Trending News: July 12, 2023

Housing market tracker shows negative inventory year-over-year, posts $90M net loss in Q1, and Invitation Homes looks to buy thousands of single-family rentals.

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Show Notes posts $90M net loss in Q1 2023: The lender also cut about 91% of its workforce over an 18-month period. Read more

Invitation Homes is reportedly close to buying 2,000 SFRs: Starwood has been seeking to sell homes it acquired when prices for single-family rentals were near their peak. Read more

Inventory is negative YOY: The slow zombie rise in inventory finally broke under 2022 levels. Read more

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