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Berkshire Hathaway Buys Another $190 Million of Lennar, Lifting Stake to Roughly 12%

Berkshire Hathaway Buys Another $190 Million of Lennar, Lifting Stake to Roughly 12%

by John G. Stevens | Oct 6, 2026 | Current News & Events, Industry Updates, Real Estate News

Berkshire Hathaway has continued its rapid accumulation of Lennar shares, buying roughly another $190 million of stock and lifting its ownership of the homebuilder to about 12%. The latest purchases are disclosed in an SEC Form 4 filed Oct. 5. The filing shows...
Zillow: Pending Home Sales Fall 8.5% as Mortgage Rates Push Housing Market Into an ‘Early Winter’

Zillow: Pending Home Sales Fall 8.5% as Mortgage Rates Push Housing Market Into an ‘Early Winter’

by John G. Stevens | Oct 6, 2026 | Current News & Events, Market Snapshot, U.S. Housing Market

America’s housing market lost momentum before the calendar reached winter. Newly pending home sales fell 8.5% from a year earlier in September as mortgage rates climbed to their highest level since late 2023, according to Zillow’s September Market Report. The pullback...
CRMLS Sues Compass, Asks Federal Court to Uphold MLS Cooperation Rules

CRMLS Sues Compass, Asks Federal Court to Uphold MLS Cooperation Rules

by John G. Stevens | Oct 6, 2026 | Current News & Events, Real Estate News

California Regional Multiple Listing Service has sued Compass in federal court, asking a judge to declare its listing-cooperation rules lawful before a deadline Compass set for Tuesday to stop enforcing them or face an antitrust lawsuit. The complaint, filed Oct. 5 in...
NEXA Adds Andrew Deyo and Group Representing About $100 Million in Annual Production

NEXA Adds Andrew Deyo and Group Representing About $100 Million in Annual Production

by John G. Stevens | Oct 5, 2026 | Current News & Events, Industry Updates, Mortgage Information

NEXA Lending has added Colorado Springs mortgage originator and branch leader Andrew Deyo along with a group the company says represents approximately $100 million in annual mortgage production, extending a recruiting run that has brought several sizable production...
Long & Foster Names Daniel Dennis President and CEO as Patrick Bain Steps Down

Long & Foster Names Daniel Dennis President and CEO as Patrick Bain Steps Down

by John G. Stevens | Oct 5, 2026 | Current News & Events, Industry Updates, Real Estate News

Long & Foster Companies has named Daniel Dennis president and CEO, bringing the veteran brokerage executive back into the HomeServices of America network as Patrick Bain prepares to step down after 16 years with the company. The leadership change was announced...
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