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D.R. Horton Faces Growth and Affordability Challenges Heading Into 2027

D.R. Horton Faces Growth and Affordability Challenges Heading Into 2027

by Nathan S. Pierce | Sep 9, 2026 | News/Current Events, U.S. Housing Market

D.R. Horton’s latest results highlight a challenge facing homebuilders heading into 2027: delivering more homes while protecting profits as buyers struggle with affordability. The company closed 23,983 homes in its fiscal third quarter ended June 30, up 4% from a year...
Report: Nadeem Meghji Stepping Down as Global Head of Blackstone Real Estate

Report: Nadeem Meghji Stepping Down as Global Head of Blackstone Real Estate

by Phil Hall | Sep 8, 2026 | Commercial Real Estate News, News/Current Events, Real Estate Investing, WRE News Exclusive

Nadeem Meghji is stepping down as the global head of Blackstone Real Estate, according to Wall Street Journal coverage sourced from unnamed “people familiar with the matter.” The Journal’s report stated Meghi was leaving so he could spend more time with his family. In...
Housing is Cooling Nationally. In These Affordable Markets, Buyers are Still Competing.

Housing is Cooling Nationally. In These Affordable Markets, Buyers are Still Competing.

by John G. Stevens | Sep 8, 2026 | Real Estate News, U.S. Housing Market

The national housing market may be losing momentum, but buyers aren’t disappearing everywhere. They are concentrating. New Realtor.com Economic Research released Tuesday shows that the country’s most competitive housing markets remain clustered almost...
John Marshall, Bank of Clarke Strike $253 Million Deal to Build $4.4 Billion Virginia Bank

John Marshall, Bank of Clarke Strike $253 Million Deal to Build $4.4 Billion Virginia Bank

by John G. Stevens | Sep 8, 2026 | Mortgage Information, Real Estate News

Two Virginia community banks are combining in a roughly $253 million transaction that will create a $4.4 billion institution stretching from the Shenandoah Valley through Northern Virginia and into the Washington, D.C., metropolitan area. John Marshall Bancorp, the...
First Citizens Takes Over 138 BMO Branches — and $5 Billion in Deposits

First Citizens Takes Over 138 BMO Branches — and $5 Billion in Deposits

by John G. Stevens | Sep 8, 2026 | Mortgage Information, Real Estate News

First Citizens Bank has completed one of the larger U.S. bank branch transfers of the year, taking control of 138 BMO locations across 11 states and adding approximately $5 billion in deposits to a balance sheet that already exceeds $225 billion. The acquisition...
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