The typical home that went under contract in March was on the market for 47 days, according to new data report from Redfin (NASDAQ: RDFN). This is the longest days on the market period for any March since 2019. Redfin noted that more than one-quarter (27%) of homes...
Home sales in March surged by 23% from February, marking the largest month-over-month sales increase since 37.4% in March 2023, according to new data from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). On a year-over-year measurement, sales were down 1.4%....
The Society of Industrial and Office Realtors (SIOR) has named Jim Dinegar as its new CEO, effective May 1. He replaced Robert Thornburgh, who stepped down to become regional president of the Southwest Region at Cushman & Wakefield (NYSE: CWK). Dinegar brings more...
Christie’s International Real Estate has announced the opening of its first New Zealand affiliate, Thomas Estates | Christie’s International Real Estate. Award-winning agents Russell and Angela Thomas are co-leading the firm, which serves the Waikato region on New...
Ginnie Mae has appointed Joseph M. Gormley as executive vice president and chief operating officer. In his new job, Gormley will lead Ginnie Mae’s strategic initiatives, operational functions, and risk management efforts. Gormley previously held several senior roles...
eXp Realty, a subsidiary eXp World Holdings Inc. (NASDAQ: EXPI), has rolled out its open-sourced “Seller Advisory: Risks of Limited Market Exposure” form. Billed as the “first-of-its-kind resource,” the new form is being made available to every brokerage, portal, and...
Hits and Misses for the Real Estate Week of April 6-10
