High home prices and mortgage rates, along with economic uncertainty and an increase in second-home loan fees, have put an end to the pandemic-driven vacation-home boom Demand for vacation homes has fallen below the pre-pandemic baseline for the first time in two years, with mortgage-rate locks...
[HAUS-rite] Part of speech: Noun Origin: North America, mid-16th century Definition: A builder of houses, especially those constructed largely of timber; a house carpenter. Examples of Housewright in a sentence "After working with Habitat for Humanity, Rachel felt like a...
Toorak Capital Partners, Inc. (“Toorak”), a leading capital provider to the residential real estate lending industry, announced that John Beacham, its Founder and CEO, has been named an Entrepreneur Of The Year® 2022 New Jersey Award winner by Ernst & Young LLP (EY US). Entrepreneur Of...
[dee-on-TALL-oh-jee] Part of speech: noun Origin: Greek, early 19th century Definition: A theory of ethics that establishes rules of right and wrong actions; the study of determining the right way to live life, based on duty and moral obligation Examples of Deontology in a...
A new study of real estate photography data from HomeJab finds that the most popular real estate listing photo is not the home's front exterior. Instead, bedroom photos were ranked first, barely nudging out kitchen photos. Front exterior shots placed a distant fifth....
Nationwide Home-Flipping Rate Jumps to Highest Level This Century;Raw Profits on Home Flips Increase for First Time Since 2020;But Typical Profit Margins on Flips Decline Again, to Lowest Point Since 2009 ATTOM, a leading curator of real estate data nationwide for land and property data,...
REI INK Magazine, a business publication for real estate investors, and RCN Capital, a leading nationwide private lender specializing in financing for real estate investors, have announced the official launch of their collaborative podcast, Uncontested Investing, with the first episode airing on...
[mə-NAHP-sə-nee] Part of speech: noun Origin: Greek, 1930s Definition: (Economics) A market situation in which there is only one buyer. Examples of Monopsony in a sentence "The conglomerate used questionable tactics to create this monopsony." "Is Amazon a monopsony in the goods...
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...
