TMS CEO Darius Mirshahzadeh steps down

Darius Mirshahzadeh is no longer the CEO of TMS, having stepped down from that position at some point in the last two months. According to sources close to the situation and confirmed by the company, Mirshahzadeh recently stepped down as CEO. In a statement provided to HousingWire, TMS stated that

Read more

RE/MAX acquires real estate tech startup First

Two summers ago, real estate tech startup First was raking in the big bucks. Now, after four years of operation, the company is being acquired.  RE/MAX Holdings, the parent company of RE/MAX, recently announced that it has acquired First. The technology company is known for creating the First app, which

Read more

Wine cave couple made their wealth in real estate

The wealthy couple behind the infamous “wine cave” fundraiser for Pete Buttigieg that fueled sound bites during Thursday’s Democratic debate made their money in real estate. The cave at Hall Wines in California’s Napa Valley is owned by Dallas residents Craig Hall and Kathryn Walt Hall. Their company, Hall Group,

Read more

U.S. new-home sales rise in November, setting the stage for 2020

Sales of new homes rose in November to an annualized rate of 719,000, according to the Census Bureau and the Department of Housing and Urban Development. According to the Census data, the November pace moved forward from October’s pace, which was downwardly revised from 738,000 to 710,000. November’s total, which is 1.3% above October’s

Read more