Why you’re more likely to become a homeowner if your parents were

Why you’re more likely to become a homeowner if your parents were

Maskot | Digitalvision | Getty Images Several factors may affect your path toward homeownership — one may be your parents. “If your parents are homeowners, you’re more likely to be a homeowner,”... Read more »
RE/MAX CEO Nick Bailey Exits As Company Revenue Falls Again In Q4

RE/MAX CEO Nick Bailey Exits As Company Revenue Falls Again In Q4

RE/MAX announced it was making changes to its executive team after revenue fell for a sixth consecutive quarter to end 2023. Amy Lessinger will succeed Bailey as president. The moment has arrived... Read more »
Chicago, Midwest | People & Companies for February 23, 2024

Chicago, Midwest | People & Companies for February 23, 2024

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces... Read more »
Chicago, Midwest | People & Companies for February 23, 2024

California People and Company News for Feb. 23, 2024

Connect News Commercial Real Estate news for every market and every facet, every day. Connect Events Live and virtual events bringing together the best of information and networking. Connect Awards View the... Read more »
Chicago, Midwest | People & Companies for February 23, 2024

CBRE Closes Sale of Apartments Along Wilshire’s “Golden Mile”

CBRE and Carolwood Estates brokered the sale of Utama Royale, a luxury 18-unit multifamily building located at 10351 Wilshire Blvd. between Beverly Hills and Westwood. The property along Wilshire Boulevard’s “Golden Mile” was... Read more »
Fannie Mae appoints Peter Akwaboah as COO

Fannie Mae appoints Peter Akwaboah as COO

Government-sponsored enterprise (GSE) Fannie Mae announced on Thursday the appointment of Peter Akwaboah as executive vice president and chief operating officer, effective May 20, 2024. Akwaboah, who is currently serving as COO... Read more »
Fannie Mae appoints Peter Akwaboah as COO

Nick Bailey out, Amy Lessinger in at RE/MAX

Nick Bailey is leaving RE/MAX. The firm announced the departure of its CEO and president on Thursday, along with its Q4 2023 and full year earnings. No reason was given for the... Read more »
Fannie Mae appoints Peter Akwaboah as COO

Title earnings marred by slow market, cybersecurity incidents

Despite slower housing market conditions, Big Four title firms Stewart, First American and Fidelity National Financial all managed to earn profits in 2023. Stewart, which reported its earnings earlier in February, posted... Read more »
Fannie Mae appoints Peter Akwaboah as COO

Mortgage delinquency decline reflects ‘continued resiliency’ of borrowers

Delinquencies improved in January, highlighting the resiliency of U.S. mortgage holders. The national delinquency rate fell to 3.38% in January, down from 3.57% in December, according to the Intercontinental Exchange (ICE) First... Read more »
Fannie Mae appoints Peter Akwaboah as COO

Median home prices, new listings move higher in Florida

The housing market in the state of Florida saw higher median home prices, more real estate listings and a higher number of active listings during the month of January, according to data... Read more »