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News Updates

Home Flipping Declines Again across the U.S. During Q3 as Investor Profits Hit 13-Year Low

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Nationwide Home-Flipping Rate Drops for Second Straight Quarter; Typical Profit Margins on Flips Hit Lowest Point in 13 Years; Gross Profits on Home Flips Plummet at Fastest Pace Since 2009 ATTOM, a leading curator of real estate data nationwide for land and property data, released its third-quarter 2022 U.S. Home Flipping Report showing that 92,422 single-family houses and condominiums in the United States were flipped in the third quarter. Those

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Most Home Buying Pet Parents Would Pass on Their Dream Home if it Doesn’t Work for Fido, According to Realtor.com® Survey

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More than two-thirds of prospective buyers with pets say they’d buy a home specifically because of features that cater toward their pet From adding “catios” to foregoing a home that’s not pet-friendly, many homeowners and buyers are prioritizing their furry friends when making pivotal real estate decisions. According to a new survey conducted by Realtor.com® and HarrisX among 3,001 U.S. adults, 82% of Americans with pets who are planning to buy a home

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us home equity gains rose annually in q3 but fell sharply from q2

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CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released the Homeowner Equity Report (HER) for the third quarter of 2022. The report shows that U.S. homeowners with mortgages (which account for roughly 63% of all properties) saw equity increase by 15.8% year over year, representing a collective gain of $2.2 trillion, for an average of $34,300 per borrower, since the third quarter of 2021. Nationwide, annual home equity gains

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U.S. FORECLOSURE COMPLETIONS INCREASE ANNUALLY BY 64 PERCENT IN NOVEMBER 2022

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Foreclosure Activity Remains Up 57 Percent from Last Year, and Foreclosure Starts Increase Annually by 98 Percent; But Both Measures Down from October 2022 ATTOM, a leading curator of real estate data nationwide for land and property data,  released its November 2022 U.S. Foreclosure Market Report, which shows there were a total of 30,677 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions – up 57 percent from a year ago, but down

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High Mortgage Rates Remain Primary Impediment to Housing Sentiment

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HPSI Breaks Consecutive-Decline Streak but Remains Just Above All-Time Low The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 0.6 points in November to 57.3, its first increase in nine months, though it remains just above the all-time low set last month and significantly lower than its level at this time last year. Four of the index’s six components increased modestly month over month, including those associated with homebuying and home-selling conditions; however,

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SVN | SFR Capital Management and Marketplace Homes Announce U.S. Build-for-Rent and Scattered Home Investment Joint Venture

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Provides end-to-end acquisition, asset management, maintenance and resident care for BFR and SFR rentals nationwide Build-for-Rent (“BFR”) commercial real estate investment firm SVN | SFR Capital Management (“SVN | SFR”) announced it has entered into a joint venture agreement to acquire, own and operate rental homes with Marketplace Homes, a national brokerage and property management company. The joint venture will operate under the ‘Curbside Residential’ brand and integrate Marketplace Homes’ end-to-end property management, asset

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