Sen. Thom Tillis (R-NC) has offered a compromise solution that will enable him to drop his threatened block of Kevin Warsh’s nomination to chair the Federal Reserve without having the Trump administration lose face over its probe into cost overruns at the central...
Nearly 53,000 U.S. home-sale agreements fell through in March, equal to 13.4% of homes that went under contract that month. This share is up from 12.5% a year earlier and tied with 2023 as the highest March share on record, aside from the pandemic panic of 2020....
The concept of the starter home could soon become passe, according to the latest BMO Real Financial Progress Index report. The report, which polled 2,500 adults from Feb. 17 to March 18, found 65% of buyers expected their first purchase to be their forever home....
Closed escrow sales of existing, single-family detached homes in California during March declined 3.5% month-over-month and fell 2.5% on year-over-year basis for the third straight month. According to data from the California Association of Realtors (CAR), total home...
Toll Brothers Inc. (NYSE:TOL) has announced its acquisition of Buffington Homes of Arkansas for an undisclosed sum. Founded in 2010, Buffington Homes is the largest luxury homebuilder in northwest Arkansas with nine communities that are either actively selling or...
Mortgage application activity took a vibrant upswing during the week ending April 17, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 7.9% on a seasonally...
