News Updates

Economy Resumes Gradual Slowdown Following Bank Turmoil

Mortgage Demand and Home Prices Prove Resilient; Sales Expected to Decline Further Due primarily to an upward revision in recent consumer spending data, Fannie Mae's (OTCQB: FNMA) Economic and Strategic Research (ESR) Group now forecasts stronger first quarter GDP growth but maintains...

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U.S. FORECLOSURE ACTIVITY CONTINUES TO CLIMB IN Q1 2023

Foreclosure Starts See an Annual Increase of 29 Percent;Bank Repossessions at Highest Level in Three Years ATTOM, a leading curator of land, property, and real estate data, released its Q1 2023 U.S. Foreclosure Market Report, which shows a total of 95,712 U.S. properties with a...

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PropStream Announces New CEO: Brian Tepfer

PropStream Announces New CEO: Brian Tepfer

PropStream, the leading real estate data provider, is pleased to announce that industry veteran Brian Tepfer, former Executive Vice President and CTO of Rapattoni Corporation (Rapattoni), has been appointed as the new CEO of PropStream. At Rapattoni, Brian started as a Technical Operations and...

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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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