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News Updates

ZOMBIE FORECLOSURES HOLD STEADY DURING THIRD QUARTER

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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 data, released its third-quarter 2023 Vacant Property and Zombie Foreclosure Report showing that 1.3 million (1,277,612) residential properties in the United States are vacant. That figure represents

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Student Housing Preleasing Nears Record High

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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 performance, with insight on preleasing and rental rates, are now being delivered on a monthly basis. As of July, 90.1 percent of beds at Yardi 200 universities were preleased for

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OPPORTUNITY ZONE HOUSING MARKETS REBOUND IN Q2 2023 ALONG WITH REST OF NATION

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Median Home Values Increase After Period of Decline in Majority of Opportunity Zones Targeted for Economic Redevelopment Around U.S. ATTOM, a leading curator of land, property, and real estate data, released its second-quarter 2023 report analyzing qualified low-income Opportunity Zones targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act of 2017. In this report, ATTOM looked at 3,909 zones around the United States with sufficient data to analyze, meaning they

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RE/MAX National Housing Report for July 2023

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July Sales Down but Inventory is Up, Sellers Get Their Asking Price July marked the first month-over-month decline in home sales since April, signaling that perhaps the peak of summer buying is beginning to taper. Growth in the inventory of homes for sale inched up alongside modest increases in interest rates despite strong consumer demand. July home sales declined 14.7% from June and 16.1% compared to a year ago. The

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Roc360 Announces Additional Capital Sources

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Roc Capital Holdings LLC (“Roc360”, the “Company”), a vertically integrated platform for residential real estate investors and a leading originator of business-purpose loans, and Temasek, a global investment company headquartered in Singapore, announced the launch of Roc360 Real Estate Income Trust Inc (“Roc360 REIT”). The externally managed mortgage REIT will invest in business purpose loans for residential real estate investment properties principally originated by Roc360. Since its founding, Roc360’s core focus has

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Inc. 5000 Ranks Poplar Homes Among the Fastest-Growing Private Companies in America

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Poplar is among the top 13 fastest-growing companies in the San Jose, CA, metro and top 31 in real estate Inc. revealed today that Poplar Homes is No. 865 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. In addition to making its debut on the Inc. 5000 in the top third of the overall list, Poplar Homes ranked as the 13th fastest-growing

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