REI INK

HOME FLIPPING DECLINES AGAIN ACROSS U.S. IN 2024 AS PROFITS REMAIN LOW

Flipping Activity by Investors Drops for Second Straight Year, Down 32 Percent Over That Time; Investment Returns Inch Upward but Still Sit Near Low Point Over Past Decade; Almost Two-Thirds of Flipped Homes Purchased with Cash ATTOM, a leading curator of land, property data, and real estate analytics, released its year-end 2024 U.S. Home Flipping Report, which shows that 297,885 single-family homes and condos in the United States were flipped in 2024. That

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Brent Houston, Founding Member and Chief Operations Officer at ARDRI, Pioneers a New Era in Mortgage Banking Innovation

Bridging Technology and Finance to Streamline Non-QM and Business Purpose Lending ARDRI, the leader in intelligent non-QM and Business Purpose lending solutions, is proud to announce the leadership of Brent Houston, a seasoned industry veteran and founding member who now serves as Chief Operations Officer. Houston has over 30 years of diverse experience in mortgage banking, real estate, asset management, and portfolio lending. His extensive entrepreneurial background uniquely positions him

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Redfin Reports Home Prices Are Rising Fast in the Midwest

Home prices in Milwaukee jumped 20% year over year in February, a bigger increase than any other major U.S. metro. Nationwide, prices rose 3%, and pending sales fell the most since 2023. The Midwest is home to three of the five metro areas where home prices are rising fastest, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In Milwaukee, the median home sale price rose a record 20%

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PROPERTY MELD EXPANDS PROPERTY MAINTENANCE OPERATIONS WITH ADDITION OF ZINSPECTOR INTEGRATION

Property Meld, the leading property maintenance platform for property managers, announces its strategic integration with zInspector, highlighting its commitment to advancing property maintenance operations (PMO). This partnership marks a significant leap in unifying inspections and maintenance, enhancing efficiency while capturing reliable data for smarter maintenance decisions, naturally propelling PMO to the next level. This partnership fits into Property Meld’s broader plan for ‘Nexus’, its initiative to bring every facet of maintenance

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U.S. FORECLOSURE ACTIVITY INCREASES MONTHLY IN FEBRUARY 2025

Completed Foreclosures (REOs) Decline from Previous Year; Foreclosure Starts Up Monthly and Annually Nationwide ATTOM, a leading curator of land, property data, and real estate analytics, released its February 2025 U.S. Foreclosure Market Report, which shows there were a total of 32,383 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions – up 5 percent from the prior month but down 1.7 percent from a year ago. “February’s rise in foreclosure filings suggests

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ServiceLink Survey Reveals Gen Z Is Primed To Buy, But Tolerance For High Costs Is Waning

The 2025 ServiceLink State of Homebuying Report highlights generational preferences and trends from today’s homebuyers A new report released from ServiceLink, the nation’s premier provider of tech-enabled mortgage services, revealed that Gen Z remains eager and ready to buy a home this year. But high interest rates and home prices could deter them from crossing the finish line as their tolerance is waning. The annual survey analyzes generational trends among recent

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