Why more builder discounts are not unlocking new-home demand
In the second quarter, private mortgage insurers wrote 21% more new business versus the first quarter and 17% more than one year prior, data aggregated by Keefe, Bruyette & Woods found. Processing Content After the reporting season ended, Bose George raised the earnings targets on four of the five companies he followed, Radian being the…
Consumers, AI spending likely supported US economic growth in the second quarter
What is actually in the Bill The ROAD to Housing Act is not one idea. It is a package that pulls together more than sixty pieces of previously introduced legislation, most of them written with bipartisan sponsors, spanning twelve titles that touch nearly every part of how this country builds, finances, and preserves…
More than one-third of all US housing, or 35.2%, sits within community associations, according to the Foundation for Community Association Research’s 2025 Statistical Review, which tallies 373,000 community associations housing 78.1 million residents nationwide. For first-time buyers, moderate-income households, seniors, and buyers in higher-cost markets, the letter said, condominiums remain “one of the most attainable paths to…
US Secretary of Treasury Scott Bessent addresses the Economic Club of New York on March 6, 2025. Charly Triballeau | Afp | Getty Images U.S. Treasury yields were relatively unchanged on Friday after the U.S. said its naval blockade of Iranian ports could continue “indefinitely.” The yield on the 10-year U.S. Treasury note — the…
A retired New York lawyer who bought a $5.5 million Cape Cod mansion that was teetering on the verge of falling into the ocean claims he shouldn’t have to pay off his mortgage because he was “manic” when he bought it. John G. Bonomi Jr, 66, purchased the 5,817-square-foot dwelling situated between Cape Cod Bay…