New data from the California Association of Realtors (CAR) has determined 18% of the state’s homebuyers could afford to purchase a median-priced, existing single-family home during fourth quarter of 2025, up from 17% in the third quarter and up from 16% in the...
Mortgage application activity slowed for the week ending Feb. 6, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.3% on a seasonally adjusted basis from one...
Another state has taken an interest in moving the Chicago Bears out of Illinois. KTIV reports State Sen. Kerry Gruenhagen, a Republican member of the Iowa legislature, has introduced a proposal to attract the Bears by funding a new stadium for the NFL team. The Bears...
The building products distributor QXO Inc. (NYSE: QXO) announced it is acquiring Kodiak Building Partners from Court Square Capital Partners for approximately $2.25 billion. According to the Greenwich, Connecticut-headquartered QXO, the purchase price comprises $2...
A Connecticut developer and builder who was facing multiple criminal charges abruptly passed away before he was set to go to trial. William Ferrigno dies of a heart attack on Feb. 6 at the age of 73. Ferrigno operated Sunlight Construction and was a past president of...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
