Why CoStar, Berkshire Hathaway are betting big on homebuilding
The past week saw two companies traditionally associated with the real estate industry make a splash in the homebuilding space. Things kicked off on Friday with CoStar Group’s $800 million all-cash acquisition of Zonda, a data company that tracks land development, construction activity, home sales
Windermere promotes founding family member Lucy Wood to regional director
Windermere Real Estate has promoted Lucy Wood to regional director for western Washington and Oregon, placing her in charge of the company’s largest operating region. The appointment expands Wood’s leadership responsibilities across more than 170 offices and strengthens the company’s presence throug
Onity wins approval for revised reverse MSR sale to FOA
Onity Group Inc. won regulatory approval for a revised sale of most of its reverse mortgage servicing rights to Finance of America (FOA), the company said Tuesday. Under the new agreement, Onity will sell MSRs on about 20,000 Home Equity Conversion Mortgages (HECMs) with an unpaid principal balance
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