Zeller will lead brand management and drive company growth In support of Veros Real Estate Solutions (Veros®) goal to strengthen brand awareness and further penetrate the financial services and real estate markets by offering innovative enterprise risk management and property valuation...
News Updates
Home Prices Up Again in March on Worsening Inventory Shortages and Modest Rise in Demand
According to the latest Black Knight HPI, home prices rose in March on both non-adjusted and seasonally adjusted bases, driven by a modest bump in demand and further deterioration in for-sale inventory levels Sales activity experienced a modest increase for the second consecutive month in March,...
U.S. HOME-SELLERS EXPERIENCE FURTHER DECLINE IN PROFITS IN Q1 2023
Profit Margins on Typical Home Sales Nationwide Drop to Two-Year Low as Home Prices Remain Flat; Investment Returns Decline Quarterly by Five Points; Median Home Values Down Again in Most Markets ATTOM, a leading curator of land, property, and real estate data, released...
Real Estate Investors Find Growth Opportunities in a Contracting Market
Purchases increased by 49% in the Midwest and 24% in the West Q/Q from New Western's 150,000+ investors New Western, the largest national private real estate investment marketplace, announced its continued momentum from 2022 into Q1 2023, including a double digit surge in growth over the last...
Lessen Continues Business Transformation With Hire of Justin Iannacone
Single-family rental veteran will architect solutions to address needs and challenges of today’s commercial and residential clients Lessen, the premier tech-enabled, end-to-end solution for outsourced real estate property services, continues to enhance its leadership team by appointing Justin...
More buyers are purchasing mortgage points as a way to ease monthly costs
15% more borrowers purchased mortgage points in 2022 than 2021, and continue to do so as interest rates hover around 6% Interest rates remain high and home buyers are looking for ways to save money, including buying mortgage points. A recent analysis of data from the Home Mortgage Disclosure Act...
S&P CORELOGIC CASE-SHILLER INDEX DECLINES MODERATED IN FEBRUARY
S&P Dow Jones Indices (S&P DJI) released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released for February 2023 show a modest increase in our national composites, although eight of the 20 major metro markets...
Mortgage Delinquencies Hit Record Low in March, While Prepayments Rose
The national delinquency rate dropped 53 basis points (-15%) in March, falling below 3% for the first time on record, ending the month at just 2.92% While delinquency rates almost always fall in March – as borrowers utilize tax refunds and other seasonal revenues to pay down past-due debt – the...
Real Estate Investors Are Losing Money on Roughly 1 in 7 Homes They Sell
Investors are selling at a loss as elevated mortgage rates curtail homebuyer demand. Roughly one of every seven (13.5%) U.S. homes sold by an investor in March sold for less than the investor bought it for, according to a new report from Redfin (redfin.com), the technology-powered real...










