Mortgage application activity slowed for the week ending Feb. 6, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.3% on a seasonally adjusted basis from one...
Another state has taken an interest in moving the Chicago Bears out of Illinois. KTIV reports State Sen. Kerry Gruenhagen, a Republican member of the Iowa legislature, has introduced a proposal to attract the Bears by funding a new stadium for the NFL team. The Bears...
The building products distributor QXO Inc. (NYSE: QXO) announced it is acquiring Kodiak Building Partners from Court Square Capital Partners for approximately $2.25 billion. According to the Greenwich, Connecticut-headquartered QXO, the purchase price comprises $2...
A Connecticut developer and builder who was facing multiple criminal charges abruptly passed away before he was set to go to trial. William Ferrigno dies of a heart attack on Feb. 6 at the age of 73. Ferrigno operated Sunlight Construction and was a past president of...
A California real estate investor pleaded guilty to wire fraud in connection with a $9 million fraud scheme. According to court documents, Matthew Campbell of Fresno operated two real estate investment companies, Preferred Property LLC and Ampez Rehab Investments LLC,...
Elevated costs, weak demand, and a growing number of unsold homes will bedevil Canada’s homebuilders this year as new home construction will decline through 2028, according to the latest Housing Market Outlook released by Canada Mortgage and Housing Corporation...
Minneapolis Mayor Frey Proposes 11.3% Property Tax Hike
