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Westgate SuperBook plans to enter Illinois market in 2023

Westgate SuperBook plans to enter Illinois market in 2023

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LAS VEGAS — The Westgate SuperBook has expanded its footprint across the country, in Arizona, Colorado, Iowa, New Jersey and Tennessee, but they’ve taken cautious steps. And Illinois, according to SuperBook vice president Jay Kornegay, is right in SuperBook’s playbook. “I can tell you that it is in our plans to operate in the great …

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Quick to enter the market, institutional investors are now abandoning single-family home rentals

Quick to enter the market, institutional investors are now abandoning single-family home rentals

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As housing prices fall across the country, institutional investors who had purchased properties during a pandemic-induced increase in rental rates are now unloading their properties. Nationally, profit margins on sales of median-priced single-family homes and condos in the United States fell from 57.6% in the second quarter to 54.6% in the third quarter, as house …

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