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Lamacchia Realty opens first Rhode Island office
The deal marks Lamacchia’s eleventh acquisition in New England over the past two years and expands its footprint in the Providence market.
New-home sales show why residential construction is in a recession
New home sales fell short of sales estimates and experienced negative sales revisions, while inventory levels increased.
Baird & Warner, Goosehead Insurance enter franchise partnership
The venture offers homebuyers a broad selection of insurance carriers and guidance from licensed agents as part of their home purchase.
ICE says property insurance costs rose at a record rate in 2024
Annual property insurance costs for mortgaged single-family homes rose by a record $276 (or 14%) to $2,290 in 2024, per the latest Intercontinental Exchange (ICE) Mortgage Monitor Report released Monday. The report also said that average premiums are now up 61% over the past five years.
Solomon Greene joins Lincoln Institute in senior role
Solomon Greene, a former top official at HUD under President Biden, has been named the executive director of land and communities at the Lincoln Institute of Land Policy.
A&D Mortgage announces $459M RMBS transaction
The RMBS deal, done in partnership with Imperial Fund Asset Management and Clearwater Analytics, is expected to close on March 13.
NAR responds to NYT report on nonprofit wing’s funding efforts
Just hours after The New York Times released an exposé on Monday in which it accused the National Association of Realtors (NAR) of covertly funneling funds to conservative groups through an affiliated nonprofit known as the American Property Owners Alliance (APOA), NAR fired back.
eXp, Weichert say Gibson plaintiffs’ motion is all about attorneys’ fees
Two defendants say the attempt to move courts is an attempt to “monopolize the class’s recovery and especially, the attorneys’ fees.”
eXp Realty’s Leo Pareja looks forward to incremental change in 2025
After a year of seismic shifts, Pareja and eXp Realty are looking forward to solidifying best practices and focusing on consumers in 2025.
