Closed escrow sales of existing, single-family detached homes in California during March declined 3.5% month-over-month and fell 2.5% on year-over-year basis for the third straight month. According to data from the California Association of Realtors (CAR), total home...
Toll Brothers Inc. (NYSE:TOL) has announced its acquisition of Buffington Homes of Arkansas for an undisclosed sum. Founded in 2010, Buffington Homes is the largest luxury homebuilder in northwest Arkansas with nine communities that are either actively selling or...
Mortgage application activity took a vibrant upswing during the week ending April 17, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 7.9% on a seasonally...
The Consumer Financial Protection Bureau (CFPB) has replaced its rule requiring lenders to adhere to the 1974 Equal Credit Opportunity Act (ECOA). The ECOA was designed to prohibit disparate impact discrimination by lenders who create policies that inadvertently...
Kevin Warsh, President Trump’s nominee to become the next Federal Reserve chairman, vowed to maintain the central bank’s independence after the president said he expected Fed rate cuts once Warsh took office. In a CNBC interview this morning ahead of Warsh’s...
Pending home sales in March increased by 1.5% from February but were down by 1.1% from one year ago, according to the National Association of Realtors (NAR). Month-over-month pending home sales increased in the Northeast and South but declined in the Midwest and West....
Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
