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...
News Updates
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...
U.S. MORTGAGE LENDING RISES IN Q3 2024 AMID REFINANCING SURGE, BUT REMAINS BELOW HISTORIC HIGHS
Residential Lending Grows Just 2 Percent Even as Rates Keep Declining; Refinance and Home-Equity Deals Rise While Purchase Loans Decrease ATTOM, a leading curator of land, property data, and real estate analytics, released its third-quarter 2024 U.S. Residential Property Mortgage Origination...
Recent Rate Run-Up Expected to Keep Existing Home Sales Near Historic Lows Through 2025
Economy Remains on Strong Footing, though Core Inflation Remains Sticky Existing home sales are now expected to rise only 4 percent next year from a 2024 pace that is on track for a nearly 30-year low, according to the November 2024 commentary from the Fannie Mae (OTCQB: FNMA) Economic and...










