U.S. cities where the typical home value is $1 million or more, up from 491 a year ago. California easily boasts the most million-dollar cities, followed by New York and New Jersey....

FirstKey Homes
Dedicated to Growth & Its Residents Going into 2024 By Carole VanSickle Ellis In 2015, when FirstKey Homes opened its doors, the single-family rental (SFR) market was still in its infancy, with researchers at the National Bureau of Economic Research still publishing papers with theses...

San Jose, California
“The Capital of Silicon Valley” Still Holds Opportunities for Investors By Carole VanSickle Ellis If you live in San Jose, California, then some in the real estate space believe you might need to steel yourself for something most Californians are not very used to: falling home prices. According to...

Empowering Lenders and Originators
The Future of Capital Markets Operations is Here By Stuart Wall With housing inventory at an all-time low, there is a growing opportunity for many Residential Transition Loans (RTL) investors. This opportunity has been stifled in the last 18 months by interest hikes and the uncertainty of when...