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Mid-Atlantic Home Sales Down Amid Decline in New Listings

Mid-Atlantic Home Sales Down Amid Decline in New Listings

February closed sales totaled 12,618 across the Mid-Atlantic region covered by the Bright MLS service area, down 1.1% year-over-year, while new pending sales were down 0.5% from one year earlier. New listings for the region totaled 15,833, down 11.1% year-over-year,...

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Activist Investor Seeks New Board for CoStar Group

Activist Investor Seeks New Board for CoStar Group

Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, is calling for a change of leadership at CoStar Group (NASDAQ: CSGP), claiming the company’s pursuit of the residential real estate industry has...