Author name: Ricky Vasquez

New U.S. residential construction declined unexpectedly in August to one of the weakest paces since the pandemic, reflecting a plunge in starts of multifamily projects. Processing Content Housing starts decreased 2.6% to an annualized rate of 1.28 million, according to federal government data released Thursday. The median forecast in a Bloomberg survey of economists was […]

Major industry players are revealing their approaches to challenges they face in scaling operations and pursuing efficiencies.  Processing Content American Pacific Mortgage President Steve Majerus, who sits at the helm of one of the largest retail shops in the country, said he is frustrated with “single solution” vendors that fail to think bigger.  American Pacific

Pending sales of existing U.S. homes picked up slightly in August, though they remained subdued as high mortgage rates continue to suppress demand.  Processing Content An index of contract signings increased 0.3% to 71.2 last month, rising for the first time since May, according to National Association of Realtors data released Thursday. Economists surveyed by