Newmark Group Inc. (NASDAQ: NMRK) has hired Norm Taylor as country head and president for Canada. In this newly created position, Taylor is responsible for Newmark’s day-to-day brokerage operation in Canada, including strategic direction, business development,...
New York City-based 10X Capital, an alternative asset management firm, has debuted a Residential Real Estate Income Platform that will be marketed and managed under the firm’s Tower1 brand. According to a statement from the company, 10X Capital’s new Tower1 platform...
A power couple putting their money into real estate, an entertainment industry giant stumbling badly on misbegotten real estate projects and a mortgage company offering a remarkable gift to help families in need. Looking into the wild and wooly world of real estate,...
Mortgage applications for new home purchases were up by 4.1% in April from one year ago but were down 11% from March, according to new data from the Mortgage Bankers Association (MBA). The MBA estimated that new single-family home sales were running at a seasonally...
The median U.S. home price was $371,875 at the conclusion of the four-week period ending May 14, according to data from Redfin (NASDAQ:RDFN). That represents a 2.7% drop, the smallest decline in over a month. The median asking price of newly listed homes was $398,429,...
RE/MAX (NYSE:RMAX) announced the addition of 206 franchises to its network during the first quarter of this year, a nearly 17% year-over-year expansion. The Denver-based company also announced 293 existing RE/MAX brokerages, including 12 team offices and two...
Hits and Misses for the Real Estate Week of Aug. 24-28
