News Updates

OZ FundHub Launches New Opportunity Zone Online Platform

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...

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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...

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WORD OF THE DAY: Nebulous

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...

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WORD OF THE DAY: Genteel

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...

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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...

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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,...

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