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WORD OF THE DAY: Scion

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[SY-ən] Part of speech: Noun Origin: Old French, 13th century Definition: A young shoot or twig of a plant, especially one cut for grafting or rooting; a descendant of a notable family. Examples of Scion in a sentence “The Bradford pear had several scions on the lower branches.” “Michael was considered the most successful scion of the family.” About Scion This word is from Middle English by way of the Old French “Sion” or “cion,”

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Rhino Hits Major Company Milestone

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Security Deposit Insurance Offered in Two Million Homes Rhino, the leading real estate technology company and pioneer of security deposit insurance, announced that their innovative solution is now offered in more than two million homes nationwide. In the process of reaching two million homes, Rhino saved American renters more than $700 million and increased their partner network to 6 million homes. America’s leading housing providers, including Highmark Residential, UDR, Invesco, Peak Living,

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Local Logic Partners with Wahi to Provide Homebuyers and Realtors with Enhanced Neighborhood Data

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Leading location intelligence provider brings data solutions to the digital real estate platform to empower users with added intelligence in the home buying and rental process Local Logic, a location intelligence provider that quantifies location at scale to shape smarter developments and more sustainable cities, announced a strategic partnership with Wahi, a digital real estate platform that uses tools, information, and experiences to improve the real estate journey for consumers

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PURE Property Management Launches Institutional Management Division

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PURE Institutional Management responds to the growing demand for dedicated services that reduce the complexities and costs of managing institutional portfolios PURE Property Management, the fastest growing residential property management and technology company in the U.S., announced the launch of PURE Institutional Management, a dedicated division to service institutional investor clients and their residential portfolios across multiple locations within PURE’s rapidly expanding national footprint. “Institutions managing portfolio investments are challenged

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Rapidly Rising Rates and Persistent Inflation Further Soften Economic Outlook

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Housing Activity Expected to Slow Further as Affordability Worsens Persistent inflation, rising interest rates, and a slowdown of global economic growth are the primary contributing factors to updated expectations that full-year 2022 real GDP will grow at the reduced rate of 1.3 percent, 0.8 percentage points less than previously predicted, according to the May 2022 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group.The ESR Group’s latest forecast sees second

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WORD OF THE DAY: Abstruse

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[əb-STROOS] Part of speech: Adjective Origin: Latin, late 16th century Definition: Difficult to understand; obscure. Examples of Abstruse in a sentence “The single was critically acclaimed despite its abstruse lyrics.” “The movie’s ending was far too abstruse for the general public.” About Abstruse Abstruse comes from the Latin word “abstrusus” (put away, hidden). This word developed in turn from the word “abstrudere” (conceal), a combination of “ab” (from) + “trudere” (to push). Did you Know?

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