Author name: Ricky Vasquez

Homebuilding executives remain downbeat, citing a range of current conditions marked by buyer hesitancy, economic uncertainty, shrinking profit margins, increased use of incentives, and high costs. However, homebuilders whose primary focus is the strained entry-level buyer segment face the biggest hurdles.  The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)’s builder confidence […]

Pennymac cut the ribbon on a new facility in Carrollton, Texas, on Friday, which will become the company’s largest corporate office, eventually housing more than 1,800 employees. The move consolidates two offices in the Dallas/Fort Worth metroplex while also giving the company room to grow. Pennymac is taking full advantage of the bigger space, actively hiring

The spat between Zillow and Midwest Real Estate Data (MRED) continues on. Over the weekend, the Chicago-based MLS sent an email, obtained by HousingWire, to members warning them that the listing portal’s industry relations team is contacting MRED subscribers and allegedly threatening to contact their home seller clients. MRED stated that it’s anticipating disruptions to