Oakwood Homes announced it will begin selling single-family homes at Oquirrh Mountain Ranch, a master-planned community in Eagle Mountain, Utah. Sales are slated to start in May and pricing begins in the low $500,000s. The company said it can offer interest rate...
Julián Castro, who served as Secretary of Housing and Urban Development (HUD) during the second term of the Obama administration, has come out against a Trump administration policy denying federal housing assistance to households that include illegal immigrants. In a...
Maine’s statewide figure of 851 sales of single-family existing homes during March remained unchanged from one year earlier, according to data from the Maine Association of Realtors. Also unchanged year-over-year was the median sales price of $375,000. Judy Oberg, the...
The Charleston, South Carolina-based real estate development firm WRS Inc. has broken ground on the Lakeforest Redevelopment, a mixed-use project in the Washington, DC suburb of Gaithersburg, Maryland. The $1.2 billion project is designed to reanimate the former...
Newmark Group Inc. (NASDAQ: NMRK) has hired Philip O’Bannon as senior managing director to lead its infrastructure capital markets business. In this role, O’Bannon will be responsible for expanding Newmark’s advisory and capital raising capabilities...
Existing home sales during March were down by 3.6% from February to a seasonally adjusted annual rate of 3.98 million, according to data from the National Association of Realtors (NAR). On a year-over-year measurement, sales were down by 1%. Month-over-month sales...