Austin, Seattle, Denver, San Francisco, and Raleigh top the list of cities with the most momentum for STEM job growth Leading real estate advisory firm RCLCO Real Estate Consulting, announced the results of their 2024 STEM Job Growth Index (STEMdex), which projects which metropolitan areas will...
News Updates
New AARP Report
Majority of Adults 50-plus Want to Age in Place, But Policies and Communities Must Catch Up AARP's national 2024 Home and Community Preferences Survey reveals that a strong majority of adults aged 50 and older (75%) wish to remain in their current homes as they age, and 73% hope to stay in their...
HOME FLIPPING DECLINES AND INVESTOR PROFITS STUMBLE ACROSS U.S. DURING THIRD QUARTER OF 2024
Typical Raw Flipping Profit Drops to $70,000; Flipping Rate Also Decreases to Low Point Over Past Year ATTOM, a leading curator of land, property data, and real estate analytics, released its third-quarter 2024 U.S. Home Flipping Report showing that 74,618 single-family homes and condominiums in...
HOUSING MARKETS FACING GREATER RISK OF DECLINE CONCENTRATED IN CALIFORNIA, NEW JERSEY, ILLINOIS AND FLORIDA
New York City and Chicago Areas More Vulnerable to Drop-offs Along with Inland California; South Still Faces Relatively Small Exposure ATTOM, a leading curator of land, property data, and real estate analytics, released its latest Special Housing Market Impact Risk Report spotlighting county-level...
Expert Panel Upwardly Revises Home Price Growth Outlook, Still Expects Deceleration in 2025 and 2026
Panel Also Forecasts Stagnant Home Sales and Only Modestly Lower Mortgage Rates Following an average expectation for national home price growth of 5.2 percent in 2024, a panel of over 100 housing experts forecasts home price growth to decelerate to 3.8 percent in 2025 and 3.6 percent in 2026,...
Leni Launches Industry-First Universal Data Model for Multifamily Real Estate
Leni Launches Universal Data Model (UDM): A Groundbreaking Milestone for Multifamily Real Estate Data Integration Leni, the leading AI-powered decision-support platform for real estate, is proud to unveil its Universal Data Model (UDM)—a revolutionary innovation redefining data integration and...
Wrightwell, Formerly Vantage, Secures New Financing Round and Partners with Bain Capital and Saluda Grade to Invest Up To $300M in U.S. Housing
Wrightwell will utilize new funding to drive nationwide expansion of its full-service real estate investment and operating platform. Together with Bain Capital and Saluda Grade, the strategic partnership seeks to invest up to $300 million to expand U.S. single-family rental (SFR) and...
Evernest Acquires Property Management Division of Picket Homes
Evernest, a national, full-service real estate and property management firm, announced the acquisition of certain assets of Elara, the property management division of Picket Homes. The acquisition solidifies Evernest's position as one of the largest institutional third-party property...
Pending Home Sales Rise After Post-Election Surge in Home Tours
Pending sales posted a big year-over-year increase this week, partly because the boom in early-stage homebuying demand Redfin saw just after the election is translating to sales and partly because Redfin is comparing it to a period in 2023 that included Thanksgiving. U.S. pending home sales rose...