California recorded a seasonally adjusted annualized rate of 264,240 closed escrow sales of existing, single-family detached homes in August, up 0.9% from 261,820 homes in July but down by a slight 0.2% from 264,640 homes in August 2024. According to the California...
Pennsylvania recorded 11,470 home sales in August, up by a slight 0.5% from 11,402 transactions. According to data from the Pennsylvania Association of Realtors, the home listing levels reached 41,497 last month, which is up nearly 7% year-over-year from the 38,775...
Freddie Mac (OTCQB: FMCC) has hired Matthew D. Abrusci as executive vice president, general counsel and corporate secretary. Abrusci brings more than three decades of financial services experience spanning banking, capital markets, and securities law. He was...
Active listings of homes for sale during August were down by 1.4% from July, according to data from Redfin. This marked the largest seasonally adjusted decline since June 2023. Although active listings last month were up 9.7% year-over-year, this marked the smallest...
Compass Inc. (NYSE: COMP) announced its $1.6 billion acquisition of Anywhere Real Estate Inc. (NYSE: HOUS) in an all-stock transaction. Madison, New Jersey-based Anywhere, formerly known as Realogy, is the parent company of the brands Century 21, Coldwell Banker,...
Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, has hired Billy Gilchrist as senior vice president of originations. In his new role, Gilchrist will be responsible for originating commercial real estate and hotel investments across...
