Wealthy home owners are reportedly contacting their real estate agents with an urgent request: They must sell their home within the next five months.
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Jim Gillespie, who has worked 36 years for the the real estate franchise giant, announced that he will step down next year as the company’s CEO.
More home owners are approaching their city officials to ask for zoning changes so they can expand their homes to more easily to accommodate growing households or to cash in on a booming rental market.
A home buyer sued his real estate agent after he broke his ankle, wrist and elbow while previewing a home for sale.
Morningstar reports that commercial real estate is stronger than housing and Fitch Ratings adds that delinquencies on commercial real estate CDOs declined in June for the second month in a row.