REI INK

Homeowners Need to Earn Over $50,000 More Than Renters to Afford Monthly Payments—And the Gap is Widening

Americans need an annual income of $117,000 to afford the typical home for sale, 82% more than they need for the typical rental Americans need to earn $116,633 per year to afford the median priced home for sale, 81.8% more than the $64,160 needed to afford the typical apartment for rent. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Last year, someone needed to earn $110,808

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SmartRent Announces CEO Resignation

Shane Paladin Steps Down as President and CEO and Resigns from Board Chairman John Dorman Named Interim CEO SmartRent, Inc., the leading provider of smart communities and smart operations solutions for the rental housing industry, announced that, at the request of the Board of Directors, Shane Paladin has stepped down from his positions as President and CEO, and resigned from the Board, effective immediately. John Dorman, Chairman of the Board,

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U.S. FORECLOSURE ACTIVITY INCREASES QUARTERLY IN Q1 2025

Foreclosure Starts See Quarterly Increase of 14 Percent;  Bank Repossessions Up 8 Percent from Previous Quarter ATTOM, a leading curator of land, property, and real estate data, released its Q1 2025 U.S. Foreclosure Market Report, which shows a total of 93,953 U.S. properties with a foreclosure filings during the first quarter of 2025, up 11 percent from the previous quarter but down 2 percent from a year ago. The report also shows

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ICE Mortgage Monitor: Home Prices Cool Heading Into the Spring Home-Buying Season, Led by Condos

Early look at March HPI data shows condo prices fell year over year for the first time in more than a decade Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, released its April 2025 ICE Mortgage Monitor Report, which reveals a notable cooling in home price growth as the 2025 spring home buying season begins. According to an early look at March data from the

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Peakline Real Estate Funds Enters Build-to-Rent Market with Launch of New Fund

Building on its success with their QOZ and Logistics investment programs, Peakline Real Estate Funds broadens its private real estate offerings with the launch of the Peakline Real Estate BTR Fund I. Peakline Real Estate Funds (“PREF”), a private real estate investment firm with $1.7B equity invested, announced the launch of the Peakline Real Estate BTR Fund I (“the Fund”). This new initiative marks PREF’s entry into the growing Build-to-Rent (BTR) space. The

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Will Home Prices Rise or Fall? Key Insights from the VeroFORECAST Q1 2025

Veros Real Estate Solutions (Veros®), an industry leader in enterprise risk management and collateral valuation services, released its Q1 2025 VeroFORECASTSM. The forecast projects an average nationwide home price appreciation rate of 2.4% over the next 12 months. This is a modest decline from the previous quarter’s forecast of 2.7%. VeroFORECAST evaluates home prices in over three hundred of the nation’s largest housing markets, and Veros is committed to the data science of predicting

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