Housing Predicted to Drag on Growth Through 2023 as Financial Conditions Tighten The compounding effects of elevated inflation and higher interest rates are expected to further weigh on economic growth and home sales as the year progresses, with full-year 2022 growth now forecast at a slightly...
News Updates
WORD OF THE DAY: Soigné
[swan-YAY] Part of speech: adjective Origin: French, 19th century Definition: Dressed very elegantly; well groomed. Examples of Soigné in a sentence "Matthew was tall, handsome, and soigné when he met Lucy for their date." "Looking at the photographs of his grandparents, Joe...
U.S. Foreclosure Activity Increases Slightly in May 2022
Foreclosure Starts Decrease 1 Percent from Last Month, While Completed Foreclosures Increase 1 Percent ATTOM, a leading curator of real estate data nationwide for land and property data, released its May 2022 U.S. Foreclosure Market Report, which shows there were a total of 30,881...
Hippo 2022 Homeowner Preparedness Report
Inflation and Supply Chain Shortages May Be Holding Homeowners Back From Critical Home Maintenance Hippo, the home insurance group focused on proactive protection, announced findings from its 2022 Homeowner Preparedness Report, revealing the effect of today’s economic climate on homeowners as they...
WORD OF THE DAY: Coterie
[kō-tə-(ˌ)rē] Part of speech: noun Origin: French, 18th century Definition: a tightly knit group of people with a common interest or goal; an inner circle that excludes outsiders. Examples of Coterie in a sentence "She was always walking with her coterie of close friends, which...
Redfin Reports Typical U.S. Asking Rent Surpassed $2,000 for First Time in May
Asking rents were up over 30% in Cincinnati, Seattle, and Nashville and nearly 50% in Austin The median monthly asking rent in the U.S. surpassed $2,000 for the first time in May, rising 15% year over year to a record high of $2,002, according to a new report from Redfin (redfin.com),...
MORTGAGE LENDING PLUMMETS ACROSS U.S. IN FIRST QUARTER
Overall Residential Lending Activity Down Annually by 32 Percent, Marking Fastest Decline in Eight Years; Number of New Loans Decreases for Fourth Straight Quarter; Refinance Lending Drops Another 22 Percent While Purchase Mortgages Dip 18 Percent ATTOM, a leading curator of real...
WORD OF THE DAY: Adhocracy
[ad-HOC-rə-see] Part of speech: Noun Origin: Latin, 20th century Definition: A flexible, adaptable, and informal organizational structure without bureaucratic policies or procedures. Examples of Adhocracy in a sentence "The council was formed as an adhocracy so everyone felt...
Kiavi Expands to Alabama, Arkansas and Wisconsin
Kiavi Continues Strong Growth and Now Operates in 32 States and Washington, D.C. Kiavi, a leading provider of financing to real estate investors (REIs), announced it is expanding its products to three new states: Alabama, Arkansas and Wisconsin. Robust capital, competitive...









