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John Good Named CEO at VineBrook Homes Trust

John Good Named CEO at VineBrook Homes Trust

by Phil Hall | Aug 26, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

VineBrook Homes Trust Inc., a Dallas-headquartered single-family rental (SFR) real estate investment trust (REIT), announced the appointment of John Good as CEO. He succeeds Brian Mitts, who remains as president of the company and a member of the board of directors....
Blake Johnson to Become CFO at Granite Point Mortgage Trust

Blake Johnson to Become CFO at Granite Point Mortgage Trust

by Phil Hall | Aug 26, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

New York City-based Granite Point Mortgage Trust Inc. (NYSE: GPMT) has named Blake Johnson as its next chief financial officer (CFO), effective Dec. 1. Johnson will join the company no later than Oct. 28 as deputy CFO before assuming the CFO role. He will succeed...
Hits and Misses for the Real Estate Week of Aug. 19-23

Hits and Misses for the Real Estate Week of Aug. 19-23

by Phil Hall | Aug 23, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new NAR leader, a jaw-dropping data revision and more Britons buying homes. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Aug. 19-23. Miss: Wright or Wrong, Part 1. Nine months after the National Association of Realtors...
Maine Home Sales Rise by Nearly 11%

Maine Home Sales Rise by Nearly 11%

by Phil Hall | Aug 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1,482 home sales were recorded in Maine during July, up by 10.93% from one year earlier, according to data from the Maine Association of Realtors. The $399,250 median sales price in July was a 5.07% uptick from the $380,000 in July 2023. Paul McKee, the...
Feds Sue Software Firm RealPage, Alleging Collusion with Landlords on Rent Hikes

Feds Sue Software Firm RealPage, Alleging Collusion with Landlords on Rent Hikes

by Phil Hall | Aug 23, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Justice (DOJ) has filed a civil antitrust lawsuit today against RealPage Inc., the Richardson, Texas-based property management software company, claiming it masterminded an “unlawful scheme to decrease competition among landlords in apartment...
New Home Sales Up, But Questions on Federal Data Arise

New Home Sales Up, But Questions on Federal Data Arise

by Phil Hall | Aug 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in July were at a seasonally adjusted annual rate of 739,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. This marked a 10.6% spike from the revised June rate of...
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