Annual home price growth shifted from deceleration to decline in July as the median home price fell 0.77% from June – the largest single-month decline since January 2011More than 85% of the 50 largest U.S. markets are at least marginally off their peaks through July, with home prices down by...
News Updates
Walker & Dunlop Expands Affordable Housing Platform with Addition of New Investment Sales Team
Walker & Dunlop, Inc. announced that it is expanding the capabilities of its affordable housing platform with the creation of a dedicated affordable investment sales team. The eleven-member team, led by Managing Directors Aaron Hargrove and Eric Taylor, formerly of...
WORD OF THE DAY: Quisquous
[KWIS-kwəs] Part of speech: Adjective Origin: Unknown, 17th century Definition: Difficult to deal with or settle; perplexing; (of a person) of dubious character. Examples of Quisquous in a sentence "I wanted to trust him, but also knew that he had a quisquous reputation." "She...
Redfin Reports More Sellers Retreat Amid Falling Prices, Volatile Mortgage Rates
The average sale-to-list ratio fell below 100% for the first time since March 2021 and the share of homes with a price drop came down from its record high. The average home sold for less than its list price for the first time in over 17 months during the four-week period ending August 28, as the...
WORD OF THE DAY: Phlegmatic
[fleg-MAD-ik] Part of speech: Adjective Origin: Greek, 14th century Definition: Having an unemotional and stolidly calm disposition. Examples of Phlegmatic in a sentence "Patrick’s phlegmatic temperament means he doesn’t anger easily." "Some people mask their emotions with a...
SES Risk Solutions and Latchel Partner to Curb Rising Property Insurance Costs for SFR Property Managers and Landlords
New program leverages innovative technology, underwriting expertise, and buying power to deliver an exclusive property insurance solution As the SFR industry continues to grapple with rising costs and compressed margins, SES Risk Solutions and Latchel have partnered to create a...
‘Shrinkflation’ hits $1 million homes, down 397 square feet since 2020
Market share of $1 million-plus homes more than doubled during the pandemic More than twice as many $1 million-plus homes were sold this spring than in the spring of 2019, with Portland, Austin and Riverside seeing the biggest jumps.The size of $1...
WORD OF THE DAY: Sprag
[sprag] Part of speech: noun Origin: Unknown origin, 17th century Definition: A short piece of wood or timber; A prop (especially made of wood or timber) used to support a roof, wall, or seam. Examples of Sprag in a sentence "After cutting the firewood, my uncle cut a few...
STEEP DROP IN REFINANCE ACTIVITY DRIVES CONTINUED SLUMP IN MORTGAGE LENDING ACROSS U.S. IN SECOND QUARTER
Refinance Lending Drops 36 Percent Quarterly, Outweighing Rise in Other Lending Activity;Total Loans Down Another 13 Percent, Continuing Year-Long Decline;Purchase Mortgages Up 8 Percent While Home-Equity Deals Increase 35 Percent ATTOM, a leading curator of real estate...









