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 from
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To 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
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Fairway 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 new
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