IPA Capital Markets, a division of Marcus & Millichap (NYSE: MMI), has recruited Jeff Wagner as senior managing director of capital markets in Toronto. Wagner brings over 20 years of commercial real estate experience, which includes closing over $2 billion in debt...
The National Association of Realtors (NAR) took another push back at last October’s verdict in the Sitzer/Burnett case, arguing that the verdict was fueled with “erroneous rulings by judge” while insisting the cooperative compensation issue raised in the trial is not...
The median U.S. asking rent rose 1.1% year-over-year to $1,964 in January, according to new data from Redfin (NASDAQ:RDFN). This marked the largest annual increase since March 2023. On a month-over-month basis, the asking rent level remained unchanged. However, Redfin...
There has been no shortage of news and talk regarding outbound migration from California, but a new Zillow (NASDAQ:Z, ZG) analysis of the U.S. Census Bureau’s 2022 American Community Survey (ACS) has found Gen Z interstate movers are flocking to the Golden...
Only 15% of California households during the fourth quarter of 2023 were able to afford the state’s $833,170 median-priced home, according to new data from the California Association of Realtors (CAR). This was unchanged from the third quarter 2023 (when the...
What goes into naming a street? A start-up organization called Charity Road is seeking to create auctions that would monetize new street names, with the raised funds going to help nonprofits addressing food insecurity. The first Charity Road auction is providing...
Hits and Misses for the Real Estate Week of June 29-July 3
