U.S. Pending Home Sales Rose in October

Yet, Year-Over-Year Pending Activity Still Lags Pending home sales picked up in October 2025 as lower borrowing costs and improving sentiment helped bring more buyers into the market, though contract activity remained slightly below last year's levels, according to a report released Tuesday by the National Association of Realtors. The NAR Pending Home Sales Index climbed 1.9% from September 2025, marking...

Hillwood backs new homebuilding fund as AD&C credit tightens

The one thing that’s unambiguous right now in residential development and new construction is that the $80-to-$100 billion homebuilders throughout the U.S. draw on to site and build the new homes they plan to sell in 2026 and each year beyond is harder to get and more expensive to finance. National Association of Home Builders VP for Survey and Housing Policy Research Paul Emrath provided new data to...

FirstClose names Adam Nicholson director of professional services

FirstClose, a fintech provider of data and workflow technology for mortgage and home equity lenders, announced on Tuesday that it has appointed Adam Nicholson as director of professional services. Nicholson, who has spent more than a decade leading implementation and professional service teams in the fintech space, will lead the company’s implementation operations along with overseeing project...

New home price premium hits record low

Monthly payments for new and existing homes are now nearly equal, amid a trend of stagnating prices and increased use of mortgage buydowns among builders.  That was one of the main findings from Realtor.com’s Q3 New Construction Report. According to the report, buyers purchasing a new home last quarter had an average mortgage payment only about $30 more per month than those buying an existing home...

Former local Realtor association CEO charged with grand theft

Former East Polk County Association of Realtors (EPCAR) CEO Jennifer Garula-Mers has been charged with grand theft after she allegedly stole over $81,000 from the trade association, leaving it “all but broke,” according to the Polk County Sheriff’s Office (PCSO). The Florida-based Realtor association’s former CEO was arrested on Friday by the PCSO, which had issued a warrant for her arrest the...

Kevin Hassett is the rumored lead for Fed chair position

Kevin Hassett, director of the White House National Economic Council, is the leading candidate to be the next Federal Reserve chair, advisers and allies of President Donald Trump told Bloomberg, as the deadline for a new Fed governor approaches. Trump has voiced his opposition to the current Fed leader, Jerome Powell. Trump has threatened to fire Powell in previous reports and has voiced frustration...

Inside the Lechner House, a brilliantly restored piece of L.A. design history

Plenty of midcentury homes hold a place in L.A.’s design history, but few are as deeply studied — or as beautifully revived — as the Lechner House. Designed in 1949 by R.M. Schindler, one of the defining voices of Los Angeles modernism, the home is a rare example of a fully restored midcentury landmark that still feels completely alive. Privately tucked behind gates and surrounded by greenery, the...

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