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HOME AFFORDABILITY GETS EVEN TOUGHER ACROSS U.S. DURING Q3
Major Home-Ownership Expenses Consume 35 Percent of Average Wage Nationwide, Reaching Another High Over the Past Decade; Historic Affordability Drops to New Low ATTOM, a leading curator of land, property, […]
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The Man, The Myth, The King of Data
Rick Sharga is the founder and CEO of CJ Patrick Company, a market intelligence firm providing industry insights, forecasts, and analysis to real estate companies. Rick has years of experience […]
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Renting Beats Buying in All but Three of the Largest U.S. Metros
Buying a starter home in the top 50 metros cost $1,111 (60.3%) more than renting in August, as median U.S. rents see fourth consecutive month of year-over-year declines The elevated mortgage rates, […]
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HOME FLIPPING ACTIVITY DROPS AS PROFITS RISE ACROSS U.S. IN SECOND QUARTER OF 2023
Flipping Rate Declines to Near Low Point Since 2021;Typical Profit Margins Increase at Fastest Quarterly Pace in Three Years Following Extended Slump;Raw Flipping Profits Also Rebound, Up 18 Percent Over […]
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RCN Capital Announces Preferred Partnership with REiDEAL MASTER
RCN Capital, a leading nationwide private lender specializing in financing for real estate investors, announced its partnership with REiDEAL MASTER, a comprehensive technology platform that provides real estate investors with state-of-the-art […]
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Mild Recession Remains Likeliest Outcome as Inflation and Labor Markets Cool
Housing Faces Renewed Headwinds from 7 Percent Mortgage Rates, but Downside Risk to Home Sales is Limited With underlying inflation decelerating and signs that the labor market is cooling, the […]
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New Jersey And Illinois Have Highest Concentrations Of Housing Markets At Risk Of Declines
Areas More Vulnerable to Downturns Clustered in New York City, Chicago and Philadelphia Metro Areas, Based on Measures from Second Quarter of 2023;  South and New England Less Exposed to […]
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FoxyAI Unveils FoxyAI-GPT: A Generative AI Model Designed to Revolutionize Real Estate Research and Analysis
Real Estate’s AI Experts Reinforce their Commitment to Innovation by Introducing the Latest Frontier in Generative AI Technology FoxyAI, a PropTech leader in real estate visualization and property intelligence, proudly […]
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MAYFLOWER DATA ILLUSTRATES BOOM IN MID-SIZE METRO AREAS FOR MOVERS IN THE U.S.
New “Finding Home” data reveals the increasing preferences for location amenities and a sense of community offered by mid-size urban cities The looming effects of COVID, coupled with an uncertain […]
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U.S. Foreclosure Activity Sees Uplift In August 2023
Foreclosure Starts Increase 9 Percent from Last Month;  Completed Foreclosures Up 1 Percent from Last Month ATTOM, a leading curator of land, property, and real estate data, released its August 2023 […]