News Updates – Page 26 – REI INK
REI INK

News Updates

Realtor.com® August Rental Report: Rental Affordability Has Generally Improved In Most Major U.S. Markets

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Most Affordable Markets Include Oklahoma City, Okla., Columbus, Ohio and Austin, Texas and Least Affordable Markets Include Miami, Los Angeles and New York  Despite seasonally driven demand, rents across the U.S. dipped by $5 (or -0.3%) year-over-year and nationwide to a median rent of $1,753, according to the Realtor.com® August Rental Report. Although affordability improved as a top-level trend, affordability varies widely by metro area and did not improve everywhere. This month’s report looked at the rent burden across the U.S. and

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Move over, gyms and pools: Renters want pet areas and happy hour

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New data from Zillow Rentals identifies today’s most in-demand rental amenities Renters are rethinking what they want and need in a home, looking beyond buildings with traditional rental amenities in favor of those with features and services that better suit their lifestyle and budget. New research from Zillow Rentals® finds listings with a turfed pet area, coworking space or community happy hours are drawing more interest than listings with typical luxury

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HOME FLIPPING ACTIVITY DIPS SLIGHTLY WHILE PROFITS INCH UP IN Q2 2024

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Flipping Rate Follows Usual Springtime Downward Track While Profits Keep Moving Slowly Higher; Investment Returns Still Hovering Around Modest 30 Percent Level Nationwide; Typical Raw Flipping Profit Rises Close to $75,000 ATTOM, a leading curator of land, property data, and real estate analytics, released its second-quarter 2024 U.S. Home Flipping Report showing that 79,540 single-family homes and condominiums in the United States were flipped in the second quarter. Those transactions represented 7.5

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ServiceLink’s Antonio Little promoted to vice president, two national sales executives hired

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ServiceLink, the nation’s premier provider of tech-enabled services for all phases of the mortgage lifecycle, is pleased to announce the promotion of Antonio Little to vice president, national sales manager in the origination division, where he will oversee account executives across the country. Known for his warm personality and ability to gain trust, Little is a sought-after leader with 24 years of industry experience, eight of which he’s spent at ServiceLink. He

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HazardHub Provides Critical Hurricane Risk Data and Maps

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Guidewire announced the availability of critical data and maps detailing hurricane risk at the national, state, and local levels in the United States. This service leverages HazardHub’s more than 1,000 data points and risk scores for climate risks and extreme weather events. Top States for Hurricane Risk The top ten states for hurricane risk, based on the percentage of properties rated as “D” (high) or “F” (very high) risk for hurricane damage in

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U.S. FORECLOSURE ACTIVITY DECLINES BOTH MONTHLY AND ANNUALLY IN AUGUST 2024

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Foreclosure Starts Decrease 5.1 Percent from Last Month;  Completed Foreclosures Decrease 12 Percent from Last Month ATTOM, a leading curator of land, property, and real estate data and analytics, released its August 2024 U.S. Foreclosure Market Report, which shows there were a total of 30,227 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — down 5.3 percent from a month ago and down 11 percent from a year ago.  “Foreclosure

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