In what is beginning to look like a trend in which real estate leaders doubling down on their firms’ stock market potential, RE/MAX revealed Wednesday that co-founder and former CEO Dave Liniger has just purchased 122,911 shares in the company. Dave Liniger. Credit: Re/Max In a statement explaining the purchase, Liniger said that he considers “RE/MAX stock […]
The service is exactly what it sounds like, with consumers able to sign some documents online while still wrapping things up in the traditional way at their lender’s office. Source: click here
Wells Fargo will be putting $1 billion toward various affordable housing initiatives over the next five years. As part of this commitment, the bank promised to address three key issues in underserved communities plagued by lack of affordable housing — housing affordability, financial health and small business growth between now and 2025. The move comes […]
EXp Realty announced Wednesday at its shareholder summit in Orlando that the company is bringing its virtual cloud-based tech-focused brokerage to four more provinces in Canada, giving it a total company footprint of seven Canadian provinces. Source: click here
To celebrate Pride Month, the National Association of Gay and Lesbian Real Estate Professionals will be marching in this year’s WorldPride event. Source: click here
Mortgage rates will remain stable for the next two and a half years, predicts an economist from the Mortgage Bankers Association. But the national housing shortfall continues to be a problem primarily because of the lack of building sites, according to the Urban Institute. Source: click here
Retired NY Yankees slugger Alex Rodriguez, affectionately known to fans as “A-Rod,” has bought a 21-unit rental building in the East Village, an iconic Manhattan neighborhood in New York City. And that’s just the start of A-Rod’s NYC real estate ambitions, according to The New York Post, which first broke the news. The former baseballer […]
The program will combine previously separate markets for mortgage-backed securities known as TBAs. Proponents say it will lower mortgage interest rates. Source: click here
James Hynes will serve as the managing broker of eXp Realty’s Brooklyn operations. Hynes has been with eXp Realty for more than two years in Rochester, New York. Source: click here
Home prices across the U.S. saw, according to the latest report by CoreLogic, a slight uptick from a major slowdown last month. Across the country, home prices grew by 3.6 percent in April year-over-year, down from a whopping 6.9 percent growth at the same time last year. That said, home prices are still high compared to […]
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