U.S. new home sales fell to a 622,000 SAAR in April, down 6.2% from March and 11.3% year over year. The median price rose to $422,500 and supply increased to 9.4 months as affordability pressures persisted.
U.S. Sen. Elizabeth Warren is demanding answers from Bilt Rewards over reports that customers experienced payment disruptions and account issues during the company’s transition between banking partners.
Word that Eastwood Homes would acquire Atlanta-based Peachtree Building Group on Tuesday came as any private-to-private combination might. An energized, well-led, fast-growing Carolinas-based private homebuilder was expanding its reach and deepening its foothold in one of America’s most strategically attractive housing markets. What we learn as the story behind the transaction – the one that […]
Zohran Mamdani ran for mayor on one promise: make New York City affordable again. This week, he moved to further dismantle the rules New York spent decades erecting to prevent residential density. Mamdani released a 10-year housing plan pledging to build 200,000 new affordable homes while preserving 200,000 more. “These are the most ambitious affordable […]