Inventory Grows While Declines in Sales, New Listings Soften Seasonal declines in home sales and new listings softened in October while inventory grew for a seventh consecutive month across the 53 metro areas surveyed. Home sales dropped 4.6% from September to October, far less than the 13.5%...
Market activity tracking closely to 2022 levels There were 18,331 new pending sales in the Mid-Atlantic in October, just 3.2% lower than October 2022. The year-over-year difference is the smallest recorded in 2023. New listings were also noticeably closer than the 20-30% gap seen in most...
Rents fell for the second consecutive month to a national average $1,718 Multifamily fundamentals continued to soften and impact rents last month, according to the latest Yardi® Matrix National Multifamily Report. The average U.S. asking rent dropped $3 to $1,718 in October,...
SVN | SFRhub Marketplace (previously SVN | SFRhub Advisors), the premier nationwide platform for investors seeking to buy, sell, finance, insure and manage single-family residential (SFR) and Build-for-Rent (BFR) rental investment portfolios, has strategically expanded its technology platform in...
Urban Land Institute and PricewaterhouseCoopers Release 2024 "Emerging Trends in Real Estate" Report; San Antonio Ranks No. 8 in Top Markets to Watch The Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC) recently released its "Emerging Trends in Real Estate" report for 2024, and San...
MCS self-performing network expands to 25 markets with more expected; Network includes regional Service Centers and dedicated MCS Project Managers MCS, the national property services company founded in 1986, has continued the national expansion of its self-performing network, designed to support...
Asking rents were little changed from a year earlier for the seventh-straight month as an increase in new units hitting the market drove up vacancies, making it harder for landlords to raise prices. The median U.S. asking rent in October was $1,978, little changed (-0.3%) from a year earlier, but...
SingleSource's appraisal modernization and data collection solutions help lenders reduce cycle times and increase efficiency. SingleSource Property Solutions, a leading provider of property services supporting the U.S. housing industry, announced it now offers data collection suites and a...
Housing Market Frustrations Continue, Too, with Survey-Record 85% of Consumers Saying It's a 'Bad Time' to Buy a Home The Fannie Mae Home Purchase Sentiment Index® (HPSI) remained largely flat in October, as consumer frustration toward housing unaffordability and an economy battling inflation...
