News Updates

MCS OPENS SELF-PERFORMING SERVICE CENTER IN MEMPHIS

Appoints Chad Henry as Regional Operations Director MCS, the national property services company founded in 1986, announced the opening of its latest self-performing Service Center in Memphis, TN, serving Tennessee and the surrounding areas. This announcement represents the latest addition to the company’s growing network of self-performing capabilities supporting all facets of the default mortgage, property preservation, commercial and residential rental segments. MCS now has “boots-on-the-ground” representation in 25 markets

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Marcus & Millichap Publishes Institutional Multifamily Market Intelligence Report

Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced it has released its Markets with Momentum report. The report cites key national multifamily performance statistics from February on rent growth, lease renewals, and vacancy. Five select markets with significant momentum are highlighted. “While markets that registered the most performance momentum early this year are mostly in areas where

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Sharestates Wins Landmark Decision Enforcing Mortgage Integrity

Sharestates, an originator and servicer in the private lending and loan syndication industry, announced a landmark legal victory in a case at the heart of mortgage enforcement and lending industry business practices. The case is considered a landmark victory with wider industry implications because the court’s ruling underscores the principle that if a party takes out a mortgage and receives its benefits, the mortgage will be deemed valid, and parties who

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It’s Almost Here – The Best Time to Sell is April 14-20

Nationally, the week of April 14 will have the best mix of market conditions for sellers, who could get $34,000 more for their home than at the start of the year Those looking to sell their home this year should start to get ready now, as the best week to sell a home is April 14-20, 2024, according to a new analysis from Realtor.com®. Nationwide, sellers listing during that week are likely to see the best conditions for listing

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HOME FLIPPING PLUMMETS ACROSS U.S. IN 2023 AS PROFITS SLUMP AGAIN

Flipping Activity by Investors Declines at Fastest Pace in 15 Years; Investment Returns on Flips Sink to Lowest Level Since 2007; Two-Thirds of Flipped Homes Still Purchased with Cash ATTOM, a leading curator of land, property, and real estate data, released its year-end 2023 U.S. Home Flipping Report, which shows that 308,922 single-family homes and condos in the United States were flipped in 2023. That was down 29.3 percent from 436,807

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Concessions cool as spring rental season approaches

Property managers’ race to woo tenants eases, signaling a tighter market for renters this spring After a winter that saw nearly a third of rental listings offering tenants tempting concessions such as free months of rent or free parking, Zillow’s latest data reveals the share of rentals offering perks may have hit its peak. The good news for renters is that the market is friendlier than it was a year

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