The count of foreclosed properties saw a consistent upward trend throughout 2023, marking a year-on-year rise in comparison to 2022. As we welcome the year 2024, it’s a matter of speculation whether this trend will persist. It’s worth pondering on how to interpret these figures.
Chris Moschner, the CMO of FOA, has acknowledged an issue in linking older clients with reverse mortgages, and is aspiring to address this marketing challenge.
A recently released study predicts a significant surge in this particular market by 2024. But what market is it? And is it a smart investment choice?
A decrease in the rate environment is expected to increase the volume of refinancing, subsequently stimulating the currently stagnant existing home sales market.
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The year 2023 has been a relatively stagnant period for the real estate industry, with only about 4.09 million pre-owned homes changing hands. This represents the most sluggish year for sales in the housing market since 1995.
Auction trends reveal a deceleration in the bidding activity surrounding distressed properties, following a significant recovery in the middle of 2023.
The rental sector in 2024, engineered by economic and social transformations, is anticipated to be vibrant and progressively prominent. Factors such as cost issues and expanding adaptability could potentially persist as prevailing trends, leading to the rental market becoming a vital aspect of the property sector.
The agreement broadens the firm’s reach, clocking in a total of 15,067 consolidated home completions dispersed over 16 states.
Qualia alleges that a past staff member pilfered proprietary information, providing her current company, Settlor, with an unjust edge in the competitive market.