REI INK

Incenter Insurance Solutions Announces Lender Insurance Services, Bringing More Efficiency to the Commercial Lending Process

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Offerings Include Real Estate Investment Portfolio Reviews and Specialty Insurance for Short-Term Opportunities Incenter Insurance Solutions, part of the Incenter family of companies, announced its Lender Insurance Services. These innovative programs are designed to give lenders a competitive advantage in the commercial and investor markets through two distinct offerings: 1) real estate investment portfolio reviews of existing insurance, and 2) specialty insurance products for short-term opportunities, such as fix and

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WORD OF THE DAY: Moil

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[moyl] Part of speech: Verb Origin: Latin, mid-16th century Definition: Work hard; Move around in confusion or agitation. Examples of Moil in a sentence “You’ll moil to plant your spring garden, but it’s worth the effort.” “She seemed lost as she moiled around the street corner.” About Moil As a verb, moil means to be working very hard. But if you work too hard you might get overhwhelmed or overheated. In comes the second definition

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Redfin Reports Early Stage Demand Picks Up as Mortgage Rates Fall to a Four-Month Low

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Measures of homebuyer activity such as online searches, requests for tours and agents’ help, and mortgage applications rose as mortgage rates fell below 5% More homebuyers are returning to the market, motivated by a decline in mortgage rates and a record share of listings with price drops, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Redfin’s Homebuyer Demand Index—a measure of requests for home tours and other

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WORD OF THE DAY: Entelechy

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[en-TEL-ə-kee] Part of speech: noun Origin: Late Middle English, late 1500s Definition: (Philosophy) The realization of potential; the supposed vital principle that guides the development and functioning of an organism or other system or organization. Examples of Entelechy in a sentence “The instructor intended to guide all students to discover their own entelechy.” “The entelechy of a tadpole is to develop into a frog.” About Entelechy This word developed trifold through Late Middle English, Latin,

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Home Prices Are Far Outpacing Inflation

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The median price per square foot of a home in the U.S. has increased 310% since 1980 and has exceeded overall inflation by 139% since 2020. The price per square foot of a U.S. home is higher than ever, according to a new report from Home Bay, an online publication that connects readers with expert real estate advice. A new single-family home has a median square footage of 2,356 and a price

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Black Knight: June Sees Record-Setting Slowdown in Home Price Growth

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Largest Monthly Inventory Gain in 12 Years; Prices Back Off Highs in Some Major Markets Annual home price growth dropped by nearly two percentage points in June – the greatest single-month slowdown on record since at least the early 1970s – with the rate of slowing this month jumping 66% from May While June’s slowdown was record-breaking, home price growth would need to decelerate at this pace for six more

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