The Amherst Group, an Austin-based real estate investment, development and operating platform, has promoted Chris Avallone to chief financial officer (CFO), effective May 1. Avallone will retain his current position as head of merchant banking, with responsibilities...
Mortgage rates dropped below the dreaded 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.96% as of Jan. 23, down from last week when it averaged 7.04%. A year ago at this time, it...
Rohit Chopra, is ready to depart from his job as the director of the Consumer Financial Protection Bureau (CFPB) – but as of this writing, the Biden-appointed regulator is still at work because President Trump has not named a new director for the agency. In an...
Home sellers made a $122,500 profit on typical sales nationwide in 2024, generating a 53.8% return on investment, according to new data from ATTOM. However, the profit margin on median-priced sales nationwide was down from 56.9% in 2023, the second straight annual...
Georgia MLS has teamed with has united with 12 local MLSs in the state to expand listing data accessibility. According to the organizations, the new partnership connects more than 55,000 agents to the largest inventory of properties in the state under one shared...
eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), has welcomed Abel Gilbert, leader of the Miami-based OnePath Realty independent brokerage, to its global network. OnePath Realty encompasses 102 agents, eight staff members, and $1.77 billion in...
Hits and Misses for the Real Estate Week of May 4-8
