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So far Ben Verde has created 74 blog entries.

Skyrocketing home prices diminish rental returns: Report

The report found that three-quarters of counties where median home prices exceeded $250,000 saw declines in rental yields. Returns on single-family rentals are dropping across the United States as home price growth outpaces rent growth, according to a new report. The report, from real estate data curator Attom Data Solutions, found that profits on three-bedroom

By |2022-05-21T09:55:48-07:00May 20th, 2022|Technology|

Adopting problem-solving tech as the market evolves

Technology is at its most useful when it is solving problems and making experiences more user-friendly — a rule that applies to real estate tech. In a shifting real estate market, the guidance and expertise that Inman imparts is never more valuable. Whether at our events, or with our daily news coverage and how-to journalism,

By |2022-05-20T09:53:17-07:00May 19th, 2022|Technology|

Competition declines for second straight month, report finds

The dip in competition can be attributed to the increase in mortgage rates, which reached 5.3 percent in May after starting March at just 3.76 percent. Homebuyer competition saw its second straight month of declines in April as rising mortgage rates take their toll on the housing market, according to a new report. The report

By |2022-05-19T09:55:21-07:00May 18th, 2022|Technology|

Construction starts dip as mortgage rates surged in April

New residential construction slowed in April as higher interest rates hampered affordability and demand waned for new homes, according to data released Wednesday by the U.S. Census Bureau. New construction permits were at a seasonally adjusted rate of 1,819,000 in April, a 3.2 percent decline from March, but up 3.1 percent from April 2021, according

By |2022-05-19T09:55:25-07:00May 18th, 2022|Technology|

Biden administration unveils 5-year plan to close housing supply gap

The plan focuses on the federally funded construction of hundreds of thousands of affordable units, the loosening of restrictive zoning and the introduction of new federal financing options. The Biden administration announced on Monday a five-year plan to ease housing costs for American families by boosting the country’s affordable housing supply. The plan focuses primarily

By |2022-05-18T09:51:40-07:00May 17th, 2022|Technology|

Realtor.com first to add wildfire risk data to listings, helping consumers

Listings on Realtor.com will now include a fire factor rating from the nonprofit research group First Street Foundation and information from the U.S. Department of Agriculture Fire Service. Homes listed on Realtor.com will now include property-specific wildfire risk information, making the News Corporation-owned listings portal the first to do so, the company announced on Monday,

By |2022-05-17T09:51:09-07:00May 16th, 2022|Technology|

California mansion on the brink of $10M sale destroyed by wildfire

A $10 million California mansion was “one signature away” from a sale before it was destroyed by a wildfire on Wednesday, according to reports. The palatial abode in Laguna Beach was pulverized as strong winds whipped the brush fire through the ritzy Laguna Niguel neighborhood, the home’s listing agent told the Orange County Register. The 10,000-square-foot

By |2022-05-17T09:51:11-07:00May 16th, 2022|Technology|

WeWork sees revenue uptick in Q1 as losses narrow

WeWork reported revenues of $765 million, a 7 percent increase from the previous quarter and a 28 percent increase from the first quarter of 2021, according to an earnings call Thursday morning. The embattled co-working startup WeWork reported its financial results for the first quarter of 2022 on Thursday, showing an increase in revenues as

By |2022-05-12T09:51:56-07:00May 12th, 2022|Technology|

Homeowner equity increased 3% during Q1

Nearly 45 percent of homes were considered equity rich, up from 41.9 percent in the fourth quarter of 2021, and just 31.9 percent in the first quarter of 2021. Homeowner equity continued to increase in the first quarter of 2021 as home values continued their upward growth, according to data released Thursday. In the United

By |2022-05-12T09:52:04-07:00May 11th, 2022|Technology|
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