“Where’s the upside here?” That’s the question Steve Murray, the co-founder of RealTrends Consulting, keeps coming back to as the industry digests The Real Brokerage’s acquisition of REMAX — and it’s the same question investors appeared to answer swiftly. On the day of the announcement, Real’s stock plunged to $2.02 per share, with trading volume…
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Home builders now have a sharper incentive to pitch to prospective first-time homebuyers in Iowa after lawmakers passed a sweeping property tax overhaul on Sunday, the final day of the legislative session. A provision in the bill replaces a nearly decade-old first-time homebuyer savings program with a more robust framework designed for today’s market and…
Photo by AJ Canaria/HousingWire’s The Gathering Even as as real estate talent pipelines overflow with qualified women, data shows little has changed in female representation at the highest executive levels over the last several decades, Wendy Forsythe told attendees at HousingWire’s The Gathering last week in Austin, Texas. In a session titled “The table wasn’t…
In an all-important way, Green Brick Partners operates as an anomaly. The Texas-based homebuilder continues to deliver the highest gross profit margin among public homebuilding peers, and plans to use this margin cushion to its advantage over the quarters ahead. While public homebuilding peers struggle with margins that have eroded to the mid-teens, Green Brick…