Author name: Ricky Vasquez

NEXA Lending and former partner Mat Grella end legal fight

NEXA Lending CEO Mike Kortas said he has reached a global settlement with former business partner Mat Grella, ending a years-long legal battle over the ownership and control of the brokerage and several related entities. The agreement, reached in mediation and finalized on Monday, resolves “every single one” of the lawsuits between the two NEXA […]

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Windermere names Diana Wall chief growth officer

Windermere Real Estate has created the role of chief growth officer and hired longtime industry executive Diana Wall to lead expansion across the company’s independent brokerage platform, the firm announced Monday. Wall brings nearly 30 years of residential real estate experience to the Seattle-based brokerage. She joins Windermere from Douglas Elliman, where she most recently

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Starter home inventory trails 2019 by 300,000 listings, per new data

The U.S. starter home market remains short roughly 300,000 listings under $350,000 compared to 2019, and the income needed to buy an entry-level home has jumped more than 80% over that period, according to a new report from Realtor.com. The analysis, released Monday and based on Realtor.com’s active for-sale listings and U.S. Census income data,

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