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...
News Updates
‘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...
New Western Grows U.S. Affordable Housing Inventory by 6,540 in 2022 without Building a Single Home
Inventory growth fueled by 10 new market openings this year including the latest in Washington, D.C.; Fix-and-flip properties purchased through New Western's marketplace sell for up to 31% less than new builds New Western, the largest national private marketplace for fix-and-flip residential...
Reali Closing Operations
Reali, the real estate and fintech platform transforming home buying and selling, announced it will begin a shutdown and will be laying off most of the workforce on September 9, 2022. Co-Founder and Chairman of the Board Amit Haller said, "Reali was one of the pioneering companies to offer...
WORD OF THE DAY: Acuity
[ə-KYOO-ə-dee] Part of speech: Noun Origin: Late Middle English, 16th century Definition: Sharpness or keenness of thought, vision, or hearing. Examples of Acuity in a sentence "Jonah’s natural acuity made him a model student." "The optician had noticed a worrying decline in...
word of the day: Bafflegab
[ba-fəl-ˌgab] Part of speech: Noun Origin: English, 20th century Definition: Messy, wordy jargon; Incomprehensible gibberish; Confusing legal or bureaucratic language Examples of Bafflegab in a sentence "The contract was full of so much bafflegab that I don't even know what I...
ZOMBIE PROPERTY COUNT INCHES UP AGAIN IN THIRD QUARTER OF 2022 ACROSS U.S. AMID CONTINUED RISE IN FORECLOSURE ACTIVITY
Zombie Properties Still Represent Just One of Every 13,000 Residential Properties Nationwide; But Ratio is Up Since Lifting of Foreclosure Moratorium One Year Ago ATTOM, a leading curator of real estate data nationwide for land and property data, released its third-quarter 2022...









