Obie, a leader in modern insurance solutions for real estate investors, is proud to announce the launch of its Tenant Legal Liability (TLL) policy — a streamlined coverage option for protecting rental properties and their owners against tenant-related damage. TLL coverage seamlessly integrates...
Month: November 2024
Zillow Group Promotes Jun Choo to chief operating officer
Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, announced that tenured Zillow executive Jun Choo has been promoted to chief operating officer (COO). In this role, Choo will now oversee Zillow's for sale business...
RE/MAX NATIONAL HOUSING REPORT FOR OCTOBER 2024
Home Sales Were Unseasonably Strong While Inventory Climbed October home sales bucked seasonal trends and posted a 6.7% increase over September and were 8.4% higher year-over-year. Year to date, 2024 home sales have exceeded 2023 levels in six of 10 months. Though new listings were down 0.7% from...
The Home Depot Foundation invests $10 million to help veterans age in place, avoid homelessness
New commitment bolsters the Foundation's progress toward $750 million investment by 2030 In honor of Veterans Day and the annual Operation Surprise initiative, The Home Depot Foundation is investing $10 million to help veterans age in their current residences and avoid homelessness. This...
U.S. FORECLOSURE ACTIVITY INCREASES IN OCTOBER 2024
Foreclosure Starts Increase 6 Percent from Last Month; Completed Foreclosures Increase 12 Percent from Last Month ATTOM, a leading curator of land, property data, and real estate analytics, released its October 2024 U.S. Foreclosure Market Report, which shows there were a total of 30,784 U.S....
RealFoundations Expands Leadership Team in Anticipation of International Growth
Leading Real Estate Consulting and Managed Services Firm Welcomes Global Industry Veteran RealFoundations, the world’s foremost provider of consulting and managed services for the real estate industry, announced the appointment of Andy Rothery to the firm’s leadership team as an Enterprise...
Consumers Feeling Better About Housing Market Despite High Home Prices
HPSI Up Significantly from All-Time Low Recorded Two Years Ago The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 0.7 points in October to 74.6, pushing the measure of consumer confidence to its highest level since February 2022 and significantly higher than the...
Roc360 Announces Latest Residential Transitional Loan Securitization, Rated by DBRS Morningstar
Roc360, a leader in real estate financing solutions, is pleased to announce the successful closing of its second residential transitional loan (RTL) securitization, Roc Mortgage Trust 2024-RTL1. Structured to support professional investors in the residential market, the transaction highlights...
Redfin Reports The Number of Renter Households Is Growing Three Times Faster Than Homeowner Households
San Jose, CA, Los Angeles and San Diego have the highest shares of renter households, while Cape Coral, FL, Charleston, SC and Columbia, SC have the lowest The number of renter households rose 2.7%, in the third quarter year over year, to a record 45.6 million. That’s according to a...