Gap between families and available homes widens and likely continues to grow A lack of affordable homes has created millions of "missing households," keeping families in shared homes and unable to strike out on their own More than two-thirds of these missing households earn less...
Flipping Rate Across U.S. Rises Close to High Point This Century; Typical Profit Margins Inch Up but Still Near Lowest Level Since 2000; Raw Profits Remain Near 10-Year Low ATTOM, a leading curator of land, property, and real estate data, released its first-quarter 2023 U.S. Home Flipping Report...
National lender for real estate investors to make $51.4 million investment and create approximately 300 new jobs in new County Square development Lima One Capital, one of the nation’s premier lenders for real estate investors, announced plans to expand its U.S. headquarters in Greenville County,...
Inventory has posted its biggest decline in over a year, with homeowners hanging onto their comparatively low mortgage rates The total number of U.S. homes for sale dropped 6% from a year earlier during the four weeks ending June 11, the biggest decline in 13 months. That’s according to a...
Cenlar FSB, the nation’s leading mortgage loan subservicer, announced that Thomas “Tom” Donatacci has joined the company as Senior Vice President and Investor Relations Officer. Tom, who is a well-known leader in the mortgage sector, has extensive experience in servicing transactions and...
Oregon and Washington Among Higher-Priced Areas of Nation Absorbing More of Recent Market Decline Based on Key Measures from First Quarter of 2023; Other Areas of U.S. in Lower Price Ranges Showing Less Impact from Downturn ATTOM, a leading curator of land, property, and real estate...
With Limited Inventory, the Mid-Atlantic Market Remains Competitive The median home price in the Mid-Atlantic region in May was $400,000, the highest sales price on record, a 0.3% increase over a year ago Active listings at the end of May were up 1.5% compared to a year ago, though supply is...
Veteran Startup HR Leader to Help Take Company to the Next Level Poplar Homes, the tech-enabled property management company changing the way independent single-family rental investors and multifamily owners manage their rental properties, announced that Lydia Bowers joined the company as Chief...
Nationwide, rents declined 1% from a year earlier in May—the largest drop since 2020—as a building boom increased supply and economic uncertainty cooled demand The median U.S. asking rent fell 0.6% year over year to $1,995 in May—the largest annual decline since March 2020—according to a...
