The parent company of the Homes.com real estate portal said the “investment phase” is over, and that selling or abandoning the site would be premature. CoStar continued playing defense against a pair... Read more »
From BLS: Both total nonfarm payroll employment (+50,000) and the unemployment rate (4.4 percent) changed little in December, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in... Read more »
Hanley Investment Group Real Estate Advisors arranged the sale of a multi‑tenant shop building adjacent to Smart & Final Extra! at Antelope Valley Plaza in Lancaster. The sale price was $3.9 million.... Read more »
Apple has added to its South Bay real estate footprint by acquiring two office properties on Stevens Creek Boulevard in Cupertino, the Mercury News reported. A group whose principal executives include Peter... Read more »
Consumer confidence fell for the fourth consecutive month, registering below the threshold for recession indicators for the second straight month—reflecting many consumers’ continued apprehension toward the economy, according to the latest data... Read more »
Consumer sentiment has now fallen for the fourth straight month as the economy continues to waver under a back and forth on tariffs and trade wars, according to the latest data from... Read more »
The report on the Home Equity Conversion Mortgage (HECM) book of business inside the Mutual Mortgage Insurance (MMI) Fund served as another positive development for the program. The estimated economic net worth... Read more »
Dallas-based United Real Estate has announced another strategic expansion in the Carolinas. Charlotte-headquartered United Real Estate Queen City will open a new affiliate location in Fort Mill, South Carolina. According to a... Read more »
Home Equity Conversion Mortgage (HECM) endorsements continued to decline in the 2024 fiscal year from a recent peak observed in 2022, while the HECM line of credit continued its dominance as a... Read more »
The U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) released a new report detailing what it says are the top management challenges for the department in... Read more »