The Nation's longest home price boom has ended after a run-up lasting 10½ years. Since prices peaked in June, we have had Month-on-Month declines of 0.5%, 0.4%, & 0.2% in September, August, & July respectively, according to data from the American Enterprise Institute's Housing Center. Out...
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American Homes 4 Rent Donates $50,000 to Florida Hurricane Ian Relief Efforts
Company teams deployed to provide on-the-ground assistance and clean-up throughout the Southeast American Homes 4 Rent announced that it has donated $50,000 to the American Red Cross and other charitable organizations to support the communities in Florida and South...
WORD OF THE DAY: Confrere
[KAN-frehr] Part of speech: noun Origin: French, mid-18th century Definition: A fellow member of a profession; a colleague. Examples of confrere in a sentence "Since I don’t know the answer to that question, I’ll refer you to my confrere." "The meetup was the perfect...
WORD OF THE DAY: Rejoinder
[rə-JOIN-dər] Part of speech: noun Origin: Late Middle English, late 15th century Definition: A reply, especially a sharp or witty one; (Law, dated) A defendant's answer to the plaintiff's reply or replication. Examples of rejoinder in a sentence "I always think up the perfect...
U.S. FORECLOSURE ACTIVITY CONTINUES TO INCREASE QUARTERLY NEARING PRE-PANDEMIC LEVELS
U.S. Foreclosure Starts Increase 167 Percent From a Year Ago; Average Time to Foreclose Nationwide Decreases 4 Percent From a Year Ago ATTOM, a leading curator of real estate data nationwide for land and property data, released its Q3 2022 U.S. Foreclosure Market Report, which...
WORD OF THE DAY: Digerati
[dih-jə-RAH-dee] Part of speech: noun Origin: American English, 1990s Definition: People with expertise or professional involvement in information technology. Examples of digerati in a sentence "Betty had complete faith that if she couldn’t fix her computer, the company’s...
Economy Expected to Contract Further in 2023, as the Fed Appears Resolved to Tame Inflation
Housing Slowdown Demonstrates Impact of Rapidly Risen Mortgage Rate Environment The combination of high inflation, monetary policy tightening, and a slowing housing market is still projected to tip the economy into a modest recession in the first quarter of 2023, according to the October...
Toorak Capital Partners Reaches $10 Billion Milestone
Industry-Leading Real Estate Funding Platform Has Funded 26,000+ Mortgage Loans in Since Inception Toorak Capital Partners, Inc. (“Toorak”), a leading capital provider to the residential real estate lending industry, announced that it has funded $10 billion in whole loans since its inception in...
WORD OF THE DAY: Hypnagogic
[hip-nə-GAH-jik] Part of speech: adjective Origin: French, late 19th century Definition: Relating to the state immediately before falling asleep; Encouraging sleep. Examples of hypnagogic in a sentence "He listened to instrumental music to relax into a hypnagogic state. "...










