Sales up 1.1%, driven by lower interest rates, gains in South and West
While well-meaning, rent controls work against intended purpose, National Apartment Association says
Ninth straight increase moves federal funds rate’s target range from 4.75% to 5%
Outstanding debt increases 7.7% year over year
Median price drops, ending record streak of annual increases
Final quarter of 2022 sees largest production loss, highest total production expenses ever
Current president to succeed her in CEO position; McGarry to remain on company’s board
Kind Lending announced the formation of a new joint venture mortgage company, Results Home Mortgage, in partnership with RE/MAX Results. Specializing in residential purchase mortgage
Fannie Mae announced that Michael Seelig was appointed to its board of directors and will serve on its audit committee. Seelig was a senior executive
Single-family starts see moderate increase, but annualized pace remains ‘anemic’