The homebuilder Lennar Corp. (NYSE: LEN) is launching of three new Dallas-Fort Worth communities tailored aimed at first-time homebuyers. The three communities are Rosemary Ridge in Fort Worth, Deer Creek in Crowley and Ashton Homeplace in Keene. Each community...
Texas led the nation in 2024 for new house permits, accounting for 15% of the national total despite only having a 9% share of the population. According to new data from Realtor.com, more than one in four people looking to buy a home in Texas are from out of state,...
Mortgage rates were down in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.89% as of Feb. 6, down from last week when it averaged 6.95%. A year ago at this time, it averaged 6.64%. The...
The fourth quarter of 2024 saw home price increases in 89% (201 out of 226) of metro markets, according to the National Association of Realtors (NAR), with 14% of the metro areas posting double-digit price gains over the same period, up from 7% in the third quarter....
The real estate developer Thompson Thrift announced that it will develop Velara, a 312-unit Class A multifamily community in the Nocatee master planned community in Ponte Vedra, Florida. Velara will be based on a 12.5-acre site and will encompass three-story buildings...
The mayor of a Rhode Island town is using eminent domain to seize land owned by a developer planning to construct a 252-unit affordable housing development. WPRI.com reports Mayor Joseph Polisena Jr. of Johnston declared last week that his town has taken over 31 acres...