Builder confidence in the market for newly built single-family homes inched up this month in the latest the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The September HMI reading was 41, up from 39 in August. This month’s HMI...
Median sales prices fell for the second consecutive month in the latest housing report published by RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX) In the 49 metro areas surveyed by RE/MAX during August, the median sales price was $440,000, 1.1% below July’s...
The Biden administration has announced the creation of a Task Force on AI Data Center Infrastructure, designed to coordinate artificial intelligence (AI) infrastructure policy across federal agencies. In a press statement, the administration said the new task force...
Sagard Real Estate, a real estate investment advisor and operator formerly known as EverWest Real Estate Investors, has acquired two industrial properties located in New Jersey and Maryland. In New Jersey, the company paid $24.1 million for an 80,468-square-foot...
Terrie L. Suit has announced her retirement as CEO of Virginia Realtors. Suite served as the organization’s chief executive since Sept. 13, 2013. She began her career in real estate in 1985, and in 1996 she received a gubernatorial appointment to the Virginia Real...
Hits and Misses for the Real Estate Week of June 15-19
