Greater Miami Home, Condo Prices Continue to Rise in May

Based on new data from the Miami Association of Realtors, greater Miami-area total residential sales slightly declined 0.6% year-over-year in May 2024, from 2,412 to 2,397. Miami single-family home sales increased 6% year-over-year, from 1,040 to 1,102. Miami single-family home sales have posted year-over-year gains in six of the last seven months. Miami existing condos, which rose in April 2024, decreased...

Xactus hires Joseph Peterson as CFO

Xactus, a Pennsylvania-based mortgage technology firm that specializes in borrower verifications, announced Tuesday that it has hired Joseph Peterson as chief financial officer. Peterson will be responsible for the company’s overall financial operations. He will manage the strategic direction of the firm’s accounting and finance departments by developing policies, procedures and financial controls;...

Connecticut indy brokerage joins Coldwell Banker Realty

Stamford, Connecticut-based independent brokerage NewBridge International Realty Group is affiliating with Coldwell Banker Realty, according to an announcement on Tuesday. “We are thrilled to welcome branch NewBridge International Realty Group to Coldwell Banker Realty,” Jennifer McCoy, vice president of Coldwell Banker Realty in Stamford, said in a statement. “Their dedication to client service...

Denver-area Realtor associations release statement on REcolorado sale

REcolorado was surprised to learn this week that its primary shareholders — the Denver Metro Association of Realtors (DMAR) and the South Metro Denver Realtor Association (SMDRA) — have agreed to sell the company to a private equity firm.  REcolorado — which is the 16th-largest MLS in the country with 25,000 members — said it had reached a deal to buy the shares of the company from the...

Austin independent brokerage joins Keller Williams

Austin-based independent brokerage TJ Lewis Real Estate is affiliating with Keller Williams, according to an announcement on Tuesday. According to the news release, TJ Lewis will affiliate directly with Keller Williams’ Austin Southwest market center. The firm is led by broker Topher Rogers, who is making the move to Keller Williams along with 31 agents. “We feel that TJ Lewis Real Estate has...

Reverse, forward mortgage associations urge full funding for Ginnie Mae

The Mortgage Bankers Association (MBA) this week submitted a letter to congressional leaders in the U.S. House of Representatives and U.S. Senate, urging them to endorse full funding for Ginnie Mae in order to ensure maximum liquidity for the government-backed corporation’s mortgage-backed securities (MBS) issuers. In addition to the MBA, signatories on the letter include the Community Home Lenders of...

‘Bridgerton”s most expensive homes, ranked from priciest to most affordable

Just how much would it cost you to live in the ton? Turns out, quite a lot! But that doesn’t come as much of a surprise, given the opulence and grandeur that defines the stately residences in Shonda Rhimes’ massively successful period drama. However, maybe not all of them are as completely out of reach as you might think. The savvy real estate experts over at AgentAdvice wanted to see just...

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