The conventional wisdom says tighter credit slows lending volume. The agencies proved that wrong last year. Combined multifamily originations from Fannie Mae and Freddie Mac topped $150 billion, which was up roughly 25% from 2024, but property values are still sitting 28% below their mid-2022 peak. The agencies grew because borrowers trusted the process enough […]
Toll Brothers has promoted Executive Vice President Seth J. Ring to president and chief operating officer, succeeding outgoing president and COO Robert (Rob) Parahus, according to a company announcement. Ring, a 22-year Toll Brothers veteran, will also join the company’s board of directors. Parahus, who has been with Toll for 40 years, will retire from
Seth Ring elevated to president and COO at Toll Brothers Read More »
Housing demand in 2026 has not disappeared under the weight of elevated mortgage rates. But it is becoming increasingly selective. The latest housing data suggests buyers are concentrating in markets where pricing remains more aligned with purchasing power — while higher-cost markets and pandemic-era boom regions are seeing more normalized conditions emerge. In his latest
Housing demand is concentrating where affordability still works Read More »