Median Prices Rise Year-Over-Year in Two-Thirds of Zones Targeted for Tax Breaks ATTOM Data Solutions recently released its second special report analyzing qualified Opportunity Zones established by Congress in the Tax Cuts and Jobs act of 2017. In this report, ATTOM looked at nearly 3,700 zones...
News Updates
Winter Is the Best Time to Buy a Home
You may be surprised to learn that buyers willing to close the day after Christmas realize biggest discounts. December offers more than holiday retail discounts. It’s also the month that includes the only three days of the year to offer discounts below estimated market value to homebuyers....
A Chance Opportunity Becomes a Lifetime of Success
Don Wenner has enjoyed many successes, but it all started with an unexpected opportunity that he accepted. Sometimes the most life changing events are those that occur when least expected. That’s exactly what happened to entrepreneur Don Wenner when he was introduced to the world of real estate as...

Housing Costs Ease for Homeowners
According to data released recently by the American Community Survey (ACS), the “burden” of housing costs has decreased for U.S. homeowners since the Great Recession peaked in 2008. The same is not true for renters—data show that burden to be stagnant. What is a “burdened” household? Those that...

Zombie Properties Slip Below 3 Percent of All Foreclosures Nationwide
Today’s ATTOM Data Solutions’ fourth quarter Vacant Property and Zombie Foreclosure report reveals that more than 1.5 million U.S. single family homes and condos, representing 1.5 percent of all homes, were vacant in the fourth quarter of 2019. The report shows that during the fourth quarter of...

Third Quarter Foreclosure Activity at Lowest Level Since 2005
A mid-October report released by ATTOM Data Solutions shows a total of 143,105 U.S. properties with foreclosure filings in third quarter 2019. That’s down 6% from the second quarter and 19% from a year ago, marking the lowest level since the second quarter of 2005. U.S. foreclosure activity in the...

Announcing . . .
You're Invited . . . To Receive Advance Access to New Listings REI INK magazine is excited to announce the launch of the REI Referral Network. Real estate investors and service providers are invited to join this membership platform to connect with real estate agents who are active in the...

Mom-and-Pop Investors Fueling Foreclosure Auction Market
According to the 2019 Buyer Insights Survey Report, released this week by Auction.com, more than half of foreclosure auction buyers are mom-and-pop investors who are purchasing between one and five properties a year. The survey found that 51 percent of foreclosure auction buyers plan to purchase...
Doorstead Raises $3.3 Million to Create the Opendoor for Rentals
Doorstead, an operations technology company, has raised $3.3 million in funding, according to an October 8 press release. The company has pioneered a new class of property management called “iRenting,” a model that provides landlords with a guaranteed rental income, regardless of occupancy, with...