Budget season squeezes private builders on how much risk to carry
NAHB shows development loan effective rates at 12.59%, while single-family starts fell to an 808,000 pace in July
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Southern Land hires Highland Homes vet to lead homebuilding
Marchbanks will lead homebuilding operations and help scale master-planned communities in Tennessee, Texas and Colorado
Builder sentiment runs soft as affordability strain subdues orders
Homebuilders continue to rely on incentives to drive sales. Those who buck this trend differentiate on product and community offerings
Social Security’s COLA increase in 2027 could be its largest in 4 years
The Social Security Administration is scheduled to announce the official 2027 COLA Oct. 14
Keller Williams launches KW Modular agent community
New community offers training, certification and builder connections for KW agents across North America.
CHLA wants IMBs to be eligible for FHLBank membership
Group warns against expanded mortgage purchases while urging modernized membership and annual lending reviews
Inventory edges slightly higher year over year as rates rise
Inventory rose to 871,063 in mid-August as rates stayed near highs, while pending sales fell year over year and price cuts hit 41.67%.
Real shareholders approve REMAX acquisition, closing nears
Real and REMAX shareholders approved the merger. Real vote was 99% and REMAX was 78.8%, with closing expected in two weeks.
Summer heat sets in across Northeast housing markets
From Rochester to Boston and Buffalo, the common denominator remains limited inventory — and buyers are ready for the chase.
Appeals court reboots NYC pied-à-terre tax rollout after pause
New York City’s ultra-rich started the week with a reprieve from having to prove residency to avoid a pied-à-terre tax. But as the week ends, the reprieve itself proved fleeting. A state appeals judge yanked back the roadblock on Mayor Zohran Mamdani’s tax plan Thursday afternoon in a Staten Island court. Brought by three homeowners, […]