News Updates

Redfin Reports Home Prices Are Rising Fast in the Midwest

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Home prices in Milwaukee jumped 20% year over year in February, a bigger increase than any other major U.S. metro. Nationwide, prices rose 3%, and pending sales fell the most since 2023. The Midwest is home to three of the five metro areas where home prices are rising fastest, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In Milwaukee, the median home sale price rose a record 20%

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Property Meld, the leading property maintenance platform for property managers, announces its strategic integration with zInspector, highlighting its commitment to advancing property maintenance operations (PMO). This partnership marks a significant leap in unifying inspections and maintenance, enhancing efficiency while capturing reliable data for smarter maintenance decisions, naturally propelling PMO to the next level. This partnership fits into Property Meld’s broader plan for ‘Nexus’, its initiative to bring every facet of maintenance

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Completed Foreclosures (REOs) Decline from Previous Year; Foreclosure Starts Up Monthly and Annually Nationwide ATTOM, a leading curator of land, property data, and real estate analytics, released its February 2025 U.S. Foreclosure Market Report, which shows there were a total of 32,383 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions – up 5 percent from the prior month but down 1.7 percent from a year ago. “February’s rise in foreclosure filings suggests

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The 2025 ServiceLink State of Homebuying Report highlights generational preferences and trends from today’s homebuyers A new report released from ServiceLink, the nation’s premier provider of tech-enabled mortgage services, revealed that Gen Z remains eager and ready to buy a home this year. But high interest rates and home prices could deter them from crossing the finish line as their tolerance is waning. The annual survey analyzes generational trends among recent

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Landlords may have more leeway to raise rents next year because apartment construction is slowing, which could eventually lead to more renters than vacant units The median U.S. asking rent rose 0.4% year over year to $1,607 in February—the first increase in six months and the biggest in nine months. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. On a month-over-month basis, asking rents climbed 0.6%.

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Pessimism Toward Mortgage Rates and Personal Financial Situations Grows The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 1.8 points in February to 71.6, driven largely by consumers’ increased pessimism that mortgage rates will go down in the next year. The share of consumers who say it is a good time to buy a home inched up last month to 24%, while the share who say it is a good