News Updates

It’s Almost Here – The Best Time to Sell is April 14-20

Nationally, the week of April 14 will have the best mix of market conditions for sellers, who could get $34,000 more for their home than at the start of the year Those looking to sell their home this year should start to get ready now, as the best week to sell a home is April 14-20, 2024, according to a new analysis from Realtor.com®. Nationwide, sellers listing during that week are likely to see the best conditions for listing

Read More

HOME FLIPPING PLUMMETS ACROSS U.S. IN 2023 AS PROFITS SLUMP AGAIN

Flipping Activity by Investors Declines at Fastest Pace in 15 Years; Investment Returns on Flips Sink to Lowest Level Since 2007; Two-Thirds of Flipped Homes Still Purchased with Cash ATTOM, a leading curator of land, property, and real estate data, released its year-end 2023 U.S. Home Flipping Report, which shows that 308,922 single-family homes and condos in the United States were flipped in 2023. That was down 29.3 percent from 436,807

Read More

Concessions cool as spring rental season approaches

Property managers’ race to woo tenants eases, signaling a tighter market for renters this spring After a winter that saw nearly a third of rental listings offering tenants tempting concessions such as free months of rent or free parking, Zillow’s latest data reveals the share of rentals offering perks may have hit its peak. The good news for renters is that the market is friendlier than it was a year

Read More

MCS Expands National Property Preservation Platform With Acquisition of Five Brothers Asset Management Solutions

Market leaders join forces to create expanded network with extensive service offerings for preserving and maintaining communities nationwide MCS, the national property services company founded in 1986, announced it has acquired property preservation company Five Brothers Asset Management Solutions (“Five Brothers”),bringing two of the country’s leading property preservation and maintenance services companies together. MCS’s acquisition of Five Brothers creates a national property preservation and services market leader that combines complimentary business

Read More

Amid Emerging Climate-Related Disclosures and Rising Commercial Insurance Rates, AreaHub Equips Businesses With Critical Risk Intelligence

As businesses grapple with new SEC climate risk disclosures, rising insurance rates, and increasing losses from climate risk, AreaHub provides actionable environmental intelligence – efficiently and affordably. Amid the recent SEC climate risk disclosure rules, a changing insurance landscape, and increasing climate-related losses for businesses, AreaHub announced an Enterprise version of its climate and environmental intelligence platform for U.S. businesses and organizations. Last week, the SEC released its final climate disclosure rules, requiring

Read More

Redfin Reports New Listings Rose to the Highest Level in 17 Months in February

Housing supply is finally rebounding as sellers get used to elevated mortgage rates, but it’s not rebounding enough to curb home price growth. High housing costs mean many house hunters remain hesitant to commit. New listings jumped 3.8% month over month on a seasonally adjusted basis in February to the highest level since September 2022, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. They were up 14.8%

Read More

Author