Housing starts fell 11.4% in March, a modest improvement from 2024, according to Census data released Thursday, with 1 economist describing the slump as 'well below consensus expectations'
First American Financial Corporation has appointed Mark E. Seaton as its new CEO, just weeks after former CEO Kenneth DeGiorgio was charged with misdemeanor assault
Kenneth DeGiorgio now faces an assault charge following an incident aboard the Virgin Voyages Resilient Lady cruise ship. The FBI complaint accuses him of choking and threatening a passenger
The Pending Home Sales Index (PHSI) rose by 2.0% to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6% compared to last year
Privately owned housing starts rose 11.2% but still fell behind February 2024 activity, according to data released Tuesday. Single-family home construction rose 11.4% to 1.1M on a monthly basis
Compared to December, new-home sales dropped 10.5% to a seasonally adjusted rate of 657K, according to US Census Bureau data
Multifamily housing starts fell 9.8%, reaching a seasonally adjusted rate of 1,366,000, while single-family housing starts fell 8.4% month over month, according to data released Wednesday
Reports send mixed signals on the economy, with CPI showing prices rose more sharply than expected in September and jobless claims surging to highest level in more than a year
New-home sales rose 9.8% YOY to a seasonally adjusted annual rate of 716K in August. However, an influx of existing-home inventory could pose a challenge to new-home sales into the fall
Clelia Warburg Peters, Era Ventures' founder, is the first woman to raise an initial fund of this size in the real estate category. The fund will distribute capital across various stages of innovation
High mortgage rates, slower homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains
There are 'some limits to functionality' as First American continues efforts to return to normal business operations following a cybersecurity breach that knocked its website offline on Dec. 20
Home prices increased 0.7% between August and September of 2023, and were up 6.7% annually, according to a new report
Inflation rose 0.4% in September, a near standstill from August, according to the latest Consumer Price Index Thursday. Economists believe 'shelter' will soon recede as the largest contributor
New-home sales rose 4.4% in July to an adjusted annual rate of 714,000 as the supply of existing homes continues to drop, according to data released Wednesday by the US Census Bureau