News Updates

Redfin Reports Economic Jitters, High Costs Stifle Spring Home Sales

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New listings are still rising, allowing some buyers to get deals Pending U.S. home sales fell 3.4% year over year during the four weeks ending May 11 to their lowest level on record for this time of year aside from 2020, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Would-be homebuyers are backing off for two main reasons. One, rising home-sale prices and elevated mortgage rates pushed

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Entrata, a leading operating system for multifamily communities, announced a $200 million minority investment from funds managed by Blackstone (“Blackstone”) at a $4.3 billion valuation. This investment comes as Entrata is moving forward on its next chapter of growth, serving the rental housing industry through innovative technology that streamlines operations for property managers and elevates the living experience for millions of residents. “Over twelve million residents in properties across the

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Transaction to Raise the Bar for Transparency, Execution and Performance in MSR and Whole Loan Trades Rocktop Technologies LLC, a technology and AI-enabled Solutions as a Service firm with deep legal and mortgage capital markets expertise, announced the acquisition of Incenter Capital Advisors, a leading firm that provides advisory services in the trading and pricing of mortgage servicing rights (MSRs) and post-transactional support in the transference of these assets. This strategic

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Full visibility, seamless integration and timely insights drive deal execution and ROI Yardi® announced the release of Yardi® Acquisition Manager, which maximizes returns on investment for real estate acquisitions and dispositions by automating the entire investment deal workflow. Acquisition Manager centralizes all deal details, documents and activities, including due diligence, in a single platform. By delivering real-time deal insights, accurate underwriting models and a structured workflow, the solution enhances ROI with accelerated deal

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Sales still lag behind new listings, despite lower mortgage costs Activity in the housing market is warming up with the weather, but economic uncertainty is causing some buyers to hesitate. According to the latest market report from Zillow®, home sales declined slightly from last year, while inventory reached levels not seen in nearly five years. Competition varies sharply by region. “Economic anxieties disrupted the start of the home shopping season. In April,

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Completed Foreclosures (REOs) Dip Monthly but Increase from Previous Year; Foreclosure Starts Up Monthly and Annually Nationwide ATTOM, a leading curator of land, property data, and real estate analytics, released its April 2025 U.S. Foreclosure Market Report, which shows there were a total of 36,033 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions – up 0.4 percent from the prior month and up 13.9 percent from a year ago. “April’s