Median sales prices fell for the second consecutive month in the latest housing report published by RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX) In the 49 metro areas surveyed by RE/MAX during August, the median sales price was $440,000, 1.1% below July’s...
The Biden administration has announced the creation of a Task Force on AI Data Center Infrastructure, designed to coordinate artificial intelligence (AI) infrastructure policy across federal agencies. In a press statement, the administration said the new task force...
Sagard Real Estate, a real estate investment advisor and operator formerly known as EverWest Real Estate Investors, has acquired two industrial properties located in New Jersey and Maryland. In New Jersey, the company paid $24.1 million for an 80,468-square-foot...
Terrie L. Suit has announced her retirement as CEO of Virginia Realtors. Suite served as the organization’s chief executive since Sept. 13, 2013. She began her career in real estate in 1985, and in 1996 she received a gubernatorial appointment to the Virginia Real...
A monthly mortgage payment is less expensive than rent in 22 of the nation’s 50 largest metros, according to new data from Zillow (NASDAQ: Z, ZG). The new data determined the typical rent payment nationally is $2,063 a month while the typical mortgage payment is...
ROA (Realty of America), a new national residential real estate brokerage, has announced its official launch. The new Chicago-headquartered company launches in 23 markets with more than 2,000 agents, and it promotes itself as offering a “unique agent-first model...
Hits and Misses for the Real Estate Week of Aug. 3-7
