Awards and Honors, Business, Free News Articles, Real Estate

Swift Homes Honored in IMN’s Single Family Rental Awards

ATLANTA, Ga. -- The Information Management Network (IMN) recently announced its Single Family Rental (SFR) Awards and named Swift Homes to the shortlist for Online Marketplace of the Year. The awards celebrate excellence in the single-family rental industry.

"We're honored to announce that we have been shortlisted," Zach Fertig, Swift Homes President and Co-founder, said.

Swift Homes is a marketplace that sources off-market, single-family homes for institutional single family rental funds directly from homeowners. The company has already seen exponential growth which is expected to continue into 2023.

The founding of Swift Homes was inspired by the realization that, when selling to flippers and traditional wholesalers, many who sell off-market get significantly less than the value of their homes. The company saw an opening to help meet the needs of those seeking to sell easily and efficiently, but at the best possible price.

Today, Swift Homes provides SFR buyers with high-quality and high-yield deals while minimizing the use of the SFR fund's in-house resources. Swift Homes employees treat the company's buyers as partners and assist them by managing the transaction for them from start to finish. They also strive to improve the home selling experience for their sellers.

To speak to that effort, Swift Homes has 500+ 5-star reviews and an A+ rating from the Better Business Bureau. The positive experience for customers stems from the company's unique approach. "We believe the personalized concierge service we provide for both our buyers and sellers helps to set us apart from others in the industry," Fertig said.

Swift Homes currently focuses on the southeast and midwest regions, with 17 active markets - and anticipated growth into new markets. Swift helps homeowners sell their home in Atlanta, Dallas, Charlotte, Houston, and more. In 2023 and beyond, the company plans to add more products paired with increased functionality for its online presence. Fertig said, "In a constantly evolving industry, we will continue striving to find innovative ways to simplify and optimize the real estate transaction and launch new products for sellers, buyers, and renters alike."

The SFR Awards Ceremony will be held in Scottsdale, Arizona, on December 4, 2022. IMN will announce the winner for Online Marketplace of the Year and all of its other categories at the event.

About Swift Homes:

Swift Homes' mission is to help homeowners achieve the best outcome when selling their home. Listing a home on the market comes with huge fees and uncertainty. Local investors reduce that uncertainty, however, capitalize on homeowners in distress by purchasing their homes for very little and reselling them at massive profits.

Swift looks to put those profits back in the hands of homeowners by connecting them with a network of institutional single-family rental funds that provide competitive cash offers, complete all the repairs, and close quickly. Together the Swift Homes team has over 20 years of experience buying homes across the United States and has successfully closed on over 5,000 homes. Learn more: https://www.selltoswift.com/.

RELATED LINKS:

https://www.bbb.org/us/ga/alpharetta/profile/real-estate-services/swift-homes-0443-91820313

Related link: https://www.selltoswift.com

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Awards and Honors, Business, Free News Articles, Real Estate, Software

MMI named 2022 Inc Power Partner in Real Estate and Proptech

SALT LAKE CITY, Utah -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, announced today that it has been named a 2022 Inc. Power Partner in Real Estate and Proptech. The inaugural list recognizes more than 250 business-to-business companies in 22 categories.

Inc. describes Power Partners as companies that deliver quality results on time and on budget, every time. Using a methodology that includes testimonials from client surveys, Inc. identified companies built around the express purpose of helping clients focus on their core mission.

"MMI is only as strong as our data and our clients, and it's our honor to provide quality data analytics that help our clients reach new horizons," said MMI founder and CEO Ben Teerlink. "In today's down market, data intelligence and market insights are increasingly valuable to real estate and mortgage professionals. The team at MMI has placed a premium on partnership and is constantly looking for new ways our clients can benefit even more from our data and insights. It's gratifying for those efforts to be recognized by renowned organizations such as Inc."

MMI is one of nine companies recognized in the Real Estate and Proptech category. Currently used by more than 350 enterprise customers, including 40 of the top 50 and 80 of the top 100 lenders in the country, MMI aggregates data from hundreds of sources to provide mortgage, real estate and title professionals with the information and tools necessary to target and engage potential referral partners and recruitment candidates.

Without MMI, it would be a nearly impossible task for businesses to collect and analyze this amount of data on their own. By allowing businesses to sort and view the data in a myriad of ways, MMI's platform becomes a customizable tool and provides businesses with the ability to determine the best way to view and use the data to advance their goals. In addition to providing a wide set of data, MMI also provides businesses with the tools and scripts necessary to approach potential referral partners and enter into a mutually beneficial relationship.

The complete list of Power Partners can be found here: https://www.inc.com/power-partner-awards/2022.

About MMI:

Mobility Market Intelligence (MMI) is a market leader in data intelligence and market insight tools for the mortgage and real estate industries. Headquartered in Salt Lake City, the company's signature product, MMI, provides actionable intelligence for lenders, real estate agents, real estate brokerages, title companies and others in the real estate industry. MMI is currently used by more than 350 enterprise customers, including 20 of the top 25 lenders in the country. To learn more, visit https://mmi.io or contact sales@mmi.io.

Related link: https://mmi.io

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Awards and Honors, Business, Free News Articles, Real Estate

McCaw Property Management Named to the 18th Annual Aggie 100™, Honored as Fastest-Growing Company

COLLEGE STATION, Texas -- McCaw Property Management of Keller, Texas is among the top 100 companies from around the world selected for the 18th annual Aggie 100™ which honors the fastest-growing companies owned by former students of Texas A&M University. McCaw Property Management was recognized as number 58 with a compound annual growth rate of 49.87%. The Aggie 100 is founded and sponsored by the McFerrin Center for Entrepreneurship at Texas A&M University.

Kyle McCaw, Licensed Real Estate Broker, founded McCaw Property Management as a fledgling, one-man real estate boutique. Under his leadership, the company has grown to a staff of 18 that is trained in residential property management services throughout Texas with 900+ residential properties under management.

Their affordable property management services offer tenant placement and feedback, rental property cleaning, property maintenance, and repairs, rent collection and remittance, detailed rental property inspections, and much more. For a small fee that is deducted from rental payments each month, our clients have the peace of mind of knowing that they have a thorough, trustworthy property management company working with them to keep tenants happy and investment property running smoothly 24/7.

"Texas A&M University holds a special place in my heart. To be honored by the same University that I owe so much to is beyond humbling," said Kyle McCaw.

The 100 Aggie-owned companies with the highest compound annual revenue growth from 2019 to 2021 were recognized at a formal celebration at the Hall of Champions at Texas A&M University's Kyle Field on Nov. 4, 2022. The honorees were joined in celebration by family, friends, employees, faculty, administrators, current students, and fellow entrepreneurs.

"Now in its 18th year, the Aggie 100 continues to re-set the standard for recognizing and celebrating the best of our Aggie entrepreneurs across the globe," said Blake Petty '98, executive director of the McFerrin Center for Entrepreneurship. "These 100 companies and their Aggie founders and leaders have proven their determination for success, and we're excited to welcome them to the Aggie 100 family. This year saw our second-highest number of applications ever, indicating just how competitive these rankings have become. This 18th class of the Aggie 100 represents the cream that has truly risen to the top, and we're honored to be a part of their company's story and success."

A complete list of Aggie 100 companies, including past years, can be viewed at https://aggie100.com/.

About McCaw Property Management:

McCaw Property Management specializes in managing residential income property throughout Texas.

Investing in real estate does not have to be scary or time-consuming. At McCaw Property Management, we are passionate about creating long-term wealth and income through real estate investing. Our professionals provide high-quality real estate and property management services that monetize your investments in Dallas, Fort Worth, and other surrounding cities in Texas. Let us do the hard work.

Learn more at: https://mccawpropertymanagement.com/

You can also call us or visit our office at:

McCaw Property Management LLC

1670 Keller Pkwy Suite 100, Keller, TX 762248, USA

(817) 491-2553

Related link: https://mccawpropertymanagement.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Real Estate

Beycome.com announces its expansion in Texas

AUSTIN, Texas -- Beycome.com, a no-agent digital real estate brokerage, is thrilled to announce that its platform is now available in Texas as of October 5, 2022. With the aim of integrating with all 44 multiple listing services by the end of the year, Beycome.com will first integrate with Houston MLS (HAR), Austin MLS (ACTRIS), North Texas Real Estate Info Systems (NTREIS), San Antonio MLS (SABOR), Central Texas MLS (CTXMLS) and Greater El Paso MLS (GEPAR), covering 86% of the state.

Additionally, the company will offer title solutions to complement their service offering, creating a full-service experience where buyers can sell, buy, and even do title all in one place.

Through its proprietary software, Beycome.com is disrupting residential real estate by enabling people to buy or sell a home without requiring an agent. By bringing buyers and sellers together, the Beycome platform empowers people to become their best do-it-yourself agents. Up to 2% cash back is offered to buyers on the platform, and sellers can list their properties for a flat fee, saving them up to 6% on commission.

Beycome's platform is available in Florida, Illinois, Georgia, Alabama, California, North Carolina, and South Carolina. Beycome is even the third largest brokerage in Florida and Illinois based on volume.

Texas homeowners looking to sell their property can do so with Beycome for a flat fee of $99. Adding a house to the MLS is as easy as ever with Beycome, sellers just fill out a quick form with the details of their house, the price they desire, and Beycome adds it to all integrated MLSs within 24 hours. Buying and selling offers can be handled entirely online through Beycome's platform. A full suite of resources is available, including marketing materials that keep buyers in the loop about a listed property. To add value to a listing and sell faster, sellers can also hire a photographer with Beycome. Buyers and sellers can manage their offers completely online.

Since its launch in July 2020, Beycome has saved customers more than $50 million in commissions and averages a closing every 40 minutes. With a goal of educating homeowners to become their own realtor, Beycome prioritizes service and support over sales.

"The main focus of our company is to help homeowners become their own real estate agents. They handle all negotiations and showings themselves, which in turn allows them to get the most out of their sale or rental. Our users closed two weeks faster than the industry average, and that's proof that the model works," says Nico Jodin, Happy Founder and CEO of Beycome.

Learn more at: https://www.Beycome.com/

Related link: https://www.beycome.com/

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Alliances and Partnerships, Business, Free News Articles, Real Estate, Software

San Antonio Board of REALTORS® implements Down Payment Resource to raise Realtor and homebuyer awareness of down payment assistance programs

ATLANTA, Ga. -- The San Antonio Board of REALTORS® (SABOR) today announced that it has partnered with Down Payment Resource (DPR) to provide its approximately 16,000 multiple listing service (MLS) subscribers with access to DPR's toolset that helps real estate agents connect clients with programs that can help save on down payments and closing costs.

SABOR is a primary resource homebuyers and sellers in the San Antonio area use to search and list local property listings and connect with a REALTOR®. SABOR's partnership with DPR will enable its REALTOR® members and MLS subscribers to identify SABOR listings that are eligible for homebuyer and down payment assistance (DPA) programs funded at the state, local and national level.

DPR reports that almost 86% of SABOR's property inventory is eligible for one or more of the 64 total homebuyer assistance programs in the Greater San Antonio area. Assistance amounts range from $5,000 to $30,000 and can be used by homebuyers that earn as much as $104,000 per year toward homes priced up to $647,000, though income and price limits are even higher in certain targeted areas. On average, homes in SABOR's service region are eligible for roughly $16,000.

"SABOR members have long been champions of the San Antonio community, and we are dedicated to helping homebuyers access safe and sustainable homeownership," said SABOR CEO Gilbert Gonzalez. "Our partnership with DPR will help our real estate members better serve their clients by shedding light on the ample homebuyer assistance programs available in our region. SABOR looks forward to further supporting homeownership in San Antonio with DPR's support and user-friendly digital tools."

"San Antonio is one of the least affordable U.S. cities for renters, which is why it is so important for residents to be connected with resources like down payment assistance to make the leap from renter to homeowner," said Rob Chrane, CEO of DPR. "We are proud to share our comprehensive database of homebuyer assistance programs - including down payment assistance, grants, affordable first mortgages and more - to help SABOR members better serve their communities with the financial resources that help make homeownership achievable."

About Down Payment Resource:

Down Payment Resource (DPR) is a nationwide database of down payment assistance and affordable lending programs. The company tracks funding status, eligibility rules, benefits and more for approximately 2,200 programs in 11 categories. Its award winning technology helps the housing industry connect more homebuyers to the down payment help they need. DPR has been recognized by Inman News as "Most Innovative New Technology" and the HousingWire Tech100™. DPR is licensed to Multiple Listing Services, Realtor Associations, lenders and housing counselors across the country. DPR's subscription based service, Down Payment Connect, helps agents and loan officers match buyers to available programs. For more information, please visit DownPaymentResource.com and on Twitter at @DwnPmtResource .

About SABOR:

The San Antonio Board of REALTORS® is your primary resource when it comes to finding a REALTOR® and buying and selling in the San Antonio area. It is the largest professional trade association in San Antonio and represents over 15,000 REALTOR® members. SABOR's membership services ten counties including Bexar, Atascosa, Frio, Karnes, Kendall, LaSalle, McMullen, Medina, Uvalde, and Wilson. SABOR is one of over 1,200 local boards and 54 state and territory organizations of REALTORS® nationwide that make up the National Association of REALTORS® (NAR).

Related link: https://www.downpaymentresource.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Free News Articles, Real Estate

Swift Homes Makes It Easy for Georgia Homeowners to Sell Their Homes Fast

ATLANTA, Ga. -- Swift Homes, a nationally-recognized enterprise that facilitates home sales for customers across the United States, has worked on many transactions in the State of Georgia. The company is composed of experienced and highly knowledgeable individuals committed to helping homeowners sell their properties as swiftly as possible for competitive cash offers.

Many sellers in Atlanta, Columbus, and beyond choose Swift Homes because they offer a streamlined process with exceptional customer service. By providing offers on houses in as-is condition, Swift Homes also eliminates some of the hassle and stress that homeowners might otherwise experience.

Having operated in the industry for many years now, Swift Homes recognizes the numerous downsides that can come along with traditional real estate deals. Homeowners opting to work with real estate agents have commission fees to contend with, as well as the potential inconvenience and frustration of home showings and back-and-forth negotiations. A lot of Swift Homes' appeal stems from the fact that they operate in a different, more customer-friendly manner. While the company typically works on transactions for single-family properties that are subsequently rented out to local families in need of housing, they do occasionally consider other kinds of properties as well.

Homeowners in cities like Augusta, Savannah, and Roswell also choose to work with Swift Homes because the company's cash offers are consistently dependable. This reliability stems from the company's backing by a robust private equity fund. Most sellers also greatly appreciate that they are not required to invest substantial time or money into making extensive repairs or large-scale renovations. All of this translates to transactions that are concluded as rapidly and smoothly as possible.

At this point, the Swift Homes team has facilitated the purchase of an astounding number of homes: more than 5,000 from coast to coast. Whether they're experiencing unexpected financial hardships, changes in occupation, or anything else necessitating selling a residential property quickly, homeowners have peace of mind knowing that the team at Swift Homes is in their corner.

Swift Homes' time-tested process has a number of clearly-defined steps for sellers to follow. The first matter of business is for homeowners to submit their property details to the company directly. Once that is sent to Swift Homes, their associates will analyze the information presented and put together a personalized deal proposal with the cash offer attached. Prospective sellers are under no obligation whatsoever to accept the offers they receive, and will not face any pressure from Swift Homes to go along with deals they are not comfortable with. For those that do want to move forward, Swift Homes schedules standard third party inspections so that the houses can be assessed in full. As soon as the agreed upon closing date has arrived and all requirements have been met, the company furnishes cash payments to the customers.

With an effective process, highly competitive cash offers backed by private equity, and exemplary customer service, Swift Homes remains confident in its ability to provide homeowners in places like Sandy Springs, Alpharetta, and Marietta with an unmatched home selling experience. Sellers seeking to work with Swift Homes are able to maintain control of the process from beginning to end, and can decline to move forward at any time.

Residents of Georgia and other states interested in selling their homes can call (877) 861-2466 to speak with a friendly Swift Homes representative.

The company also encourages those desiring additional information to visit https://www.selltoswift.com/ or send email correspondence to hello@SellToSwift.com.

Related link: https://www.selltoswift.com

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Architecture, Free News Articles, Real Estate, Regional Events

The Hyde Park Homes Tour Showcases Century-Old Homes this October

KANSAS CITY, Mo. -- Five historic homes and one historic stone chapel, will open their doors for tours during the biennial Hyde Park Historic Homes Tour. The Tour hosted by The Hyde Park Neighborhood Association (HPNA) will be held Saturday, October 1 from 10 a.m. until 6 p.m.

The biennial tour showcases the architectural diversity and unique character of historic Hyde Park, which is nestled in the heart of midtown Kansas City, conveniently located between the Plaza and Crown Center.

TOUR HOMES INCLUDE:

* 3341 Campbell Street, a unique modification of a traditional Kansas City Shirtwaist style home. Built in 1904 by the Cowherd Bros., it was at one time owned by Abraham Rheinstrom. After WWII, this home was turned into rooms for rent, but it is now, once again, a single-family home.

* 819 E. 31st Street, is a two story live-work space. The home's first floor is dedicated work and play space and includes the homeowner's office, collector car space, and a golf simulator. The second floor is a soaring modern style space built for entertaining.

* 2 Janssen Place, an Italianate Revival built in 1905 by lumber businessman John Henry Tschudy. Interior woodwork features eleven different woods. The current owners bought the home in 1985 and have done an extensive restoration, for which they received a special Preservation Award from the Historic Kansas City Foundation in 1994. The home has also been featured by Hallmark on holiday cards.

* 4343 Campbell Street, a Kansas City shirtwaist built in 1900. The home was formerly the Rockingham Academy for girls, where Joan Crawford attended and lived from 1919-1922. The home was derelict for decades until recently when it was renovated and restored to its former glory.

* 4346 Harrison Street, a stately 1908 brick home featuring original and unique millwork throughout. The home has been renovated and features a large kitchen with wraparound island and a third floor primary bedroom suite.

* 3801 Gillham Road, Pilgrim Chapel and its parsonage house were built in 1941 and 1942. The structure is stone with exposed stone interior walls and timber trusses.

Climate-controlled shuttle buses transport visitors to each stop on the Saturday tour.

For further details visit https://hydeparkkc.org/homes-tour/.

To purchase tour tickets, priced from $15 to $20, visit the tour's Eventbrite page at https://www.eventbrite.com/e/hyde-park-homes-tour-tickets-403757909777

"When you visit Hyde Park, the personality of the homes and the people who live in them show our neighborhood spirit," said Angie Splittgerber, HPNA's president. "We are constantly evolving as a community, and yet, we are anchored by the desire to preserve these amazing historic homes."

In 2013, the Historic Kansas City Foundation recognized The Hyde Park Homes Tour with a Community Catalyst Preservation Award for the contribution the Tour made to the reinvestment and revitalization of a historic neighborhood. The HPNA is a 501 (c)3 not for profit corporation.

This project is supported in part by the City of Kansas City, Missouri Neighborhood Tourist Development Fund.

More about Hyde Park, Kansas City, Missouri https://hydeparkkc.org/

The Hyde Park Neighborhood Association (HPNA), P.O. Box 32551, Kansas City, MO 64171

Related link: https://hydeparkkc.org/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Real Estate

McWhirter Names Pamela J. McCabe as Vice President of Property Management Promotes Austin Purvis to Senior Property Manager

BIRMINGHAM, Ala. -- Today, McWhirter (https://www.mcwrealty.com/), a leading commercial real estate services firm in the southeast, announces Pamela J. McCabe joins the Birmingham office as Vice President of Property Management. Additionally, Austin Purvis is promoted to Senior Property Manager.

McCabe has served the Alabama commercial property management industry for more than 30 years. Her experience includes office, residential and healthcare management throughout the southeast. She holds an Alabama real estate license and is a member of the Building Owners and Managers Association (BOMA).

"We are excited to welcome Pam to McWhirter. Her knowledge of the healthcare real estate industry will benefit our clients and our team as we continue to grow," said Tanya Shubert, SVP, Management Operations. "Her background in healthcare management, understanding standards and experience with public and private owners make her a great asset."

Purvis joined McWhirter's Property Management Division in 2018. He assists with asset and property management services primarily focused on medical office buildings and property owner associations. He is promoted to senior property manager and will focus on healthcare and retail portfolios.

"Our clients appreciate Austin's property management knowledge, innate problem-solving skills, exemplary customer service and work ethic," said Shubert. "Austin is going to be an integral part of driving our growth."

About McWhirter:

McWhirter's property management team has more than 100 years of experience and manages healthcare, industrial, office and retail space in eight states. Through long-term client and vendor relationships, current technology systems and leading industry software solutions, we proactively identify challenges to reduce costs and increase efficiencies for our clients. We employ building engineers skilled in the design, installation and maintenance of major service areas including heating, electrical, mechanical, landscape, health safety and security Learn more at: https://mcwrealty.com .

Related link: https://mcwrealty.com/

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Business, Free News Articles, Real Estate

Millionaire Mastermind Academy Now Accepting Applications for Fall Real Estate Accelerator Program for Minority Women

TAMPA, Fla. -- Further expanding access to careers in the real estate industry, the Millionaire Mastermind Real Estate Accelerator Program is now accepting applications for its upcoming fall 2022 program, Thinkzilla Consulting Group announced today. Welcoming up to 50 diverse women applicants, the 12-week hybrid program consists of virtual classes plus two in-person days of intensives at the Tampa multifamily owner-operator American Landmark Apartments, one of the top apartment owners in the country and lead sponsor of the program. Additional sponsors include M&T Bank, Truist Bank, Country Financial and Prospect Real Estate Group.

Only 4 percent of real estate companies are owned by women or minorities, and women represent just over one-third of the commercial real estate industry, according to the Commercial Real Estate Women (CREW) Network, highlighting the need for customized accelerator programs in real estate.

The 12-week course, which begins on September 19th, will cover a wide range of topics applicable to the field of residential and commercial real estate, from developing a professional mindset to Fair Housing Laws to marketing to property management and leasing. Upon completion of the course, students may be eligible for an apprenticeship at American Landmark, or to receive a scholarships to cover the cost of completing a Florida real estate licensing class.

Eligible applicants must be a minority female over the age of 18; based in or near the Tampa, Florida market or willing to travel for the two days of in-person classes in Tampa on September 26 and October 24; looking to pursue a successful career in either residential or commercial real estate; and willing and able to commit 3 to 5 hours per week.

Complete the application by the deadline of August 15, 2022: https://form.jotform.com/221715504251143.

The fall 2021 program graduated a dozen women who received college-level business training, access to real estate licensing, training in property management and Fair Housing laws, access to mentors and business networks, and more,

"As the housing market continues to explode from coast to coast, there is incredible opportunity for more diverse voices, entrepreneurs and interests in the real estate industry, and we are incredibly proud to contribute to this growth," said program founder Dr. Velma Trayham. "Our graduates are changing this industry from the inside out, one transaction at a time."

"American Landmark is honored to continue our partnership with the Millionaire Mastermind Academy to open doors for more minority women in the real estate industry, and promote the values of diversity, leadership and entrepreneurialism that our company is founded on," said Joe Lubeck, CEO of American Landmark.

The Millionaire Mastermind Real Estate Accelerator Program is accepting public and private partnership to push diversity and minority business development forward. Scholarships are also available at: https://millionairemastermindacademy.org/programs/real-estate-accelerator-program/.

The program is an arm of the Millionaire Mastermind Academy, which helps women business owners strengthen their businesses and impact on the economy while addressing barriers to economic mobility for those who have been systemically and historically underserved. The academy has helped more than 8,000 women nationwide gain the education and training they need to succeed in business.

About Millionaire Mastermind Academy:

The Millionaire Mastermind Academy is a 501(c)(3) nonprofit whose mission is to educate and support the growth of women-owned business enterprises, thereby strengthening the economic impact in their community. We have mentored more than 8,000 women through our programs. For more information visit https://millionairemastermindacademy.org/.

About American Landmark:

American Landmark Apartments is one of the fastest-growing multifamily owner-operators in the United States and ranks No. 33 on the National Multifamily Housing Council list of the top apartment owners in the country with approximately 34,000 apartment units in its portfolio. Based in Tampa, Florida, American Landmark specializes in the acquisition and management of value-added multifamily properties located in high-growth markets throughout the Sunbelt, including Georgia, Florida, North Carolina, South Carolina, Tennessee and Texas. American Landmark is committed to delivering great service and outstanding living environments to residents and delivering consistent, attractive risk-adjusted returns to investors and partners. For more information, please visit https://www.alapts.com/.

Related link: https://thinkzillaconsulting.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Real Estate, Reports and Studies

Down Payment Resource releases Q2 2022 Homeownership Program Index

ATLANTA, Ga. -- Down Payment Resource (DPR), the nationwide database for U.S. homebuyer assistance programs, today announced findings from its latest Homeownership Program Index (HPI). The firm's analysis of 2,273 homebuyer assistance programs in its DOWN PAYMENT RESOURCE® database revealed that the net number of homebuyer assistance programs increased by 1.6% from Q1 to Q2 2022. This marks the third consecutive quarter the number of homebuyer assistance programs has grown.

Methodology

Published quarterly, DPR's HPI surveys the funding status, eligibility rules and benefits of U.S. homebuyer assistance programs administered by state and local housing finance agencies, municipalities, nonprofits and other housing organizations. DPR communicates with over 1,200 program providers throughout the year to track and update the country's wide range of homeownership programs, including down payment and closing cost programs, Mortgage Credit Certificates and affordable first mortgages, in the DOWN PAYMENT RESOURCE® database.

Key Findings

The Q2 2022 HPI examined a total of 2,273 homebuyer assistance programs that were active as of July 5, 2022. Key findings are as follows:

* The net number of homebuyer assistance programs increased. The number of programs increased by 35 Q2 2022. Among them were five nationwide or multi-state programs and 12 statewide programs. Assistance for first mortgages, combined down payment and closing cost support, community second mortgages and deed restriction programs were also added.

* Support for manufactured homes increased again. For the third consecutive quarter the number of programs that support manufactured home purchases have increased. 625 programs now support manufactured home loans, up from 594 in Q1 2022.

* Programs offering veteran exemptions grew. The number of programs that waive first-time homebuyer requirements for veterans increased from 176 to 184 (4.5%) this quarter.

"Despite a slight increase in the number of inactive and suspended programs, our analysis indicates that opportunities for homebuyer assistance are continuing to grow," said DPR CEO Rob Chrane. "With inflation reaching 40-year highs, aggressive interest rate hikes and limited housing inventory, connecting consumers with financial support for down payment and closing costs is more important than ever. In this especially challenging housing market, program providers are finding creative ways to help qualified homebuyers overcome economic obstacles and achieve the long-term financial benefits of homeownership."

Further analysis of the Q2 2022 HPI findings, including infographics and examples of many of the programs described in this release, can be found on DPR's website at https://downpaymentresource.com/professional-resource/more-homebuyer-assistance-programs-are-introduced-as-mortgage-rates-and-home-prices-swell/.

For a complete, state-by-state list of homebuyer assistance programs, visit https://downpaymentresource.com/wp-content/uploads/2022/07/HPI-state-by-state-data.Q22022.pdf.

About Down Payment Resource:

Down Payment Resource (DPR) is a nationwide database of down payment assistance and affordable lending programs. The company tracks funding status, eligibility rules, benefits and more for approximately 2,200 programs in 11 categories. Its award winning technology helps the housing industry connect more homebuyers to the down payment help they need. DPR has been recognized by Inman News as "Most Innovative New Technology" and the HousingWire Tech100™. DPR is licensed to Multiple Listing Services, Realtor Associations, lenders and housing counselors across the country. DPR's subscription based service, Down Payment Connect, helps agents and loan officers match buyers to available programs. For more information, please visit DownPaymentResource.com and on Twitter at @DwnPmtResource.

Related link: https://www.downpaymentresource.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022