On an annual basis, home prices rose by 3.4% in September, the slowest growth rate in over a year, and are projected to slow to 2.3% by the same time next year. Miami continued to post the highest gain of tracked U.S. metro areas, at 6.8%, followed closely by Chicago at 6.7%. Rhode Island reported...
Month: November 2024
Fred Matera Promoted to Chief Executive Officer of CoreVest
CoreVest American Finance Lender, LLC (“CoreVest”), a leading lender to residential real estate investors nationwide and a division of Redwood Trust, Inc. (“Redwood”), is pleased to announce the promotion of Fred Matera to Chief Executive Officer. A tenured leader at Redwood, Fred has served as...
Redfin Reports 28% of Houses For Sale Are Newly Built, the Lowest Share in 3 Years
New-construction homes are making up a smaller portion of total inventory as builders back off and more homeowners list their houses for sale Newly built homes made up 28% of single-family homes for sale nationwide in the third quarter, the lowest level in three years, according to a...
Buying like it’s 2021: Nearly half of recent buyers have a mortgage rate below 5%
New Zillow survey data finds many buyers are securing lower mortgage rates from home builders, sellers, or borrowing from friends or family members Although average mortgage rates are much higher, 45% of buyers who have purchased a home in the past year report having a rate below 5%. Mortgage...

Property Shield
Data Security Firm is Changing the Face of Fraud Protection by Carole VanSickle Ellis Property Shield is, by any definition, “new to the scene” of data security. In fact, the company launched in February of last year. However, said the company’s co-founder and CEO Alex Fahsel, the data security...

Orlando, Florida
Florida’s “City Beautiful” Endures a Statewide Market Shift by Carole VanSickle Ellis The third-most-visited city in the United States could see a shift in the next few years as formerly happy pandemic-era homebuyers put their properties back on the market and flee inland once more…or the market...

Dissecting the Data
What a Year’s Worth of Investor Input Tells Us About the Future by Mitchell Zagrodnik RCN Capital and CJ Patrick Company’s Investor Sentiment Survey, which launched initially in Spring 2023, gauges real estate investors’ views on market conditions. The survey features a static set of questions...

Brandywine Cares: A New Future for Renters in Atlanta
Investing in People — Investing in Communities Brandywine Cares, a nonprofit organization, is on a mission to transform the future for renters in Atlanta. Through initiatives in career coaching, financial education, and the power of planning, the organization strives to ensure that individuals not...

Mitigating Loss with Smart Home Technology
Be Proactive and Avoid Costly Claims by Jason Jones As a property owner, you are likely familiar with the benefits of smart home technology. But beyond the convenience of remote controls and automation, these systems can also play a critical role in mitigating loss at your investment properties....