Powerhouse Team Launches Private Lender Built for Real Estate Investors CV3 Financial Services, LLC, announced the official launch of the company, a private lender, providing financing for fix-and-flip and rental properties to real estate investors in more than 20 states. The company was founded...
News Updates
Annual Growth Rate Accelerates as Home Prices Set New Record High
-- The Black Knight HPI hit another all-time high in July, with the annual rate of growth jumping to +2.3% from a revised +0.9% in June -- The reaccelerating annual growth rate was driven as much by the price declines of last July providing a lower starting point as it was by July...
HOME-MORTGAGE LENDING REVIVES ACROSS U.S. IN Q2 2023
Residential Loans Up 21 Percent Following Eight Straight Quarterly Declines; Purchase Lending Leads the Way, Spiking 29 Percent; Refinance and Home-Equity Activity Also Rise ATTOM, a leading curator of land, property, and real estate data, released its second-quarter 2023 U.S. Residential...
Pending Home Sales Ticked Up in July But Still Hovered Near Recent Low
Pending sales have stabilized following months of steep declines, but homebuyer demand remains below pre-pandemic levels July pending home sales rose 0.7% from a month earlier to the highest level since the start of the year on a seasonally adjusted basis, but were still only 5.4% above the low...
ARIXA CAPITAL ANNOUNCES STRATEGIC JOINT VENTURE WITH OAKTREE
Arixa Capital Advisors, LLC ("Arixa Capital" or "Arixa") announced the launch of a $100M strategic joint venture, with the ability to upsize in the future, with funds managed by Oaktree Capital Management, L.P. ("Oaktree") to originate senior secured loans backed by residential and...
Realtor.com® 2023 Hottest ZIP Codes in America Reveal Demand for Closer Commutes is Back
Affordability isn't the only priority for U.S. homebuyers, according to Realtor.com®'s ninth annual Hottest ZIP Codes report; Proximity to cities is key as many companies call workers back to the office For the first time in five years, the suburbs of five major metropolitan areas...
DEFAULT SERVICING INDUSTRY LEADERS EXPECT SLIGHT INCREASE IN FORECLOSURE VOLUME AND FALLING HOME PRICES TO END 2023
92% surveyed expect foreclosure volume to increase as roll rates from delinquency rise 85% surveyed expect home prices to decrease, eroding equity for distressed homeowners Respondents estimate seriously delinquent loans have less than 20% equity on average Nearly half of seriously delinquent FHA...
ZOMBIE FORECLOSURES HOLD STEADY DURING THIRD QUARTER
Count of Vacant Homes in Foreclosure Increases for Sixth Straight Quarter; Zombie Properties Increase as Foreclosure Activity Keeps Growing; But Portion of Homes Nationwide That are Empty in Foreclosure Remains Just One in 11,600 ATTOM, a leading curator of land, property, and real estate...
Student Housing Preleasing Nears Record High
Insights on sector performance now being delivered monthly for investors and owners The student housing sector continues to outperform as the Fall 2023 school year approaches, according to the August National Student Housing Report from Yardi® Matrix. Reports on national student housing...









