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News Updates

U.S. FORECLOSURE ACTIVITY IN APRIL 2022 DECLINES SLIGHTLY

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Foreclosure Starts Remain Unchanged from Last Month ATTOM, a leading curator of real estate data nationwide for land and property data, released its April 2022 U.S. Foreclosure Market Report, which shows there were a total of 30,674 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — down 8 percent from a month ago but up 160 percent from a year ago. Illinois, New Jersey and Ohio had

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New Survey Reveals Americans are in Favor of Non-Traditional Investing but Don’t Know Where to Start

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Connect Invest’s Alternative Investment Platform to Fill the Gap Connect Invest, an alternative investment platform, surveyed Americans to find out what their investment goals are for 2022 and their knowledge of alternative investing. The survey found that younger Americans are more open to investing this year than older generations, and many are getting investment advice from non-traditional sources like social media. And, while there’s interest in alternative investments, many of

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WORD OF THE DAY: Flummoxed

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[flə-məksd] Part of speech: Adjective Origin: Uncertain, mid 19th century Definition: Totally confused or bewildered; utterly unable to understand or comprehend Examples of Flummoxed in a sentence “The complex equations in his physics course left him completely flummoxed.” “She was flummoxed by all of the big, confusing words inserted into the legal agreement.” About Flummoxed While its synonyms have traceable origins, researchers looking into ‘flummoxed’ can only scratch their heads at the word’s unknown derivation.

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Redfin Reports More Sellers Dropping Their Prices, But Buyers Find Little Relief

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Homebuying is as competitive and costly as ever as soaring mortgage rates make the market less inviting for many would-be sellers The share of home sellers who dropped their asking price shot up to a six-month-high of 15% for the four weeks ending May 1, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s up from 9% a year earlier, and represents the largest annual gain on

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WORD OF THE DAY: Quiddity

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[KWID-ə-dee] Part of speech: Noun Origin: Latin, 14th century Definitions: The inherent nature or essence of someone or something; a distinctive feature; a peculiarity. Examples of Quiddity in a sentence “Her love of singing is as much a quiddity as her brown hair is.” “Many people share the quiddity of dipping their fries into their milkshakes.” About Quiddity Quiddity is a Middle English word, but originally developed in Latin from the words “quidditas” and “quid”

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ATTOM Unveils New Data Product for Reliable Rental Market Data

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ATTOM’s new Rental AVM (Automated Valuation Model) delivers automated rental estimates, arming real estate professionals with reliable values to make better decisions ATTOM, a leading curator of real estate data nationwide for land and property data, is pleased to announce it has added yet another new data product to the ever-expanding ATTOM Table of Data Elements – the ATTOM Rental AVM (Automated Valuation Model). This new solution, built from the foundation of the company’s

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