Builder confidence in the market for newly built single-family homes inched up one point to 35 in August, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report. Any HMI reading under 50 indicates that more builders...
Mark-Dana Corp. announced the opening of Lost Oaks, a $25.9 million affordable multifamily housing community in north central Houston. The five-story development, which is now 60% leased, offers 78 apartments for households earning between 30% and 80% of the Area...
New York City-based Melius Research has hired Michael Rehaut as a managing director and head of housing research. Rehaut joins the firm from JPMorgan, where he spent the last 24 years as a senior analyst in the equity research department covering the homebuilding and...
Lynn Beckstead, a former president of Salt Lake City-based SecurityNational Mortgage, a subsidiary of Security National Financial Corporation (NASDAQ: SNFCA), passed away on Aug. 12 at the age of 72. Born Jack Lynn Beckstead Jr., he grew up in the Rose Park area of...
Data centers are popping up in lower-income neighborhoods, fewer retail stores are shutting down, and British homebuyers are looking for air-conditioned residences. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 10-14....
10-Year Treasury Yield Surges to 5.27%, Intensifying Mortgage-Rate Pressure
