Fix-and-flip activity was down in 2024, but profit margins grew slightly
The number of home flips across the U.S. fell in 2024, continuing a downward trend as real estate investors grapple with tight profit margins. According to Attom’s 2024 U.S. Home Flipping Report, investors flipped 297,885 single-family homes and condominiums last year. That marked a 7.7% decline fro
Read MoreTo prioritize speed, HUD says it will simplify disaster recovery funding process

In a move designed to increase the speed that recovery funds can be provided, the U.S. Department of Housing and Urban Development (HUD) on Thursday published a universal notice about Community Development Block Grant Disaster Recovery (CDBG-DR) programs that will consolidate guidance from disparate
Read MoreFairway promotes Amy Slotnick to lead branch optimization efforts

Fairway Independent Mortgage Corp. on Thursday announced that Amy Slotnick has been promoted to the role of president of national branch optimization for sales. Slotnick has previously served Fairway as a senior vice president and regional sales manager. Her new position will involve implementing ne
Read MoreSingle-family rent growth in January puts ‘renewed pressure on renters’

Rent growth for single-family homes ramped up at the start of 2025, according to a new report by CoreLogic. The data provider’s Single-Family Rent Index showed that rent prices jumped 2.4% during the year ending in January. January’s rent increase is only slightly higher than December’s increase of
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