US purchases of new homes fell in May by the most in almost three years as rampant sales incentives fell short of alleviating affordability constraints. Sales of new single-family homes decreased 13.7% to a 623,000 annualized rate last month, a seven-month low, according to government data released Wednesday. That was below all estimates in a […]
New-home sales drop by most since 2022 on poor affordability Read More »
Bill Cosgrove, the CEO of Union Home Mortgage, is the latest mortgage industry player looking to move into sports team ownership. Cosgrove is listed as part of a group headed by another housing industry participant, Dream Finders Homes founder, president and CEO Patrick Zalupski looking to purchase the Tampa Bay Rays, the team confirmed to
Another mortgage exec aims to own a sports team Read More »
Fear of a recession is back in the headlines. And if you’re thinking about buying or selling sometime soon, that may leave you wondering if you should reconsider the timing of your move. A recent survey by John Burns Research and Consulting (JBREC) and Keeping Current Matters (KCM) shows 68% of people are delaying plans
Think It’s Better To Wait for a Recession Before You Move? Think Again. Read More »