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News Updates

Simply Homes Secures $22M to Expand US Affordable Housing

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Funding will go towards buying homes in major Midwest markets to address the public housing crisis and create economic mobility Simply Homes, an automated Single Family Rental (SFR) sourcing and underwriting platform developed to help solve the affordable housing crisis by mobilizing stagnant housing stock for use in the Housing Choice Voucher (HCV) program, announced $22M in funding for operations and real estate acquisitions. The financing is led by Gutter Capital and

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BofA Report Shows Fewer Prospective Homebuyers Willing to Wait for a Better Market Environment

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62% willing to wait for prices and/or rates to fall before buying a home, down from 85% just six months ago Prospective homebuyers’ patience may be waning, with fewer willing to wait until home prices or interest rates come down to purchase a home, according to new data from the Bank of America Homebuyer Insights Report (PDF). Today, 62% are willing to wait for prices and/or rates to fall before buying a

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Rently and PlanOmatic Partner to Deliver Time-Saving Photo Feed Automation

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Integration enables faster syndication, accelerates time-to-market  Rently, a leading provider of self-touring and smart home technology solutions, and PlanOmatic, a nationwide provider of quality photography, floor plans, and 3D tours for the single-family rental industry, are pleased to announce a new photo feed integration partnership that instantly syncs PlanOmatic property photos to their corresponding vacant listings on Rently’s ILS and its syndicated sites for single-family rental listings.  The Rently-PlanOmatic photo feed integration eliminates

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HOUSING MARKETS FACING GREATER RISK OF DOWNTURNS CLUSTERED IN CALIFORNIA, NEW JERSEY AND ILLINOIS

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New York City and Chicago Areas Again Have Higher Concentrations of Markets More Exposed to Declines, Based on Third-Quarter Data; At-Risk Markets Have Weaker Foreclosure, Underwater and Job Measures; Less-Vulnerable Areas Mainly in South, Midwest and New England ATTOM, a leading curator of land, property, and real estate data, today released a Special Housing Risk Report spotlighting county-level housing markets around the United States that are more or less vulnerable to

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PROPERTY MELD TO RELEASE AI SUITE ADDRESSING KEY CHALLENGES IN PROPERTY MAINTENANCE COMMUNICATION

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Property Meld, the leading residential property maintenance software company, announced today a suite of AI Communication tools aiming to solve the significant challenges around correspondence throughout the lifespan of a maintenance request. The suite, launching on December 15, 2023, focuses on three major problem sets that impact the absorption of information, oversight, and efficiency for several critical stakeholders in the maintenance operation. “We’re incredibly excited to innovate in the property

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Zillow predicts more homes for sale, improved affordability in 2024

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Home buying will remain expensive, so expect a competitive market for homes that need some work and for single-family rentals The housing market’s headline news this year has been the affordability challenge brought on by mortgage rates reaching 20-year highs. Looking ahead to 2024, Zillow® predicts home buyers will have a bit more breathing room — but only a bit.  Buying a home will remain expensive, keeping pressure on the rental market

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