Today’s brides and grooms are less interested in receiving material goods as wedding gifts and would be more receptive to “home funds” to be used for the purchase of their first house. According to a new analysis conducted by Zillow Home Loans and The Knot, the share...
Los Angeles-headquartered Connect Homes, a prefab housing provider, announced plans to open opening a new factory in Mesa, Arizona, during the first quarter of 2024. The new factory will be the second facility in Connect Homes’ portfolio and is designed to...
Profit margins on median-priced single-family home and condo sales increased from 56.6% in the second quarter to 59% in the third quarter, according to data from ATTOM. This represented the second straight quarterly increase following several declines. ATTOM also...
The Mortgage Bankers Association (MBA) is forecasting $442 billion in total commercial and multifamily mortgage borrowing and lending for 2023, a 46% drop from the $816 billion generate in 2022. Multifamily lending alone – which is included in the total figures – is...
More than one-third of Canadians with a mortgage will have to make changes to their financial situation — including housing and employment – if the Bank of Canada enacts another rate hike, according to a survey from the personal finance site WealthRocket. The survey...
The U.S. Department of Justice (DOJ) announced a $9 million settlement with Ameris Bank, a wholly owned subsidiary of Ameris Bancorp (NASDAQ: ABCB) to resolve allegations that the lender engaged in redlining against predominantly Black and Hispanic communities in...
Hits and Misses for the Real Estate Week of June 29-July 3
