First-time homebuyers are increasingly willing to bargain, and many say the most persuasive concession is a lower asking price. A lender-sponsored survey of 934 prospective and recent first-time buyers found that 86% were comfortable making an offer below list price,...
Hines has acquired the 1,476-acre Brown Ranch in western Fort Worth, Texas, for a master-planned community expected to contain approximately 3,800 homes at full buildout. The land purchase is complete, according to the developer’s October 5 announcement, but the...
Planned Community Developers has closed on 120 acres in Pearland, Texas, clearing a major ownership hurdle for The Orchard, a mixed-use district planned to contain roughly 1,100 apartments and 100 additional higher-density homes. The developer announced the closing...
Honolulu voters will decide five housing-related changes to the city’s governing charter on November 3, including whether to keep loan repayments inside its affordable-housing fund and eliminate a separate public-hearing requirement for city property...
New York City has approved about 5,700 applications for exemptions from its new tax on high-value non-primary residences, according to figures the Department of Finance provided to the New York Post. Roughly 10,000 applications had been submitted as of Friday morning,...
Fitch Warns Mortgage Lenders Face 2027 Squeeze as Servicing Exposure and De…
