REI INK

CoreLogic: Annual Home Price Slowdown Continues in September

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CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for September 2024. U.S. home price growth continued to cool, slowing to 3.4% year-over-year in September. Compared with the month prior, home prices rebounded to post a very slight uptick (0.02%) following months of modest monthly declines. Taken together, home price levels have been relatively flat since late summer. Besides the uncertainty

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Fred Matera Promoted to Chief Executive Officer of CoreVest

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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 CoreVest’s Co-Head for the last year and has been an integral part of Redwood’s leadership team since 2019. In his new role, Fred will continue

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Redfin Reports 28% of Houses For Sale Are Newly Built, the Lowest Share in 3 Years

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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 new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s down from 30.5% a year earlier and a record-high 34.4% at the start

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Buying like it’s 2021: Nearly half of recent buyers have a mortgage rate below 5%

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New Zillow survey data finds many buyers are securing lower mortgage rates from home builders, sellers, or borrowing from friends or family members Almost half of recent home buyers with a mortgage secured a rate below 5%, a recent Zillow® survey shows. Current mortgage rates are hovering near 7%, yet many home buyers who purchased a home in the past year thought outside the box to unlock homeownership. Mortgage rates surged from historic

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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 firm hit the ground running by tackling emerging issues around fraud, data security, cyber security, and even artificial intelligence. “As much

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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 could “correct” in one of the gentlest “softening” events in the country. Analysts can make compelling arguments in both directions. “Florida’s real estate

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