A cohort of major homebuilders are reportedly working on a proposal to create one million “Trump Homes” as part of a new program to accommodate first-time buyers. According to a Bloomberg report based on input from unnamed “sources familiar with the proposal,” the...
Federal Housing Finance Agency (FHFA) Director Bill Pulte has made an unsubtle threat against home builders if they continue making stock repurchases. In a Wall Street Journal interview, Pulte accused builders of intentionally keeping home prices elevated and called...
An update on the cause of the Palisades Fire, Hunter Biden’s bizarre Romanian real estate deal, and a once-prominent pharmacy chain comes to an end. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 6-10. Miss: Now, What...
President Trump announced that he is beginning a campaign to encourage the nation’s homebuilders to create more residences. In a post on Truth Social, Trump stated, “Before I became President, ‘OPEC’ kept Oil prices high. It wasn’t right for them to do that but, in a...
Dallas-headquartered Cornerstone Capital Bank has launched two joint venture companies with homebuilders in Texas and North Carolina. Twin Tree Mortgage, based in Waxahachie, Texas, is a joint venture with Elmwood Homes that will provide mortgage solutions for...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
