Single-family rent increases 3.3% year over year in June: CoreLogic

U.S. single-family rents grew by 3.3% year over year in June, the lowest gain since autumn 2020, according to a new report from property data provider CoreLogic. Meanwhile, monthly rent growth was 1.1%, nearly identical to June’s pre-pandemic average of 1%.Corelogic’s Single-Family Rent Index (SFRI)
Read MorePotomac River Castle Outside Washington, D.C. Seeks $22 Million

Not so for a luxury landmark property on the Potomac River in Virginia that may look more at home in Europe than the nation’s capital.
Read MoreICE, Black Knight merger deal to close September 5

Intercontinental Exchange Inc. (ICE) and Black Knight announced late Friday an agreement with the Federal Trade Commission (FTC) for the $11.7 billion merger deal to go through. The settlement comes months after the FTC sued ICE alleging antitrust concerns surrounding a buyout of Black Knight. Accor
Read MoreGuild Mortgage acquires First Centennial Mortgage

Retail lender Guild Mortgage announced Monday the acquisition of First Centennial Mortgage, a privately-held Illinois-based lender with 15 branches predominantly in the Midwest and a presence in 17 states. The terms of the deal were not disclosed.Guild has been acquiring lenders to expand in local m
Read MoreHere Are The Richest Cities In Georgia, Per The Latest Census Data

Georgia has experienced absolutely staggering growth over the last 30 years, both in population and wealth. Find out the richest cities in Georgia today.
Read MoreArtSugar Launches A Nursery Line And Collaboration With Play-Doh

Sugar baby. ArtSugar's nursery art and decor launch is hardly kid stuff.
Read MoreHome Away From Home: The Best Gifts For College Students

If you're sending your kids off to college, these are the bst gifts for college students, which living in a dorm room or in off-campus housing
Read MoreNew listings take a hit, possibly due to higher mortgage rates
Did the recent move in higher mortgage rates impact the new listings data more than normal? I hope this isn’t the case, but we had a noticeable move lower in new listings last week. The Fed spoke at Jackson Hole last Friday but that didn’t move mortgage rates much. Also, purchase applications data t
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The National Association of Realtors (NAR) has ignored numerous sexual harassment complaints, including against its president Kenny Parcell, according to over two dozen women who spoke to the New York Times in a bombshell exposé about the trade group. In all, 29 women described to the Times a cultur
Read More Elevating women in real estate: A look at where we are need to go

The fight for gender equity in the workplace remains a challenge, especially when it comes to the number of women in leadership positions. Frankly, the statistics speak for themselves. A survey found that 14% of men working in female-dominated industries already hold an executive level position, com
Read MoreWhat’s The Best Type Of Tenant?

Today, regardless of whether you are dealing with multifamily, office, or retail, you’ll want to consider what you as a landlord can offer renters.
Read MoreClosing the gap: Increasing homeownership among diverse communities

Homeownership is a hallmark of the American Dream; it’s one of the few paths to building generational wealth and achieving financial freedom. Unfortunately, for many, it can feel like a pipedream. According to a recent report from the U.S. Census, the homeownership rate has dropped to 63.1%, its low
Read MoreKW will cut profit sharing for agents who joined rivals

Keller Williams is going with the carrot and the stick approach. The franchisor just announced a significant adjustment to its profit sharing program, aimed at rewarding agents who stay with the company and punishing vested agents who left for competitors. Keller Williams President Marc King last we
Read MoreZillow Home Loans rolls out 1% down payment option program

Zillow‘s mortgage arm launched a down payment assistance program where the company will cover 2% of the borrower’s down payment at closing, allowing buyers to pay just 1% upfront.The program is available for eligible borrowers in Arizona and will expand to additional markets, Zillow Home Loans said
Read MoreWhat A Bankruptcy Might Mean For WeWork’s Tenants

Nobody knows exactly what will happen, and we are just at the start of a process that will have many twists and turns.
Read MoreHousing sector is showing signs of picking back up: Powell

In a hawkish tone, Jerome Powell said that Federal Reserve (Fed) officials are prepared to raise the federal funds rate further and hold it at high levels until they are confident that inflation is moving sustainably down to the 2% target. And that’s unclear at this point.There are some sources of p
Read MoreMortgage lender AmeriFirst Financial files for bankruptcy

Retail lender AmeriFirst Financial Inc. filed for Chapter 11 bankruptcy protection in Delaware, just two months after it got back into the forward mortgage origination business.The Mesa, Arizona-based company listed estimated assets and liabilities as much as $100 million each, according to a filing
Read MoreHere’s How To Turn Your Bedroom Into A Tranquil Relaxation Zone

The feeling you get in your bedroom is incredibly important because you want to feel calm and relaxed.
Read MoreThe Two Fastest-Growing Types Of Built-For-Rent, And The Metro Markets That Love Them

Growth is rapid in two types of BTR: horizontal apartments and townhomes. Dallas, Orlando, Atlanta, Nashville, Tampa, Phoenix, Denver, and other markets are driving this trend.
Read MoreMortgage payments increased 17% annually to $2,162 in July

Homebuyer affordability remained unchanged in July from June, according to Mortgage Bankers Association‘s (MBA) Purchase Applications Payment Index (PAPI). The index measures how new monthly mortgage payments vary across time, relative to income, drawing from data from MBA’s weekly applications surv
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