Roofstock, a leading real estate services and investment platform specializing in the single-family rental (SFR) sector, is excited to announce the additions of Justin Yagerman as its new Head of Capital Markets and Paul Briggs as its new Head of Research and Investment Strategies. With over two...
News Updates
HouseCanary Report Finds Rental Inventory Surges in Q2 2023, Signaling Hope for Price Decreases
HouseCanary, Inc. (“HouseCanary”), a national brokerage known for its real estate valuation accuracy, released its latest National Rental Report, highlighting that listing inventory is up 70% year-over-year and days on market is up 50% year-over-year as median monthly rent prices have...
The Typical U.S. Homebuyer’s Monthly Payment Is Up Nearly 20% From a Year Ago As Prices Rise
The median U.S. home-sale price is up 3.2% year over year, the biggest increase since November, and mortgage rates remain elevated The typical U.S. homebuyer’s monthly mortgage payment was $2,605 during the four weeks ending July 30, up 19% from a year earlier and down just $32 from early July’s...
PURE Property Management Completes 70th Acquisition
Profitable Proptech Now Managing 25,000+ Residential Properties Across 50 Major U.S. Residential Markets PURE Property Management, the fastest-growing residential property management and technology company in the U.S., announced today that it has completed 70 acquisitions since its start...
First-Time Buyers Need to Earn 13% More Than a Year Ago to Afford the Typical U.S. Starter Home
The income needed to afford a starter home has risen over 20% in Fort Lauderdale, FL, and Miami, more than anywhere else in the country A first-time homebuyer must earn roughly $64,500 per year to afford the typical U.S. “starter” home, up 13% ($7,200) from a year ago, according to a...
CHALLENGING CASE SHILLER AND THE TWO-MONTH DELAY IN TRACKING NATIONAL HOME PRICES
Newly Available Data Science Reduces the Reporting Time to Days Instead of Months Quantarium, a Seattle-headquartered national real estate AI technology firm, is challenging the assumption that the U.S. housing market needs to wait two months to reliably find out how home prices are changing....
EQUITY IMPROVES FOR U.S HOMEOWNERS AS HOUSING MARKET BOOM SHOWS SIGNS OF REVIVAL
Equity-Rich Portion of Mortgaged Homes Rises Back Up Amid Home-Price Rebound; Half of all Homeowners Paying Mortgages are Equity-Rich; Seriously Underwater Level of Mortgages Also Sees Improvement ATTOM, a leading curator of land, property, and real estate data, released its second-quarter...
GREAT GULF GROUP LAUNCHES BEACON RESIDENTIAL BRAND AS ITS BUILD-TO-RENT PORTFOLIO SEES GROWING SUCCESS IN U.S. SUN BELT
Active since 2020, Beacon Residential builds on Great Gulf's existing build-to-rent portfolio, spanning seven U.S. markets and representing 16 communities and over 2,300 homes Great Gulf Group is pleased to announce the launch of the Beacon Residential brand, the company's purpose-built,...
Redfin Reports Home Prices Climb 2% From a Year Ago, With Low Supply Fueling Competition
Prices posted their biggest increase in over seven months, with more demand than supply as high mortgage rates deter sellers The typical U.S. home sold for $382,500 during the four weeks ending July 16, up 2.1% from a year earlier. That’s the biggest increase since December 2022 and the second...








