Roughly 41,000 home purchase agreements were canceled in January, equal to 14.3% or one in seven homes that went under contract. According to a new data report from Redfin (NASDAQ: RDFN), last month’s cancelation rate was up from 13.4% in January 2024 and is the...
Celebration, Florida-headquartered La Rosa Holdings Corp. (NASDAQ: LRHC) is launching its first endeavor into international markets with the engagement of Joaquín Nuevo Alarcón as area developer for Spain, effective March 1. Alarcón previously led a 500-agent team as...
Under Armour (NYSE: UAA) CEO Kevin Plank has listed Sagamore Farm, his 400-acre Maryland equestrian estate for $22 million. The Wall Street Journal reports the property, located about 20 miles northwest of Baltimore, was established around 1925 and was once owned by...
The New York City-based real estate development firm LeFrak broke with tradition by naming Adam Silfen to the newly created role of president and chief operating officer, marking the first time in the company’s 120-year history that a non-family member joined its...
Ginnie Mae announced its mortgage-backed securities (MBS) portfolio outstanding grew to $2.71 trillion as of January. Ginnie Mae issued $39.8 billion in total MBS last month, resulting in a net portfolio growth of $16.7 billion. Of that amount, $38.4 billion was...
The National Association of Home Builders (NAHB) has elected Buddy Hughes, a Lexington, North Carolina-based home builder and developer, as its 2025 chairman. Hughes opened his general contracting business, Hughes Construction, in 1984. Today, he serves as a product...
