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U.S. Home-Price Growth Rose to Record in June: Case-Shiller index rises 18.6% as robust demand continues to outpace number of homes on the market. Read more
U.S. pending home sales drop for second straight month in July: Contracts to purchase previously owned U.S. homes declined for the second consecutive month in July in step with limited supply that’s been unable to keep up with demand from potential homebuyers. Read more
Stewart Announces the Acquisition of a Significant Number of Western U.S. Operations from ET Investments: The purchase price was $105 million, and Stewart expects the deal to be immediately accretive to the company’s August equity raise of more than $100 million. Read more
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GCI: Stands for Gross Commission Income. The total amount of commission dollars the Market Center receives from a transaction.
Real estate farming: The strategy real estate agents use to position themselves as the go-to resource for a particular neighborhood.
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