President Trump issued an executive order on Tuesday evening that directed federal agencies to stop backing loans and offering incentives that would enable institutional investor purchases of single-family homes. “A growing share of single-family homes, often...
Single-family housing starts in June were at a rate of 883,000, according to data from the US Census Bureau and Department of Housing and Urban Development. This is 4.6% below the revised May figure of 926,000. Privately-owned housing starts in June were at a...
The homebuilder Lennar Corp. (NYSE:LEN) is now selling new single-family homes at Caldwell Lakes, a community based in Dallas. Caldwell Lakes offers new home designs from Lennar’s Classic collection, with floorplans encompassing three- and four-bedroom and...
New York Gov. Kathy Hochul is planning to offer proposals designed to restrict hedge funds and private equity firms from acquiring large numbers of single-family homes across the state. The New York Times reports the governor will put forth her proposals at next...
The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) found builder confidence in the market for newly built single-family homes at a 46 level in November, up three points from October. This marked the third consecutive month...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
