Green Brick Partners, a Plano, Texas-based homebuilder, announced the promotion of President and Chief Operating Officer Jed Dolson to co-CEO, effective Oct. 15. Dolson joined Green Brick Partners in 2013 as the head of land acquisition and development. During his...
Mortgage rates rose for the fourth straight week to reach their highest level in a year, according to the Primary Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.66% as of July 30, up from last week when it averaged...
The median asking rent for Los Angeles County fell to $2,603 in the second quarter, down $91 or 3.4%, from one year earlier. This marked the lowest level since the end of 2021, according to data from Realtor.com. The median asking rent is 9.6% below its 2022 peak,...
New York City’s Department of Buildings halted work on another office-to-residential construction project. The Wall Street Journal reports construction was paused at 750 Third Avenue, a 35-story office building that is being converted by developer SL Green (NYSE: SLG)...
The Real Brokerage Inc. (NASDAQ: REAX) announced that the Marshall, Virginia-based Chris Colgan Team has joined the company. The team’s arrival brings 28 agents to Real and expands the company’s presence across Northern Virginia and the greater Washington, DC...