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topStories Friday, June 16, 2023
Inflation Dips to New Low Ahead of Key Fed Decision
The latest Consumer Price Index (CPI) released this morning showed inflation hitting its lowest level in over two years at 4%, providing powerful evidence that the economy is on the right track just as the Federal Reserve meets to make its next rate hike decision...
Foreclosure Activity Spikes in May

A total of 35,196 properties have foreclosure filings, up 7% from last month and 14% from last year, according to a new report from ATTOM. States with the highest foreclosure rates were...
SCOTUS, NAR Address Problem of ‘Equity Theft

Tyler v. Hennepin County addresses state and local authorities taking foreclosed homes for tax sales, no matter how small the amount of taxes due or how large the amount of accrued equity...
NAR iOi Innovator of the Year Awards Now Open

The National Association of REALTORS® t(NAR) has announced that applications and nominations are now open for the iOi Innovator of the Year Awards...
The Most Active Cities for Home Construction

47% more building permits were issued compared to the previous decade. Nationally, more than 8.3M building permits were issued...
Monday Mindset: How to Seize the Opportunities Amid All the Negative Headlines
If you pay attention to the news, you’ll think the real estate industry is in trouble. We all see the headlines pop-up on our phones about soaring interest rates. On the 24-hour news channels, it’s all about low inventory levels. In some of our industry-specific social media groups, it’s complaint after complaint...
Housing Affordability Posts Solid Gain, but Still Much Lower From a Year Ago
Multifamily Rents Rise for Third Consecutive Month
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