Nearly half of the nation’s 50 largest metro areas record year-over-year increases with their housing inventory levels last month, according to new data from Realtor.com. During December, there was a 9.1% uptick in the number of more newly listed homes compared one...
Mortgage credit availability decreased in December, according to new data from the Mortgage Bankers Association (MBA). The trade organization’s Mortgage Credit Availability Index (MCAI) dropped by 4.6% last month to 92.1 – the index was benchmarked at 100 in March...
The Dallas-headquartered residential homebuilder Landsea Homes Corp. (NASDAQ: LSEA) is acquiring Antares Homes, a Dallas-Fort Worth based homebuilder for $232.2 million in cash, which includes repayment of an anticipated $47.2 million of Antares Homes debt. Upon...
The private equity firm Broadstreet Inc. has hired André Bauer, a former state senator and lieutenant governor of South Carolina, as a senior advisor. In this role, Bauer will assist the Greenville, South Carolina-based Broadstreet in expanding its presence in the...
RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE:RMAX), announced that it added 24 offices in its U.S. company-owned regions during the fourth quarter of 2023, bringing nearly 330 agents to the brand. The recent additions are a mix of eight new brokerage openings,...
A Phil Hall Op-Ed: If you follow Elon Musk on his social media platform X (formerly Twitter), you are aware of his critical comments on how the Biden administration is handling the southern border. On Jan. 4, Musk posted this comment: “At this point, there is no...