S&P Dow Jones Indices (S&P DJI) released the August 2024 results for the S&P CoreLogic Case-Shiller Indices. The leading measure of U.S. home prices recorded a 4.2% annual gain in August 2024, a slight decrease from previous levels in 2024. More than 27 years of history are available...
News Updates
ZOMBIE FORECLOSURES REMAIN SPARCE AROUND U.S. IN FOURTH QUARTER AMID ONGOING STRONG HOUSING MARKET
Zombie-Property Trends Follow Decrease in Overall Foreclosure Cases ATTOM, a leading curator of land, property data, and real estate analytics, released its fourth-quarter 2024 Vacant Property and Zombie Foreclosure Report showing that 1.4 million (1,355,909) residential properties in the United...
ServiceLink Welcomes Hemanth Panyam As Senior Vice President of Product Innovation
ServiceLink is reinforcing its commitment to innovative technology enhancements and expanding its best-in-class products and services with the appointment of Hemanth Panyam as its senior vice president of product innovation. Panyam, a data-oriented, hands-on leader, has more than 20 years of...
Roughly 4 in 5 U.S. Residents Believe There Should be Caps On Rent Hikes
The vast majority of respondents to a recent Redfin survey believe there should be caps on the amount landlords are allowed to increase rent, regardless of whether they’re Democrats or Republicans—however, Redfin economists say rent control worsens housing affordability in the long run More than...
HOME EQUITY GAINS LEVEL OFF AS U.S. HOUSING MARKET COOLS DOWN DURING THIRD QUARTER OF 2024
ATTOM, a leading curator of land, property data, and real estate analytics, released its third quarter 2024 U.S. Home Equity & Underwater Report, which shows that 48.3 percent of mortgaged residential properties in the United States were considered equity-rich in the...
U.S. COMMERCIAL FORECLOSURES SPIKE IN SEPTEMBER 2024 WITH SIGNIFICANT YEAR-OVER-YEAR INCREASE
Commercial Foreclosures Increased 15 Percent from Last Month and 48 Percent from Last Year; States with the Most Commercial Foreclosures in September 2024 Included California, New York, and Florida ATTOM, a leading curator of land, property data, and real estate analytics, released an updated...
LESSEN JOINS FORCES WITH PROPERTY MELD THROUGH VENDOR NEXUS PROGRAM, VALIDATING INDUSTRY’S PUSH FORWARD TO STRENGTHEN PROPERTY MAINTENANCE OPERATIONS
Property Meld, the leading property maintenance operations platform, proudly announces a groundbreaking partnership with Lessen, the largest vendor provider in the nation, with a market value of $2 billion. As part of Property Meld's revolutionary Vendor Nexus program, this partnership is set...
Pending Home Sales Jumped 2.5% in September, the Biggest Monthly Increase in Over a Year and a Half
Redfin reports that existing home sales, which are a lagging indicator, fell to a seasonally adjusted annual rate of 4,023,067. That’s the lowest level on record aside from the start of the pandemic. Pending home sales jumped 2.5% month over month in September on a seasonally adjusted basis, the...
Builders continue shift to condos and townhomes amidst affordability crisis
Markets with faster-rising home values have seen a greater surge in permitting, on average Builders finished about 1 million single-family homes in 2023, the second-largest number since the global financial crisis of 2007–2009. Starts for attached single-family homes rose 3% year over year, while...