Mortgage credit availability decreased in December, according to new data from the Mortgage Bankers Association (MBA). The trade organization’s Mortgage Credit Availability Index (MCAI) dropped by 4.6% last month to 92.1 – the index was benchmarked at 100 in March...
The Dallas-headquartered residential homebuilder Landsea Homes Corp. (NASDAQ: LSEA) is acquiring Antares Homes, a Dallas-Fort Worth based homebuilder for $232.2 million in cash, which includes repayment of an anticipated $47.2 million of Antares Homes debt. Upon...
The private equity firm Broadstreet Inc. has hired André Bauer, a former state senator and lieutenant governor of South Carolina, as a senior advisor. In this role, Bauer will assist the Greenville, South Carolina-based Broadstreet in expanding its presence in the...
RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE:RMAX), announced that it added 24 offices in its U.S. company-owned regions during the fourth quarter of 2023, bringing nearly 330 agents to the brand. The recent additions are a mix of eight new brokerage openings,...
A Phil Hall Op-Ed: If you follow Elon Musk on his social media platform X (formerly Twitter), you are aware of his critical comments on how the Biden administration is handling the southern border. On Jan. 4, Musk posted this comment: “At this point, there is no...
Tech Trends: The old saying “time is money” is so true. Today’s real estate professionals can’t manage their schedule on a piece of paper effectively. In this case, technology is essential. As you look at the right tool to get this done, here are two tools that...