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 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, 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 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...
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...
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...
Growing supply of multifamily housing suggests a 1.1% increase in rental stock to more than 49 million units by next fall, with the biggest increases in the South and West. Rents fell by -0.8% to $1,720 in October, marking their fifteenth consecutive month of year-over-year declines and falling...
Price increases continue to slow down after post-COVID surge, but have risen almost 70% in the past decade The cost of home repairs and remodeling in the third quarter of 2024 continued to increase, rising by 1.08% from the prior quarter and just over 3.35% from the third quarter of 2023 according...
Redfin reports that this year marked the first time since 2010 that low-risk homes across three major climate categories—heat, fire and flood—gained value faster than high-risk homes. That may be a sign Americans are growing more responsive to natural disasters. For the first time since 2010,...
