Foreclosure Starts Increase 4 Percent from Last Month, While Completed Foreclosures Increase 38 Percent ATTOM, a leading curator of land, property, and real estate data, released its May 2023 U.S. Foreclosure Market Report, which shows there were a total of 35,196 U.S. properties...
News Updates
House members introduce ‘Neighborhood Homes Investment Act’ to expand affordable homeownership opportunities and revitalize communities
500,000 homes could be constructed, renovated and sold under the bipartisan bill Representatives Mike Kelly (R-PA) and Brian Higgins (D-NY) introduced legislation to create a new tax incentive that would produce 500,000 starter homes in under-resourced communities over the next...
Poplar Homes Acquires Venture REI’s Single-Family Property Management Business
Acquisition adds more than 150 homes to Poplar's growing management portfolio, marks company's entry into Arizona Poplar Homes, the tech-enabled property management company changing the way independent single-family rental investors and multifamily owners manage their rental properties, today...
Setpoint Announces Acquisition of Resolute Diligence Solutions, Strengthening Technology Platform For Asset Backed Lending
Transaction brings together two of the fastest growing tech firms in the asset-backed lending ecosystem, advances shared vision of building next-gen lending infrastructure Setpoint announces the acquisition of Resolute Diligence Solutions, an industry leading due diligence provider focused on...
NMHC Delivers Guide for Advancing Housing Equity and Opportunity in the Multifamily Industry
The National Multifamily Housing Council (NMHC), working with Enterprise Community Partners, has released a groundbreaking new resource for apartment firms, policymakers, community advocates and the public to explore ways that multifamily housing can be an even greater catalyst for creating more...
HOME-MORTGAGE LENDING ACROSS U.S. FALLS TO MORE THAN 20-YEAR LOW IN FIRST QUARTER
Total Residential Loans Drop Another 19 Percent Quarterly to Lowest Point Since 2000;Refinance and Purchase Lending Decline Nearly 20 Percent Quarterly, With Refinancing Down 85 Percent Annually;Home-Equity Lending Decreases for Second Straight Quarter ATTOM, a leading curator of land, property,...
RENTAL RATE INCREASES TRAIL CPI AND WAGE GROWTH IN FIRST QUARTER OF 2023
Rental costs, a key component of the CPI, suggest further cooling in future inflation numbers The rate of monthly rental price increases for both single family rental properties and multifamily rental units trailed the consumer price index (CPI) and wage growth in the first quarter of 2023,...
32 PERCENT OF DISTRESSED PROPERTY BUYERS EXPECT HOME PRICES TO DECLINE IN 2023
Buyers still aggressive on acquisitions but shifting toward hold-for-rent strategy 77 percent of buyers are local community developers, owner-occupants doubled Auction.com, the nation’s leading distressed real estate marketplace, released its 2023 Buyer Insights report, which shows nearly...
Mortgage Rates Surge Past 7.1% For First Time Since November; Some Buyers Back Off While Others Lower Budget
Monthly housing payments hit a new record high this week as mortgage rates jumped, pricing out many homebuyers, especially those with limited budgets Housing payments hit a new high this week as mortgage rates jumped due to progress on a possible debt-ceiling deal. That’s according to a...









