REI INK

Homebuyer Competition Falls to Lowest Level Since Early Months of Pandemic

  • by
  • Comment Off
  • 317 views

Higher mortgage rates and home prices are pushing some house hunters out of the market, leaving those who remain with more options and negotiating power Nationwide, 44.3% of home offers written by Redfin agents faced competition on a seasonally adjusted basis in July, compared with a revised rate of 50.9% one month earlier and 63.8% one year earlier, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s

Read More

OPPORTUNITY ZONE REDEVELOPMENT AREAS CONTINUE TO TRACK NATIONWIDE HOME-PRICE INCREASES IN SECOND QUARTER

  • by
  • Comment Off
  • 384 views

Half of Zones Analyzed See Median Home Prices Rise At Least 5 Percent from First Quarter to Second Quarter of 2022, and At Least 20 Percent Annually in Half of All Zones ATTOM, a leading curator of real estate data nationwide for land and property data, released its second-quarter 2022 report analyzing qualified low-income Opportunity Zones targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act of 2017. In

Read More

WORD OF THE DAY: Scantling

  • by
  • Comment Off
  • 1,961 views

[SKANT-ling] Part of speech: Noun Origin: Old French, early 16th century Definition: A specimen, sample, or small amount of something; the size to which a piece of wood or stone is measured and cut. Examples of Scantling in a sentence “There’s only a scantling of milk left, so please pick up a new carton.” “The shed door was built to a scantling of 7 feet tall.” About Scantling In addition to describing a small amount,

Read More

INVESTING IN AMERICA’S HOTTEST MARKET – SAVANNAH, ga

  • by
  • Comment Off
  • 622 views

MARK YOUR CALENDARS FOR THE PODCAST RELEASE – AUGUST 24 Join the PIP Group’s Founder and CEO, Charles Sells, as he joins REI INK’s CEO, Robert Rakowski, as they discuss the amazing real estate investment opportunities available in Savannah, GA. In this presentation you can learn: – The benefits of investing in Savannah, GA – The Savannah “Power in Numbers” – More about the Savannah “Dream Maker” programs – Fix-and-Flip

Read More

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

  • by
  • Comment Off
  • 375 views

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

Read More

WORD OF THE DAY: Moil

  • by
  • Comment Off
  • 1,501 views

[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

Read More