M/I Homes reported a 38% decline in third-quarter net income as the homebuilder faced softer demand and lower margins, adding to evidence that elevated financing costs continue to weigh on the new-home market.The Columbus, Ohio-based company reported net income of...
Green Brick Partners, a Plano, Texas-based homebuilder, announced the promotion of President and Chief Operating Officer Jed Dolson to co-CEO, effective Oct. 15. Dolson joined Green Brick Partners in 2013 as the head of land acquisition and development. During his...
Samara, a Redwood City, California-based homebuilder known for its Backyard ADU, has introduced Locale by Samara, the company’s expansion into single-family real estate. The company stated that it will now design and build small infill developments consisting of...
Cole West, a Centerville, Utah-based real estate development company, has promoted Chris Winter to president of homebuilding. Winter previously served as division president for Cole West’s Southern Utah homebuilding operations. He joined Cole West in January 2021,...
Lennar Corp. (NYSE: LEN) is quietly entering Iowa’s Des Moines-area housing market. According to a Business Record report, the Miami-headquartered homebuilder created a Lennar Iowa Facebook page that heralded the upcoming arrival of “move-in ready homes” at prices...
ICE Mortgage Technology Revenue Rises 4% to $549 Million as Servicing Softw…
