Single‐family housing starts in December were at a rate of 1.02 million in December, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is down by 8.6% from the revised November figure of 1.12 million....
California’s home sales during December remained near the 16-year low reached in November while sales for the full-year 2023 experienced the steepest drop since 2007, according to data from the California Association of Realtors (CAR). Closed escrow sales of existing,...
The number of home sales in Pennsylvania during December totaled 8,966, down from 9,130 in November and down 7.2% from 2022, according to new data from the Pennsylvania Association of Realtors (PAR), which also noted sales were down 25% compared to 2020. The Keystone...
Hamden, Connecticut-based Belfonti Companies, a real estate development and investment firm, has hired Harrison Levy as director of construction. In his new job, Levy will be responsible for the new development component of the company’s portfolio, providing...
The Mortgage Bankers Association (MBA) announced death of its former President and CEO David H. Stevens at the age of 66. Stevens served as the trade group’s leader from 2011 until 2018. He was previously Assistant Secretary of Housing – Federal Housing Commissioner...
