Roughly 53,000 home purchase agreements were canceled in September, equal to 16.3% of homes that went under contract that month, according to new data from Redfin (NASDAQ:RDFN). This represents the highest percentage of cancelations since October 2022, when mortgage...
Median asking rents in the 50 largest metros dropped 0.7% year-over-year last month to $1,747, according to new data from Realtor.com. September marked the fifth consecutive month of rent price declines. The median rent on a studio unit was $1,447 in September, while...
Zillow Group (NASDAQ:Z, ZG) has unveiled an updated design of the for-sale property listings on its website and app. According to the Seattle-based company, the new design presents a wider, single-scroll format designed to make it easier for home shoppers to find...
Walker & Dunlop Inc. (NYSE:WD) has hired Warren Horvath as a managing director, with the responsibility of sourcing non-low income housing tax credit and programmatic joint-venture equity for affordable housing owners and operators. According to the Bethesda,...
Toronto-headquartered Northwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN), has named Craig Mitchell as CEO. Mitchell was previously appointed the REIT’s interim CEO on Aug. 8 and held several senior leadership positions with the...
The eviction of a Chinese-owned agtech company from Arkansas farmland, a Fed officer who acknowledged the central bank’s negative impact on housing and a big ball of fun on the Las Vegas Strip. From the wild and wooly world of real estate, here are the hits and misses...