Brack Ranch in St. Cloud and Trinity Gardens in DeLand will feature single-family detached High Performance Homes Orlando, FL - Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, today announced it has closed on a total of 124 homesites for two new communities in Central Florida. The first phase of Brack Ranch in St. Cloud includes 14...
Image Interest rate cuts are expected to provide a strong tailwind behind a positive REIT...
Florida remained the top destination for foreign buyers for 16th year in a row According to a recent report from the National Association of Realtors (NAR), foreign buyers spent $42 billion on U.S. existing homes between April 2023 and March 2024, a 21.2% decrease from the previous 12 months. During this period, international buyers purchased 54,300 properties, marking a 36% decline from the year before...
Curbio, a home renovation startup that specializes in pre-sale work, has agreed to settle fraud allegations made by the Office of the Attorney General for the District of Columbia. As part of the settlement, Curbio agreed to pay $7.5 million. The company denied wrongdoing and said in a statement that it agreed to the settlement because “the time and money we would spend over the next two years to...
Federal Reserve policymakers are expected to lower the benchmark interest rate on Wednesday for the first time in more than four years. But it appears to be anyone’s guess as to how large the cut will be. Interest rate traders were giving shorter odds on Tuesday afternoon to a cut of 50 basis points (bps), which would trim the Fed’s target range to 4.75% to 5%. According to the CME Group‘s...
For agents in New Hampshire, this week marks two months since PrimeMLS, the state’s multiple listing service, implemented the business practice changes outlined in the National Association of Realtors’ nationwide commission lawsuit settlement agreement. In these two months, one overwhelming trend has emerged — everyone is handling the changes a bit differently. Brokers from across the state dove...
Industry-leading reverse mortgage lender Finance of America (FOA) on Tuesday announced updates and new details for a previously announced exchange offer, which would swap current investor bonds due in 2025 with new bonds due one to four years later. The current unsecured notes, due in 2025 with an interest rate of 7.875%, could be swapped for one of two new bond options — those with the same interest...
Global investment firm Carlyle has agreed to purchase up to $300 million of equity sharing home loans from home equity solutions provider Unison. Carlyle also made a strategic investment into the San Francisco-based Unison, enabling it to launch its Equity Sharing Home Loan product. “We are excited to partner with Unison to provide an attractive solution for homeowners to access their appreciating...
A former Housewives’ beautiful Bridgehampton home is on the market — and it comes with bright and elegant interiors, a cute little guest cottage, and a prime location in the Hamptons. Owned by TV personality, RHONY alum, and self-made millionaire Bethenny Frankel, the property landed on the market last week with a $5,995,000 asking price. Douglas Elliman’s Noble Black and Erica Grossman hold the...
While famed architect Frank Lloyd Wright designed more than 1,000 buildings throughout his life, his prolific 70-year career produced one single Florida residence: the Lewis Spring House in Tallahassee. But Florida had its own famed proponent of organic architecture. Mentored by Wright, Alfred Browning Parker was one of Florida’s most prolific and influential mid-twentieth-century architects....
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