LGI Homes Inc. (NASDAQ: LGIH) announced the opening of Cypress Trails, a master-planned community in the Houston suburb of Hockley, Texas. According to the company, Cypress Trails will bring more than 500 new single-family homes to the area, ranging from two-bedroom...
Ginnie Mae announced that it issued $57.3 billion in mortgage-backed securities (MBS) during April, resulting in net portfolio growth of $18.9 billion. As of the end of last month, its MBS portfolio outstanding grew to $2.93 trillion. The April issuance included $55.3...
Following his state visit to China, President Trump has reversed his opposition to Chinese nationals purchasing US farmland. In an interview with Fox News, Trump stated his policy shift was based on market conditions. “Look, it’s not that I love it,” he said. “You...
Centennial, a Dallas-headquartered retail operating platform, announced that founder and CEO Steven Levin will retire on June 30. Levin established Centennial in 1997 and grew the company into a national retail real estate owner and operator overseeing more than 25...
A new chairman at the Federal Reserve, a new real estate tax to bite Big Apple homebuyers, and London’s most famous rooftop will open to the public. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 11-15. Hit: A New...
Florida recorded 24,129 closed sales of existing single-family homes last month, up 2.4% year-over-year, while existing condo-townhouse sales totaled 9,309, up 6.9% year-over-year. According to data from Florida Realtors, new pending sales of existing single-family...
FHFA’s Pulte Begins New Intelligence Chief Job One Day Early
