Builder confidence in the market for newly built single-family homes improved slightly this month, with the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rising three points to a reading of 37. Any HMI number under 50 indicates...
Tamara King, a former Seattle real estate agent who operated a real estate investment fund was sentenced in US District Court in Seattle to 55 months in prison for conspiracy to commit wire fraud and multiple counts of wire fraud, money laundering, and tax fraud....
The home remodeling firm West Shore Home has further expanded its New England presence with a second Massachusetts location in Andover. The new office comes three months after the Mechanicsburg, Pennsylvania-headquartered company entered the Boston market. The move...
LGI Homes Inc. (NASDAQ: LGIH) announced the opening of Cypress Trails, a master-planned community in the Houston suburb of Hockley, Texas. According to the company, Cypress Trails will bring more than 500 new single-family homes to the area, ranging from two-bedroom...
Ginnie Mae announced that it issued $57.3 billion in mortgage-backed securities (MBS) during April, resulting in net portfolio growth of $18.9 billion. As of the end of last month, its MBS portfolio outstanding grew to $2.93 trillion. The April issuance included $55.3...
Warburg Pincus Invests in 18,000-Property Vacation Rental Platform Awayday
WinnDevelopment Secures $48 Million for 115-Unit Salem Housing Project
