Featured Real Estate News
NEXA Lending Acquires UMortgage in Major Mortgage Broker Deal
NEXA Lending is acquiring UMortgage in a major consolidation move involving two prominent companies in the independent mortgage broker channel. The transaction was announced Sunday, Aug. 23. Under the agreement, UMortgage will move onto NEXA's larger operating...
NEXA Lending Acquires UMortgage in Major Mortgage Broker Deal
NEXA Lending is acquiring UMortgage in a deal that brings Anthony Casa into NEXA’s leadership and combines two prominent companies in the independent mortgage broker channel. Continue Reading NEXA Lending Acquires UMortgage in Major Mortgage Broker Deal
Hits and Misses for the Real Estate Week of Aug. 17-21
A real estate fraudster being chased by the FBI, an ex-CEO trying to take over his former company, and the upcoming demolition of a historic site in sports betting. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 17-21....
CoStar Completes $800 Million Acquisition of Zonda
The acquisition expands CoStar Group deeper into new-home construction data, builder software and residential real estate marketplaces. CoStar Group has completed its $800 million cash acquisition of Zonda, significantly expanding the real estate information and...
Real Brokerage Wins Final Court Approval for RE/MAX Acquisition
The transaction is now expected to close Monday, August 24, subject to remaining closing conditions. The Real Brokerage has received final court approval in connection with its proposed acquisition of RE/MAX Holdings, moving the transaction another step closer to...
News & Current Events
Virginia Home Sales Up, But at a Slower Pace
Sold dollar volume also increased, climbing to approximately $5.8 billion statewide. Continue Reading Virginia Home Sales Up, But at a Slower Pace
Compass Hit with Antitrust Lawsuit by NYC Renters
The lawsuit said the company “is responsible for a conspiracy to monopolize and harm hardworking New Yorkers in the New York City-metro area.” Continue Reading Compass Hit with Antitrust Lawsuit by NYC Renters
The Town with the Most Expensive Housing Market Is…
Among the 10 priciest towns, Nantucket and Vineyard Haven were the only two east of the Mississippi River. Continue Reading The Town with the Most Expensive Housing Market Is…
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Virginia Home Sales Up, But at a Slower Pace
Sold dollar volume also increased, climbing to approximately $5.8 billion statewide. Continue Reading Virginia Home Sales Up, But at a Slower Pace
Compass Hit with Antitrust Lawsuit by NYC Renters
The lawsuit said the company “is responsible for a conspiracy to monopolize and harm hardworking New Yorkers in the New York City-metro area.” Continue Reading Compass Hit with Antitrust Lawsuit by NYC Renters
The Town with the Most Expensive Housing Market Is…
Among the 10 priciest towns, Nantucket and Vineyard Haven were the only two east of the Mississippi River. Continue Reading The Town with the Most Expensive Housing Market Is…
More Closed Sales, Fewer Pending Sales Across Mid-Atlantic Region
Also on the rise was the median sold price in July – $450,999, up 2.5% year-over-year. Continue Reading More Closed Sales, Fewer Pending Sales Across Mid-Atlantic Region
California Realtors-Backed Group Sues 3 Cities for Limiting Housing Near Transit
“Cities throughout California must play by the same set of rules established by our legislature for the development of housing,” said CAR President Tamara Suminski. Continue Reading California Realtors-Backed Group Sues 3 Cities for Limiting Housing Near Transit
Report: Prince Harry and Meghan Not Planning to Sell California Mansion
Harry and Meghan came to California in 2020 after stepping down from their royal duties, purchasing a home in Montecito for $14.6 million. Continue Reading Report: Prince Harry and Meghan Not Planning to Sell California Mansion
Home Purchase Cancellations at Highest Level in Nearly 3 Years
Redfin noted the deals were falling through at a higher rate than in 2020-2022, when the housing environment was in a hot seller’s market. Continue Reading Home Purchase Cancellations at Highest Level in Nearly 3 Years
Pennsylvania Home Sales Slowed in July
The median home price edged lower by 3% in July to $330,000, down from the all-time high of $340,000 in June. Continue Reading Pennsylvania Home Sales Slowed in July
Stark Enterprises Unveils Plans for First Community in Iowa
Construction is anticipated to begin later this year, with the first homes expected to be delivered in 2027. Continue Reading Stark Enterprises Unveils Plans for First Community in Iowa