Returns on Typical U.S. Home Sales Increase Slightly to 56 Percent; Margins Generally Flat Even as Median U.S. Home Price Hits New High During Spring Buying Season; Median Raw Profits Rise Back Over $130,000 ATTOM, a leading curator of land, property, and real estate data,...
Welcome to the Florida Real Estate and Entrepreneurship Podcast! Carole Ellis is the editor and feature writer of REI INK, with expertise in market analytics for real estate. Carole, also a ghostwriter, has been in the real estate industry since 2006. She offers a unique perspective by writing...
Mortgage rates dropped to their lowest level since February after the latest CPI report showed inflation cooling. Still, pending home sales posted their biggest decline in eight months The typical U.S. homebuyer’s monthly housing payment was $2,722 during the four weeks ending July 14, $115 lower...
Median asking rent fell -0.4% in June, with declines seen across all unit sizes amid mixed regional conditions Rents fell again in June, with especially large declines in the South, where there's been an influx of new rental units, according to the Realtor.com® Rental Report. The median asking...
Inventory Continues to Increase Amid Modest Median Price Growth and Home Sales Decline June home sales declined 7.2% from May's strong showing and were down 11.6% year over year – atypical considering June historically has more sales than May. Across the 50 metro areas surveyed, inventory rose...
REAL ESTATE INVESTOR SENTIMENT JUMPS 16% Real estate investor sentiment jumped by 16% from the previous quarter, according to the new RCN Capital/CJ Patrick Company Investor Sentiment Index™. Sixty percent of investors viewed today's market as better or much better than it was a year ago, compared...
NAIOP Commends "Revitalizing Downtowns and Main Streets Act" Introduced in the U.S. House of Representatives NAIOP, the Commercial Real Estate Development Association, commends the introduction of the "Revitalizing Downtowns and Main Streets Act," which establishes a new 20% tax credit to make...
Homebuyers on a $3,000 monthly budget have gained over $20,000 in purchasing power since mortgage rates peaked in the spring A homebuyer on a $3,000 monthly budget can afford a $447,750 home with a 6.85% mortgage rate, the daily average as of July 11, according to a new report from Redfin...
U.S. Foreclosure Starts Decrease 3.5 Percent in First Six Months of 2024; Average Days to Complete a Foreclosure Up Second Quarter in a Row; June and Q2 2024 Foreclosure Activity Post Annual Declines ATTOM, a leading curator of land, property and real estate data, released its Midyear 2024 U.S....
