REI INK

Invitation Homes Promotes Tim Lobner to Chief Operating Officer

  • by
  • Comment Off
  • 208 views

Invitation Homes Inc. announced the promotion of Timothy J. Lobner to Executive Vice President and Chief Operating Officer, effective March 2. Charles D. Young will continue in the role of President. “We are extremely pleased to expand the role Tim plays in the organization and at the same time position Charles to focus more closely on our long-term strategy, including our plans for growth,” said Dallas Tanner, the Company’s Chief

Read More

REFINANCE ACTIVITY UP AGAIN DURING FOURTH QUARTER DESPITE BROADER U.S. DOWNTURN IN HOME MORTGAGES

  • by
  • Comment Off
  • 220 views

Home Loans Shrink 3 Percent Quarterly as Interest Rates Climb and Sales Listings Remain Low; Purchase and Home-Equity Lending Dips While Refinance Deals Increase Again; Total Activity Still Down 60 Percent from 2021 Peak ATTOM, a leading curator of land, property data, and real estate analytics, released its fourth-quarter 2024 U.S. Residential Property Mortgage Origination Report, which shows that 1.64 million mortgages secured by residential property (1 to 4 units) were issued in

Read More

ZOMBIE FORECLOSURES REMAIN A SMALL FRACTION OF U.S. HOUSING INVENTORY IN FIRST QUARTER OF 2025

  • by
  • Comment Off
  • 359 views

Only One in 14,700 U.S. Homes Sit Vacant During Foreclosure, Near Five-Year Low;  Zombie Foreclosures Virtually Unchanged Quarterly, Down 3 Percent Annually;  Trends Hold as Overall Foreclosure Activity Remains Down ATTOM, a leading curator of land, property data, and real estate analytics, released its first-quarter 2025 Vacant Property and Zombie Foreclosure Report showing that 1.4 million (1,372,396) residential properties in the United States are vacant. That figure represents 1.3 percent, or one in 76 homes,

Read More

Economy Enters 2025 on Strong Footing as Markets Digest Policy Uncertainty

  • by
  • Comment Off
  • 223 views

Mortgage Rates Predicted to End 2025 at 6.6 Percent but Remain Volatile Incoming gross domestic product (GDP), labor market, and inflation data point to an economy that entered 2025 with strong momentum, according to the February 2025 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. While the ESR Group’s GDP outlook is unchanged at 2.2 percent Q4/Q4 in 2025, it revised upward its expectations for the Consumer Price

Read More

The Expanding Demand for ADU Construction Creates the Perfect Springboard for an American Industry: Exporting Mesocore American homes.

  • by
  • Comment Off
  • 369 views

As California and other states forge forward with incentives and streamlined permitting of ADUs, or Accessory Dwelling Units, to help satisfy housing shortages, a timely opportunity to develop and perfect a world house develops. The desirable attributes are similar: their smaller yet efficient size, structural strength to resist natural disasters, green and sustainable with no utility costs, durability and ease of maintenance, and a short construction window. In addition, the

Read More

RE/MAX NATIONAL HOUSING REPORT FOR JANUARY 2025

  • by
  • Comment Off
  • 1,434 views

New Listings and Inventory Increase While Median Sales Price Drops Month to Month Across 52 metro areas, the number of new listings in January surged 53.7% over December and was nearly the same (down just 0.1%) as in January 2024. Inventory in January rose 5.0% from December and was 30.9% higher than a year ago. The median sales price of $422,000 was down 1.8% from December but up 5.3% – or approximately $21,000 – from January

Read More