REI INK

News Updates

RealFoundations Expands Leadership Team in Anticipation of International Growth

  • by
  • Comment Off
  • 158 views

Leading Real Estate Consulting and Managed Services Firm Welcomes Global Industry Veteran RealFoundations, the world’s foremost provider of consulting and managed services for the real estate industry, announced the appointment of Andy Rothery to the firm’s leadership team as an Enterprise Managing Consultant. Rothery brings over 30 years of real estate experience, along with extensive global operational expertise and industry relationships. With over three decades of experience in the real

Read More

Consumers Feeling Better About Housing Market Despite High Home Prices

  • by
  • Comment Off
  • 183 views

HPSI Up Significantly from All-Time Low Recorded Two Years Ago The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 0.7 points in October to 74.6, pushing the measure of consumer confidence to its highest level since February 2022 and significantly higher than the all-time low recorded two years ago. In October, the share of consumers who think it’s a good time to buy a home increased to 20%, while the share who think it’s

Read More

Roc360 Announces Latest Residential Transitional Loan Securitization, Rated by DBRS Morningstar

  • by
  • Comment Off
  • 202 views

Roc360, a leader in real estate financing solutions, is pleased to announce the successful closing of its second residential transitional loan (RTL) securitization, Roc Mortgage Trust 2024-RTL1. Structured to support professional investors in the residential market, the transaction highlights Roc360’s ongoing commitment to scalable, high-performance financing solutions. The securitization, totaling $237.5 million in mortgage-backed notes, was rated by DBRS Morningstar. As a revolving securitization, the transaction allows for the addition of new

Read More

Redfin Reports The Number of Renter Households Is Growing Three Times Faster Than Homeowner Households

  • by
  • Comment Off
  • 192 views

San Jose, CA, Los Angeles and San Diego have the highest shares of renter households, while Cape Coral, FL, Charleston, SC and Columbia, SC have the lowest The number of renter households rose 2.7%, in the third quarter year over year, to a record 45.6 million. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That rate of growth is three times faster than the 0.9% increase

Read More

CoreLogic: Annual Home Price Slowdown Continues in September

  • by
  • Comment Off
  • 148 views

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for September 2024. U.S. home price growth continued to cool, slowing to 3.4% year-over-year in September. Compared with the month prior, home prices rebounded to post a very slight uptick (0.02%) following months of modest monthly declines. Taken together, home price levels have been relatively flat since late summer. Besides the uncertainty

Read More

Fred Matera Promoted to Chief Executive Officer of CoreVest

  • by
  • Comment Off
  • 161 views

CoreVest American Finance Lender, LLC (“CoreVest”), a leading lender to residential real estate investors nationwide and a division of Redwood Trust, Inc. (“Redwood”), is pleased to announce the promotion of Fred Matera to Chief Executive Officer. A tenured leader at Redwood, Fred has served as CoreVest’s Co-Head for the last year and has been an integral part of Redwood’s leadership team since 2019. In his new role, Fred will continue

Read More