Category Archives: News

Zombie Properties Increase in U.S. as Foreclosure Activity Grows in 2023

Based on ATTOM’s newly released third-quarter 2023 Vacant Property and Zombie Foreclosure Report, 1.3 million (1,277,612) residential properties in the United States are vacant. That figure represents 1.3 percent, or one in 79 homes, across the nation – the same as in the second quarter of this year. The report also reveals that 315,425 residential…

Hong Kong Residential Sales Slowing in 2023 from Economic Uncertainty

Slowdown forcing Hong Kong developers to reduce prices or delay projects According to JLL’s latest Hong Kong Residential Market Monitor released this week, amongst Hong Kong projects completed in the first half of 2023, only 55% of units were sold as of the end of June 2023, lower than the average sell-through rate of 78%…

Measurabl Partners with Voya Investment Management

Measurabl, the world’s most widely adopted ESG (environmental, social, governance) platform for real estate, has secured a significant partnership to provide sustainability due diligence (DD) on all commercial real estate (CRE) loans issued by Voya Investment Management (Voya IM). This is a notable milestone for Measurabl’s new due diligence offering, as it demonstrates its ability…

Annual Home Price Growth in America Drops to 11 Year Low in May

Based on CoreLogic’s latest Home Price Index for May 2023, annual U.S. single-family home price growth slowed for the 12th straight month in May, falling to 1.4% increase year over year. The last time CoreLogic’s Home Price index saw annual growth fall to less than 2% was in early 2012, but U.S. appreciation still remained…

Southwest Florida Housing Markets Hit by Hurricane Ian Bouncing Back

According to national property broker Redfin, listings of homes for sale in the several Southwest Florida cities like the Cape Coral-Fort Myers metropolitan area have recovered after plunging in the wake of Hurricane Ian last fall, and sales have begun to bounce back. In the two months after the devastating September 2022 storm, there were…

How to Sell My House Fast in Washington: Cash Offer Options

Facing the task of selling your house fast can seem daunting, particularly when every tick of the clock counts. If you’re a homeowner in Washington confronted with the urgency to sell your home, you have options. Whether you’re facing a financial deadline, a life transition, or the responsibility of an inherited or distressed property, a…

How to Find and Sell to a Cash Home Buyer in New Jersey

Cash home buyers in NJ are clamoring for homes throughout the state, so now is a great time to request a cash offer. This guide will help you navigate the nuances of New Jersey’s cash-buying real estate market and give you the information you need to find the right New Jersey cash buyer for your…

How Big Is an Acre? A Guide for Homebuyers

You’ve been searching online and found a few homes that meet your criteria of three bedrooms and two bathrooms. But as you read the listing descriptions that indicate one house is on 0.23 acres and another has a lot size of 8,730 square feet, you’re baffled by what these numbers actually represent. Your digital assistant…

How to Sell a House By Owner in North Carolina

When the time comes to move, some tenacious homeowners in North Carolina are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 —…

Lack of Listings Inventory Keeps U.S. Home Prices Propped Up

According to national property broker Redfin, new listings of homes for sale fell 22.4% nationwide from a year earlier during the four weeks ending April 23, 2023, one of the biggest declines since the start of the pandemic. Homeowners are staying put because they want to hang onto their low mortgage rates–this week’s average 30-year…