News Updates

Rents Post First Annual Decline in Three Years

The median asking rent fell 0.4% in March to the lowest level in 13 months. Austin and Chicago saw the largest declines, while Raleigh and Cleveland experienced the biggest gains. The median U.S. asking rent fell 0.4% year over year to $1,937 in March—the first annual decline since March 2020 and...

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Student Housing Sector Shows Resiliency

New records for rents and preleasing set in March, but transaction activity drops The student housing sector continues to outperform other real estate verticals during challenging economic conditions, according to the latest National Student Housing Report from Yardi® Matrix. Rents...

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Frontdoor Revolutionizes Home Maintenance and Repair

The Frontdoor® app helps homeowners get things done smarter with a simple tap Frontdoor, Inc., the nation’s leading provider of home service plans with about two million members, unveiled Frontdoor®, a first-of-its-kind mobile app addressing the evolving needs of tech-savvy homeowners....

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Fannie Mae Expands Equitable Housing Finance Plan

Innovations build on multi-year effort to drive equity in the housing industry Fannie Mae released its annual update to the 2022-2024 Equitable Housing Finance Plan. This plan is focused on knocking down barriers faced by underserved communities and further driving our mission of facilitating...

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Endpoint Promotes Shawna Hernandez to Chief Operating Officer

Endpoint, the digital title and settlement company on a mission to make the home closing process easy for all, announced it has promoted Shawna Hernandez to chief operating officer, a newly created role. As COO, Hernandez will lead the teams implementing Endpoint’s digital closing solutions and...

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CROSS COUNTRY MOVERS LARGELY UNDETERRED BY RISING MORTGAGE RATES

Redfin.com user search data shows that 14% fewer homebuyers looked to move within their own metro area in February than a year earlier, compared with a 4% drop for out-of-town movers The number of Redfin.com home searchers looking to relocate to a new metro fell 3.6% year over year in February,...

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