Single‐family housing starts in August were at a rate of 941,000, according to new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Last month’s rate was 4.3% below the revised July figure of 983,000. Privately‐owned housing...
Cleveland-based CrossCountry Mortgage (CCM) is seeking to expand its support to Hispanic homebuyers with the launch of a new Spanish-language loan application. CCM’s Spanish-language application is an extension of the company’s Hispanic Initiative, a...
RE/MAX (NASDAQ:RMAX) has agreed to a $55 million settlement to resolve claims brought in two class action lawsuits that the company colluded with the National Association of Realtors to inflate commissions paid by home sellers. The company announced the settlement in...
Out of the nation’s 50 most populous metro areas, San Jose is the most expensive with a median price of $845 per square foot for homes, according to new research from Home Bay, an online publication owned by Clever Real Estate. Following San Jose as the most expensive...
Builder confidence in the market for newly built single-family homes in September fell five points to 45, according to the latest National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI) data. This follows a six-point drop in...
A Phil Hall Op-Ed: The good folks at LendingTree (NASDAQ:TREE) released a survey of homeowners regarding their ongoing or planned renovation projects for their residences. If these results are any indication, the decline of existing home sales that defined this year...
Hits and Misses for the Real Estate Week of May 11-15
