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News Updates

33 Holdings LLC & Beers Housing Inc., Merge Operations & Service Lines

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Creates a Vertically Integrated Real Estate Platform 33 Holdings LLC announced the signing of a merger agreement to acquire interest in Beers Housing Inc., a General Contractor and a leading service provider in mortgage field services, maintenance, rehab, construction and development in the southeast US. The M&A is expected to strengthen 33 Holding’s vertically integrated real estate platform executing value-add and opportunistic real estate projects. Joining 33 Holdings LLC is an incremental progression

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2020 Census Statistics Highlight Local Population Changes and Nation’s Racial and Ethnic Diversity

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U.S. Census Bureau Delivers Data for States to Begin Redistricting Efforts The U.S. Census Bureau released additional 2020 Census results showing an increase in the population of U.S. metro areas compared to a decade ago. In addition, these once-a-decade results showed the nation’s diversity in how people identify their race and ethnicity. “We are excited to reach this milestone of delivering the first detailed statistics from the 2020 Census,” said acting Census

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July 2021 U.S. Foreclosure Activity Declines Slightly As Government Moratorium Comes To An End

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Foreclosure Starts Decrease 4 Percent from Last Month; While Completed Foreclosures Increase 5 Percent from Last Month ATTOM, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), the largest online marketplace for foreclosure and distressed properties, released its July 2021 U.S. Foreclosure Market Report, which shows there were a total of 12,483 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — down 4

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Homebuying and Selling Sentiment Remain Polarized

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Seventy-Five Percent of Consumers Believe It’s a Good Time to Sell The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 3.9 points to 75.8 in July, as consumers continue to report concerns related to high home prices and a lack of homes for sale. While all six components declined month over month, the “Good Time to Buy” and “Good Time to Sell” components once again produced the most notable results. On

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New Report From HouseCanary Shows Affordable Properties Remain Out of Reach Due to Tight Supply, Steep Prices

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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 to the Year Prior, Signaling That Record-High Home Prices May Be Causing Some Buyers to Retreat HouseCanary, Inc. (“HouseCanary”), a national brokerage known for its real

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Hard Money Lender Accelerates Past Major Milestone in Lending

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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 at record pace. “If it were not for the loyalty of our investors and the ingenuity of our borrowers, Ignite Funding would not have had the opportunity to sprint past this milestone,” states Carrie

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