Connecting Opportunity Zone Investors to Qualified Opportunity Zone Funds OZ FundHublaunched a new online platform serving as a neutral marketplace for Opportunity Zone (OZ) investors and Qualified Opportunity Funds (QOFs) to connect. OZ FundHub will provide educational tools for investors to...
News Updates
HOME FLIPS INCREASE BUT PROFITS DECLINE ACROSS U.S. IN 2021
Number of Homes Flipped in United States Rises to Highest Level in 15 Years Profit Margins on Flipped Homes Drop at Unusually Fast Pace Percentage of Flips Purchased with Cash Increases ATTOM, a leading curator of real estate data nationwide for land and property data, released...

WORD OF THE DAY: Nebulous
[ne-byə-ləs] Part of speech: Adjective Origin: Latin Definition: Hazy or cloudy, either literally or figuratively; having to do with a cosmic nebula Examples of Nebulous in a sentence "He's very creative, but his ideas are always a bit nebulous and vague." "We looked up at the...

Challenging Housing Market Results in Nearly 80% of Homeowners Preferring to Renovate Than Move
42% of homeowners say rising interest rates are delaying their home improvements; nearly half that are planning projects have encountered material delays In light of a difficult housing market filled with high home prices and low supply, Discover Home Loans issued a survey to better...
Single-Family Rental Home Providers Shift to Build-for-Rent to Address Housing Shortage
Providers of single-family rental homes increasingly turned to the development of new housing over the past two years as a means of responding to housing market supply constraints and a corresponding surge in demand for single-family rental housing. According to data from the current Single-Family...

WORD OF THE DAY: Genteel
[jen-ˈtēl] Part of speech: Adjective Origin: French, 16th century Definitions: Having a stylish or upper-class quality; elegant or refined; excessively polite to the point of being pretentious Examples of Genteel in a sentence "The genteel furnishings in her room stood out from...
Realtor.com® February Rental Report: Affordability Issues Rise as National Rents Reach 30% of Americans’ Incomes
In February, national rents grew 17.1% year-over-year to a new high of $1,792 per month, representing a higher share of household incomes (29.7%) than in 2021 (24.8%) New rental data shows affordability issues are on the rise, as Americans spent 30% of their monthly budgets on rents in...
First-time buyers, inventory expected to rebound in 2024
Panel of housing experts sees pandemic-fueled deficits sticking around until then Panel expects a two-year climb back to pre-pandemic for-sale inventory levels Share of first-time buyers is forecast to stay below 2019 levels until 2024Home price appreciation should outstrip all inflation...
Homebuyer Competition Ticked Up in February, Hitting Record High
Bidding Wars Are Intensifying at a Slower Pace Than They Were at the Start of the Pandemic By Lily Katz, Senior Data Journalist at Redfin Nationwide, 68.6% of home offers written by Redfin agents faced bidding wars on a seasonally adjusted basis in February—the highest level in Redfin’s records,...