Home Price Growth Expected to Decelerate in 2025 as Affordability Remains Stretched Following annual revisions to the national accounts and an improvement in payroll employment growth in both August and September, the economy now appears to be on firmer footing than previously thought, according...
News Updates
LexisNexis U.S. Home Trends Report Highlights Impact of Severe Storms as Catastrophic Claims Climb to Record Levels
2024 LexisNexis Home Trends Report highlights why home insurance has increased for homeowners as loss costs across all perils rise for the fifth year in a row LexisNexis® Risk Solutions released its ninth annual LexisNexis U.S. Home Trends Report, providing an updated view of by-peril trends in...
RE/MAX NATIONAL HOUSING REPORT FOR SEPTEMBER 2024
Inventory Grows as Home Sales Cool, Prices Dip Slightly The number of homes for sale climbed for the seventh consecutive month across the 52 metro areas surveyed – 6.4% higher than August and 33.6% above September 2023 levels. New listings also increased 9.7% compared to September 2023. At the...
Nearly 1 in 10 Gen Zers Who Plan to Move Soon Cite Abortion Access as a Reason
Most homeowners and renters want to live in a place where abortion is legal, with some survey respondents indicating they’re moving to a different area to live somewhere abortion is legal and accessible Seven percent of Gen Zers who plan to move soon say one reason is to live in a place where...
Bright MLS September 2024 Housing Report: Falling Mortgage Rates Bring More Buyers
New pending sales higher while prices continue to rise Through September, the number of home sales in the Mid-Atlantic had been tracking at about the same level as last year. However, an uptick in new pending sales suggests that market activity will pick up in the 4th quarter. There was a total of...
Incenter Insurance Solutions’ Profit Sharing Renters Program Turns Property Owners’ Risks into Revenue
Innovative Program is also a Boon for Renters, Who Can Forgo Security Deposits, Protect their Belongings and Keep their Pets Incenter Insurance Solutions, a national broker, announced a new Profit Sharing Renters Program that enables property owners and property managers to capitalize on the...
U.S. FORECLOSURE ACTIVITY DECREASES IN Q3 2024
Foreclosure Starts Down 10 Percent from Last Year; Bank Repossessions Down 12 Percent from Last Year ATTOM, a leading curator of land, property data, and real estate analytics, released its Q3 2024 U.S. Foreclosure Market Report, which shows a total of 87,108 U.S. properties with a foreclosure...
Newsweek Names Cornerstone Building Brands Among America’s Greatest Workplaces 2024
Third Newsweek Award in 2024 Recognizes Cornerstone Building Brands’ Commitment to Fostering a Positive and Supportive Work Environment Cornerstone Building Brands, Inc. (“Cornerstone Building Brands”), a leading manufacturer of exterior building products in North America, has been named one...
CoreLogic: Final Estimated Damages for Hurricane Helene to be Between $30.5 Billion and $47.5 Billion
Total insured loss estimated at $10.5 to $17.5 billion CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, announced its updated and final damage estimates for Hurricane Helene. According to this new and final data analysis, total flood and wind losses...