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...
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...
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...
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...
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...
Federal Reserve Chairman Jerome Powell has given his clearest signal that central bank is ready to cut interest rates in September. In a speech delivered today at an economic symposium sponsored by the Federal Reserve Bank of Kansas City in Jackson Hole, Wyoming,...
