U.S. home prices are down 2.7%, the smallest decline in over a month, and prices are dropping in fewer metros The median U.S. home-sale price fell 2.7% during the four weeks ending May 14, the smallest decline in over a month. That’s according to a new report from Redfin (redfin.com),...
Multifamily firm releases new pet data and announces a new brand hero timed with National Pet Month. Pet policies, such as size restrictions and pet deposits, are the top consideration for apartment dwelling dog-owners nationwide when looking for a new place to live (86%) – beating out...
New Home Construction Solidifies as Prospective Buyers Shift Further Away from Existing Home Market The economy is still expected to enter a modest recession in the second half of the year, though unusual dynamics in the current economic cycle continue to complicate forecasting the exact timing,...
Cost-of-living concerns are top of mind amongst Americans while rent-to-income ratios (RTI) remained elevated in Q1, according to Moody’s Analytics US State of Rent Burden report and data interactive tool. While seasonal slowness and rising multifamily inventory moderated rent...
Firm’s Customized Due Diligence and Document Management Services Enable Trading Participants to Reduce Risks and Act with Agility Incenter Diligence Solutions, a provider of due diligence and document management services for the mortgage industry, announces expanded offerings for the mortgage...
Foreclosure Starts Decrease 7 Percent from Last Month;While Completed Foreclosures Decrease 39 Percent ATTOM, a leading curator of land, property, and real estate data, released its April 2023 U.S. Foreclosure Market Report, which shows there were a total of 32,977 U.S....
A debt default is very unlikely, but new scenario projections from Zillow show sales would decrease sharply as mortgage costs balloon Mortgage rates could reach 8.4% in the unlikely event of a debt default, sending the mortgage payment on a typical home 22% higher by September. Home values would...
Leading builder of single-family rental communities climbs in rankings AMH, a leading owner, operator, and developer of single-family rental homes, has been recognized by BUILDER magazine as the 39th largest homebuilder in the United States on its 2023 Builder 100 List with...
Sales are ramping up while sellers take another step back Home values are up 1% from March to April, the largest jump since June and in line with historical norms. Pending sales are gaining ground on 2022 figures, now standing 21% below last April. The drought in new listings is deepening,...
