REI INK

News Updates

OZ FundHub Launches New Opportunity Zone Online Platform

  • by
  • Comment Off
  • 555 views

Connecting Opportunity Zone Investors to Qualified Opportunity Zone Funds OZ FundHublaunched a new online platform serving as a neutral marketplace for Opportunity Zone (OZ) investors and Qualified Opportunity Funds (QOFs) to connect. OZ FundHub will provide educational tools for investors to learn about OZ investing and as an informational marketplace to find the right funds for their specific investment requirements and needs. OZ FundHub was created to address the needs

Read More

HOME FLIPS INCREASE BUT PROFITS DECLINE ACROSS U.S. IN 2021

  • by
  • Comment Off
  • 456 views

Number of Homes Flipped in United States Rises to Highest Level in 15 Years Profit Margins on Flipped Homes Drop at Unusually Fast Pace Percentage of Flips Purchased with Cash Increases ATTOM, a leading curator of real estate data nationwide for land and property data, released its year-end 2021 U.S. Home Flipping Report, which shows that 323,465 single-family homes and condos in the United States were flipped in 2021. That was up 26 percent from 2020,

Read More

WORD OF THE DAY: Nebulous

  • by
  • Comment Off
  • 2,522 views

[ne-byə-ləs] Part of speech: Adjective Origin: Latin Definition: Hazy or cloudy, either literally or figuratively; having to do with a cosmic nebula Examples of Nebulous in a sentence “He’s very creative, but his ideas are always a bit nebulous and vague.” “We looked up at the nebulous clouds of green and purple in the night sky.” About Nebulous The largest cosmic nebula that we know of is the Tarantula Nebula. It’s 1,862 lightyears across.

Read More

Challenging Housing Market Results in Nearly 80% of Homeowners Preferring to Renovate Than Move

  • by
  • Comment Off
  • 351 views

42% of homeowners say rising interest rates are delaying their home improvements; nearly half that are planning projects have encountered material delays In light of a difficult housing market filled with high home prices and low supply, Discover Home Loans issued a survey to better understand homeowners’ attitudes towards home improvements, purchasing and refinancing. According to its survey, Discover found 79% of homeowners would rather renovate their current home than move to

Read More

Single-Family Rental Home Providers Shift to Build-for-Rent to Address Housing Shortage

  • by
  • Comment Off
  • 412 views

Providers of single-family rental homes increasingly turned to the development of new housing over the past two years as a means of responding to housing market supply constraints and a corresponding surge in demand for single-family rental housing. According to data from the current Single-Family Rental Market Index (SFRMI), released this week and produced by the National Rental Home Council (NRHC) and John Burns Real Estate Consulting (JBREC), homes built

Read More

WORD OF THE DAY: Genteel

  • by
  • Comment Off
  • 929 views

[jen-ˈtēl] Part of speech: Adjective Origin: French, 16th century Definitions: Having a stylish or upper-class quality; elegant or refined; excessively polite to the point of being pretentious Examples of Genteel in a sentence “The genteel furnishings in her room stood out from the otherwise broken-down nature of the house.” “Genteel matters don’t concern those of us who have to focus solely on survival.” About Genteel If genteel looks familiar, that’s because it shares roots with

Read More