The Allied Magnet States Report tracks migration patterns in the US. Data shows fewer people moved in 2022 compared to 2021. In fact, moves plummeted in every state, resulting in a 20 percent decrease over last year. Rising rents and interest rates, along with inflation and falling wages,...
Firms Join Forces to Strengthen Interior and Exterior Facility Services Available to Retail, Restaurant, Office, Lodging and Other Commercial Customers MCS, the national property services Company founded in 1986, announced it has acquired industry-leading commercial facilities services firm Chain...
Company Recognizes Noteworthy Origination Milestone Despite Industry Turbulence RCN Capital, a leading nationwide private lender specializing in financing for real estate investors, announced a major origination milestone of over 20,000 loans funded since its inception in 2010. RCN Capital, which...
Pandemic boomtowns Las Vegas and Phoenix saw investor purchases fall over 60%—more than all of the other metros Redfin analyzed Investor purchases of U.S. homes fell a record 45.8% year over year in the fourth quarter as the high cost of borrowing money and the prospect of substantial home-price...
Completed Foreclosures (REOs) See First Year-Over-Year Decrease; Foreclosure Starts Down 1 Percent from Last Month ATTOM, a leading curator of land, property, and real estate data, released its January 2023 U.S. Foreclosure Market Report, which shows there were a total of 31,557 U.S....
Buyers begin to return to the market in January as interest rates begin to level off and sellers may not be far behind Variation will be theme across the region with close-in suburbs seeing price increases while prices may decline in second home, vacation markets Philadelphia metro sees...
Net New Listings Placed on The Market Experienced a 43.9% Decrease Year-Over-Year Despite the Slowing Rate Hikes from the Federal Reserve Price Has Flatlined Due to Low Market Activity, Indicated by the Median Price Remaining Unchanged Month-Over-Month Tight Supply Points to a Balanced Market...
Green Practices, Digital Interactions, Luxury Amenities, and Future Homeownership The PropTech firm MRI Software has good news for landlords and property managers: They can easily make renters happy by adopting green practices and digital communications. Additionally, luxury...
Home sellers are starting to come off the sidelines to meet buyer demand as mortgage rates steadily decline, with new listings and pending sales both posting their smallest drops in four months A homebuyer on a $2,500 monthly budget can afford a $400,000 home for the first time in four months as...
