REI INK

Creating Strategic Marketing Success

In this episode of “Uncontested Investing,” host Nate Zielinski sits down with John Seroka, President of Seroka Marketing and PR, a firm with over 37 years of experience in the mortgage and private lending industry. John shares insights into his career, the importance of family legacy, and how his company helps private lenders and real estate professionals elevate their marketing strategies. From personal anecdotes to professional advice, this episode is

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Offerpad Appoints Peter Knag as Chief Financial Officer

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Seasoned executive with 20+ years of finance leadership at WarnerMedia, TBS, and AT&T Offerpad Solutions Inc., a leading tech-enabled platform for residential real estate, announced the appointment of Peter Knag as its new Chief Financial Officer, effective June 5, 2024. Knag brings a proven track record of success and deep financial acumen to Offerpad, having excelled in senior financial leadership roles across the media, telecommunications, technology, and finance sectors. Knag

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Redfin Reports Home Prices Hit Another Record High, Pushing Pending Sales Down 4%

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Prices keep rising because this spring’s inventory is lower than usual. The sliver of good news for buyers is that mortgage rates have declined slightly The median U.S. home-sale price hit a record $387,600 during the four weeks ending May 19, up 4% from a year earlier. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Weekly average mortgage rates dipped to 7.02% from a five-month high

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ICE First Look at Mortgage Performance

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Continued Improvement in April Leads to Fewest Serious Delinquencies in 18+ Years Intercontinental Exchange, Inc., a leading global provider of technology and data, reports the following “first look” at April 2024 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Data as of April 30, 2024 Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure):

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Realtor.com® April Rental Report

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National Rents Drop Again, But Three Midwest Markets Surge to Record Highs Rents fell again last month, with particularly big savings for renters in Austin, Texas; Las Vegas; and San Francisco compared to when those markets peaked, according to the Realtor.com® Rental Report. Still, some areas with low unemployment and a slower pace of new home construction saw record-high rents that could continue to rise into the summer months. The median asking rent nationally for

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OPPORTUNITY ZONE HOME PRICES MIXED BUT STILL KEEPING UP WITH NATIONWIDE PRICE TRENDS

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Median Home Values Rise During First Quarter of 2024 in Only Half of Opportunity Zones Targeted for Economic Redevelopment Around U.S.;  But Price Trends Inside Zones Again Reflect National Market Patterns; By Some Measures, Opportunity Zone Changes Surpass Nationwide Gains ATTOM, a leading curator of land, property, and real estate data, released its first-quarter 2024 report analyzing qualified low-income Opportunity Zones targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act

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