Newt Heilman BrokerLicense #: NC License # 185533

Newt Heilman BrokerLicense #: NC License # 185533

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Young renters’ inflation rate lower than general population: Study

USA Real Estate News-Inman - Wed, 2023-02-08 17:05
Gen Zers and millennials who signed new leases in December saw their cost of goods and services increase 5.6 percent and 6.1 percent, respectively, according to a new report by Redfin.

LoanDepot founder Anthony Hsieh ousted as executive chairman

USA Real Estate News-Inman - Wed, 2023-02-08 16:36
The founder is in a spat with the board after nominating real estate veteran Steve Ozonian to serve on the floundering mortgage lender's board of directors.

RESAAS is latest proptech to integrate ChatGPT

USA Real Estate News-Inman - Wed, 2023-02-08 16:33
RESAAS said it’s going to put the software to work on property descriptions to help users at the Premium and Ultimate account levels get over creative hurdles and more efficiently tackle general marketing tasks.

OJO nets $200M via sale of Canadian operations, new debt raise

USA Real Estate News-Inman - Wed, 2023-02-08 15:24
The company is selling its Canadian operations to Royal Bank of Canada, while also raising new funds from Vista Credit Partners.

BCI Notches Historic Increase as Consumer Confidence Surges

USA Real Estate News-RISMedia - Wed, 2023-02-08 15:04

The start of the new year is coinciding with a huge swell of optimism from real estate leaders, as RISMedia’s Broker Confidence Index (BCI) saw its largest single-month increase ever in January, shooting up from 5.5 to 6.5 against a backdrop of positive economic data and signs of new life in many markets. After falling…

The post BCI Notches Historic Increase as Consumer Confidence Surges appeared first on RISMedia.

The Most Popular Cities for Millennial Homebuyers

USA Real Estate News-RISMedia - Wed, 2023-02-08 15:03

Though it may sometimes seem as if millennials are destined to rent or live in their parents’ basements forever, they make up the largest share of homebuyers in the U.S., surpassing older (and richer) generations, according to a new report from LendingTree. To highlight where millennials are looking to buy, LendingTree’s new report analyzed mortgage…

The post The Most Popular Cities for Millennial Homebuyers appeared first on RISMedia.

Mortgage Applications Make a Positive Turnabout This Week

USA Real Estate News-RISMedia - Wed, 2023-02-08 15:02

After a brief dip reported a week ago, mortgage applications increased this week 7.4% from a 9.0% decrease one week earlier, according to the latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 3, 2023. This week’s numbers: The Market Composite Index, a measure of mortgage loan…

The post Mortgage Applications Make a Positive Turnabout This Week appeared first on RISMedia.

Multifamily Rents Flat as Economic Fears Ease

USA Real Estate News-RISMedia - Wed, 2023-02-08 15:01

After declining in the fourth quarter as growth decelerates, multifamily rents were flat in January at an average of $1,701, unchanged from December, according to a new from Yardi Matrix.  Yardi Matrix’s National Multifamily Report for January found that year-over-year rent growth continues to decline and is now 5.5%, down 70 basis points from last…

The post Multifamily Rents Flat as Economic Fears Ease appeared first on RISMedia.

UK-Based Chestertons Joins Forbes Global Properties Network

USA Real Estate News-RISMedia - Wed, 2023-02-08 15:00

Forbes Global Properties has announced UK-based brokerage Chestertons as the newest member of its business network. Established in 1805, and today owned by chairman Salah Mussa, Chestertons will exclusively represent the Forbes Global Properties brand in its home city of London. Chestertons has one of London’s largest office networks with nearly 600 employees, the  company…

The post UK-Based Chestertons Joins Forbes Global Properties Network appeared first on RISMedia.

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