News Updates

4Q23 Fix and Flip Survey is now LIVE!

REI INK has partnered with National Private Lenders Association and John Burns Research and Consulting to give you the chance to participate in a survey of fix-and-flip market conditions. At the end of the survey, you can select a free metro-level data report for each market you rate (up to 3) to help inform you and your business. Data includes statistics on sales, prices, rents, demand, supply, and affordability. Participants

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Buffalo charges to the top of Zillow’s 2024 hottest markets list

Affordability and job growth push the Great Lakes, Midwest regions to the forefront of the forecast Buffalo, New York, will be the hottest major housing market this year, according to a new analysis by Zillow®. Affordability is the most powerful force driving real estate, bringing lower-cost markets in the Great Lakes, Midwest and South regions to the top of Zillow’s 2024 rankings.  “Housing markets are healthiest where affordable home prices and

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2023’s Housing Market Woes Extend into 2024: Low Supply and Unaffordability

Veros Real Estate Solutions (Veros®), an industry leader in enterprise risk management and collateral valuation services, released its 2023 Q4 VeroFORECASTSM that anticipates nationwide home prices, on average are expected to increase 2.4% over the next 12 months, compared to last quarter’s forecast of a 2.2% increase, signaling a continued rise in prices. VeroFORECASTSM evaluates home prices in over three hundred of the nation’s largest housing markets, and Veros is committed to the data

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US Real Estate Service Market Outlook to 2028

The “US Real Estate Service Market Outlook to 2028” report has been added to ResearchAndMarkets.com’s offering. The US Real Estate Service market has been experiencing robust growth, driven by a convergence of factors. Historically low mortgage rates encourage more people to buy homes or invest in real estate, as it makes financing more affordable. Low interest rates can increase demand for property and drive market growth. Population growth, especially in urban areas, increases the

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Primerica Household Budget Index™: Middle-Income Households’ Purchasing Power Reaches Break-Even Level

Spending power improvements a positive sign, yet financial recovery still underway Primerica, Inc. (NYSE: PRI), a leading provider of financial services in the United States and Canada, announced the release of the Primerica Household Budget Index™ (HBI™), a monthly index illustrating the purchasing power of middle-income households with incomes between $30,000 and $130,000. In November 2023, the average purchasing power for middle-income households was 100.5%, up from 99.1% in October.

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The Pandemic-Driven Migration Boom Is Waning, With the Share of Homebuyers Relocating at Lowest Level in 18 Months

Redfin reports the share of homebuyers moving to a different metro area is coming down from a peak as it becomes less feasible to work remotely The share of U.S. homebuyers looking to move to a different metro area declined for the third straight month in November, dropping to 23.9%. That’s the lowest share in a year and a half, according to a new report from Redfin (redfin.com), the technology-powered real estate

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