The former Connecticut estate of President Trump is undergoing significant upgrades, including the demolition of its mansion in favor of a new residence. The 19,773-square-foot waterfront residence in the affluent New York City suburb of Greenwich was built in 1939...
Mortgage applications for new home purchases in May were down by 3% from the prior month, but they were also up by 3.8% from one year earlier. According to the Mortgage Bankers Association, new single-family home sales were at a seasonally adjusted annual rate of...
Toronto-headquartered Brookfield Business Corp. (NYSE, TSX: BBUC), a global owner and operator of industrial and business services operations, is selling its global construction business Multiplex to Obayashi Corp., one of Japan’s largest construction companies, for...
The real estate brokerage The Agency has expanded its Central American presence with the opening of its first office in Belize. The Agency Belize will be led by Managing Partners Dean Astren and Kim Astren. The new office expands the brand’s regional presence...
The first meeting of the Federal Reserve’s policy making Federal Open Market Committee (FOMC) under the chairmanship of Kevin Warsh concluded with keeping rates unchanged in a 12-0 vote. As a result, the target range for the federal funds rate remains at 3.5% to...
California recorded 268,810 home sales in May, a 5.1% year-over-year surge for the strongest annual gain in eight months, according to data collected by the California Association of Realtors (CAR). On a month-over-month basis, home sales dipped 3.1% from...