In February, national rents grew 17.1% year-over-year to a new high of $1,792 per month, representing a higher share of household incomes (29.7%) than in 2021 (24.8%) New rental data shows affordability issues are on the rise, as Americans spent 30% of their monthly budgets on rents in...
Panel of housing experts sees pandemic-fueled deficits sticking around until then Panel expects a two-year climb back to pre-pandemic for-sale inventory levels Share of first-time buyers is forecast to stay below 2019 levels until 2024Home price appreciation should outstrip all inflation...
Bidding Wars Are Intensifying at a Slower Pace Than They Were at the Start of the Pandemic By Lily Katz, Senior Data Journalist at Redfin Nationwide, 68.6% of home offers written by Redfin agents faced bidding wars on a seasonally adjusted basis in February—the highest level in Redfin’s records,...
[aw-toh-DIE-dakt] Part of speech: Noun Origin: Greek, late 18th century Definitions: A self-taught person; a person who learned through methods outside of formal education Examples of Autodidact in a sentence "He loves being homeschooled and proudly calls himself an...
RCN Capital, the leading nationwide private lender for real estate investors, has been named on the 2021 Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies, ranking No. 3251. RCN Capital also ranked No. 180 on the Inc. 5000 Regionals: New York City Metro...
Creates a Vertically Integrated Real Estate Platform 33 Holdings LLC announced the signing of a merger agreement to acquire interest in Beers Housing Inc., a General Contractor and a leading service provider in mortgage field services, maintenance, rehab, construction and development in...
U.S. Census Bureau Delivers Data for States to Begin Redistricting Efforts The U.S. Census Bureau released additional 2020 Census results showing an increase in the population of U.S. metro areas compared to a decade ago. In addition, these once-a-decade results showed the nation’s...
Foreclosure Starts Decrease 4 Percent from Last Month; While Completed Foreclosures Increase 5 Percent from Last Month ATTOM, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), the largest online marketplace for foreclosure and...
Seventy-Five Percent of Consumers Believe It's a Good Time to Sell The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 3.9 points to 75.8 in July, as consumers continue to report concerns related to high home prices and a lack of homes for sale. While all...
