Young buyers are priced out in most U.S. metros, Pew data shows

Buying a first home has gotten materially harder for young adults in most major U.S. metros since 2019, as home values have far outpaced income gains and higher mortgage rates push monthly payments out of reach, according to a new Pew Research Center analysis of American Community Survey data. The study focuses on households headed […]

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JPMorgan Chase names co-presidents as Dimon succession plan takes shape

JPMorgan Chase has named Doug Petno and Troy Rohrbaugh as co-presidents effective immediately — the clearest step yet in the board’s planning for an eventual successor to CEO Jamie Dimon. Dimon, who has led JPMorgan since 2006, remains as chairman and CEO. Over his tenure, he has reduced the bank’s direct mortgage origination footprint in favor

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CoStar stockholders back directors, approve pay plan

CoStar Group stockholders approved all proposals at the company’s annual meeting on Tuesday, including the reelection of eight director nominees and an advisory vote on a redesigned executive compensation plan, the company said in an announcement on Thursday. The vote gives CoStar leadership a governance green light as it pursues a strategy that pairs revenue

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