Only 14% of Consumers Believe It's a Good Time to Buy a Home, a New Survey Low The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 0.6 points in November, remaining within the bounds of the low-level plateau it established in the first half of 2023. Consumers' perceptions...
News Updates
Simply Homes Secures $22M to Expand US Affordable Housing
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...
BofA Report Shows Fewer Prospective Homebuyers Willing to Wait for a Better Market Environment
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...
Rently and PlanOmatic Partner to Deliver Time-Saving Photo Feed Automation
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...
HOUSING MARKETS FACING GREATER RISK OF DOWNTURNS CLUSTERED IN CALIFORNIA, NEW JERSEY AND ILLINOIS
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 MELD TO RELEASE AI SUITE ADDRESSING KEY CHALLENGES IN PROPERTY MAINTENANCE COMMUNICATION
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...
Zillow predicts more homes for sale, improved affordability in 2024
Home buying will remain expensive, so expect a competitive market for homes that need some work and for single-family rentals Affordability will remain a challenge, but Zillow expects buyers to have more options and a bit more financial breathing room in 2024. Rental market competition will...
COST OF HOME REPAIRS INCREASES BY 6.6% FROM Q3 2022
Prices rise nationally by more than 64% over the past decade The cost of home repairs and remodeling in the third quarter of 2023 jumped by 6.6% nationally compared to a year earlier according to the new Verisk Remodel Index. Costs rose 1.7% from the second quarter of 2023 and are at the highest...
HOME-MORTGAGE LENDING DECLINES AGAIN ACROSS U.S. DURING THIRD QUARTER AS MORTGAGE RATES CLIMB
Residential Loans Drop 3 Percent After Brief Second-Quarter Surge; Purchase and Home-Equity Lending Both Down 7 Percent Following Earlier Gains; But Refinance Activity Rises for Second Straight Quarter ATTOM, a leading curator of land, property, and real estate data, released its third-quarter...









