Here’s a summary of recent housing market and economic reports that came across the MBA NewsLink desk:
Tag: Zillow
Housing Market Roundup: Mar. 25, 2022
Here is a summary of housing market reports that came across the MBA NewsLink desk this week:
Housing Market Roundup Mar. 16, 2022: Demand for Vacation Homes Falls to 2-Year Low
Here’s a quick recap of housing market stories that have recently come across the MBA NewsLink desk:
RealPage: Apartment Rent Growth Points to Moderation
Apartment rents reverted to more normal rate in February even as occupancy held at record highs, reported RealPage, Richardson, Texas.
Industry Briefs Feb. 18, 2022: Constellation Mortgage Solutions Acquires ReverseVision
Constellation Mortgage Solutions Inc., Southfield, Mich., acquired ReverseVision Inc., San Diego, a provider of Home Equity Conversion Mortgage and private reverse mortgage sales origination software.
Million-Dollar Cities Club Gets 146 New Members
Zillow, Seattle, reported a record 146 U.S. metros became new “million-dollar cities” in 2021, making 481 cities in which the typical home value is at least $1 million.
Regrets? Recent Home Buyers Have Had a Few
In this hyper-competitive housing environment, most home buyers who even consider themselves lucky enough to have found a home have some regrets about their purchase—and the process, said Zillow, Seattle.
Millennial Demand Drives Price Increases in Kid-Friendly Neighborhoods
Zillow, Seattle, said home values are growing fastest in areas with the highest share of kids, reflecting the impact Millennials are having on family-friendly neighborhoods with a shortage of available homes.
Zillow: Inventory Plunges 40% from Pre-COVID Levels as Price Growth Intensifies
No rest for weary would-be home buyers: Zillow, Seattle, said anxious buyers outnumbered dwindling new listings and drove inventory to record low levels in December.
Industry Briefs Jan.12, 2022: nCino Completes Acquisition of SimpleNexus
nCino Inc., Wilmington, N.C., completed its acquisition of SimpleNexus, a cloud-based, mobile-first homeownership software company, for total consideration of 12.76 million shares of nCino common stock plus cash consideration of $270 million, on a cash-free, debt-free basis and excluding transaction expenses.