Lack of Housing Inventory Persists – And Number of Affordable Homes Listed Below $200K Continues to Fall Nationwide Supply Shortage Continues to Drive Prices Higher, With Median Closed Price of Single-Family Listings Up 21.3% Year-Over-Year In July, 7.3% Fewer Listings Went Under Contract Compared...
News Updates
Hard Money Lender Accelerates Past Major Milestone in Lending
Ignite Funding, a hard money lender, crossed the $1 billion dollar mark in funding residential and commercial real estate loans. It was just last year that Ignite Funding announced the milestone of $750 million funded, which puts this new achievement under their belt...
HOMEOWNER EQUITY SURGES ACROSS U.S. DURING Q2
Eight Times More Properties are Equity-Rich Across U.S. Than Seriously Underwater Portion of U.S. Homes Considered Equity-Rich Up to 34 Percent Seriously Underwater Properties Down to 4 percent ATTOM, curator of the nation’s premier property database, released its second-quarter 2021 U.S. Home...
ASA Disappointed with Continued Exclusion of Appraisal Profession from Ongoing Federal Agency Efforts on Valuation Bias
The Department of Housing and Urban Development (HUD) held a virtual event looking at bias issues surrounding the home valuation process. Notably, this event was held without any participants from the appraisal profession at the table. This marks the second event of its kind that has excluded...
Realtor.com® Investor Report: Top Markets Where Investors Are Impacting the Inventory Crunch
- Nationally, investors took more inventory off the market than they contributed in April; their purchases represented 5.7% of all home sales - Among the 50 largest U.S. metros, investors made the biggest contributions to inventory levels in: Atlanta, Dallas, Baltimore, Los Angeles and San...
Mr. Cooper Group Announces Two Executive Appointments
Executive Team Expanded to Drive Portfolio Growth and Customer Experience Enhancements Mr. Cooper Group Inc. (NASDAQ: COOP) announced two additions to the executive leadership team as the company focuses on becoming the largest home loan company in the country, with a customer-centric culture...
RentSpree Raises $8 Million in Series A Funding to Enhance Collaboration Between Renters, Agents, and Owners
Funding validates recent progress and significant market opportunity, enabling RentSpree to create the first platform allowing multiple parties to cooperate on a rental transaction. RentSpree raises $8 million in Series A funding.The funding round was led by 645 Ventures and additional investors...
Illinois, Florida and New Jersey Dominate Markets Most at Risk from Damage Related to Coronavirus Pandemic
Chicago Area and East Coast States Remain More Exposed to Pandemic’s Impact During Second Quarter of 2021; Most Vulnerable Areas Are More Scattered Around Nation Than in Prior Quarter; Western States Continue to Have Most Favorable Market Conditions ATTOM, curator of the nation’s premier...
U.S. Properties with Foreclosure Filings in First Six Months of 2021 Hit All-Time Low of 65,082
Foreclosure Rates Highest in Delaware, Illinois, and Florida; Only 5 Greater Populated Metros Saw an Annual Increase in Foreclosure Filings; Q2 Foreclosure Activity Below Pre-Recession Levels in 92 Percent of Metros ATTOM, licensor of the nation’s most comprehensive foreclosure data and...










