Newsletter – Page 116 – REI INK
REI INK

S&P CORELOGIC CASE-SHILLER INDEX REPORTS ANNUAL HOME PRICE GAIN OF 20.4%

  • by
  • Comment Off
  • 657 views

S&P Dow Jones Indices (S&P DJI) released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released for April 2022 show that home prices continue to increase across the U.S. More than 27 years of history are available for the data series and can be accessed in full by going to https://www.spglobal.com/spdji/en/index-family/indicators/sp-corelogic-case-shiller/. YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all

Read More

Redfin Reports Demand For Vacation Homes Is Now Below Pre-Pandemic Levels

  • by
  • Comment Off
  • 531 views

High home prices and mortgage rates, along with economic uncertainty and an increase in second-home loan fees, have put an end to the pandemic-driven vacation-home boom Demand for vacation homes has fallen below the pre-pandemic baseline for the first time in two years, with mortgage-rate locks for second homes down 4% from before the pandemic in May, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That’s down

Read More

WORD OF THE DAY: Housewright

  • by
  • Comment Off
  • 683 views

[HAUS-rite] Part of speech: Noun Origin: North America, mid-16th century Definition: A builder of houses, especially those constructed largely of timber; a house carpenter. Examples of Housewright in a sentence “After working with Habitat for Humanity, Rachel felt like a bonafide housewright.” “With Lincoln Logs, anyone can be a housewright in the comfort of their own home.” About Housewright Housewright developed as an American word in the 16th century through the combination of the words

Read More

John Beacham of Toorak Capital Partners Named an Entrepreneur of the Year® 2022 New Jersey Award Winner by EY

  • by
  • Comment Off
  • 730 views

Toorak Capital Partners, Inc. (“Toorak”), a leading capital provider to the residential real estate lending industry, announced that John Beacham, its Founder and CEO, has been named an Entrepreneur Of The Year® 2022 New Jersey Award winner by  Ernst & Young LLP (EY US). Entrepreneur Of The Year is one of the preeminent competitive business awards recognizing leaders of high-growth companies who think big to succeed. An independent panel of

Read More

WORD OF THE DAY: Deontology

  • by
  • Comment Off
  • 1,015 views

[dee-on-TALL-oh-jee] Part of speech: noun Origin: Greek, early 19th century Definition: A theory of ethics that establishes rules of right and wrong actions; the study of determining the right way to live life, based on duty and moral obligation Examples of Deontology in a sentence “After studying deontology in her Intro to Philosophy class she became obsessed with creating rules for her roommates to follow.” “The Golden Rule is one of the most basic

Read More

What are the Most Popular Real Estate Listing Photos? New HomeJab Study Reveals the Answers

  • by
  • Comment Off
  • 732 views

A new study of real estate photography data from HomeJab finds that the most popular real estate listing photo is not the home’s front exterior. Instead, bedroom photos were ranked first, barely nudging out kitchen photos. Front exterior shots placed a distant fifth. HomeJab, which provides real estate agents on-demand professional real estate photography and other visual production services in all 50 states, partnered with Artificial Intelligence firm Restb.ai to study more than 14,000 photos of homes for

Read More