With their combined forces, the companies will have about 65 agents to serve the greater Houston real estate market, Inman has learned.

The communications vet and former CEO will handle government relations, events and productions functions for the company and will report to CEO Ryan Schneider, Inman has learned.

U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.

Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.

Panic fueling the selloff of Nvidia, Broadcom and other tech giants is overblown.