First American Financial Corporation has appointed Mark E. Seaton as its new chief executive officer, just weeks after the title insurer’s former CEO Kenneth DeGiorgio was charged with misdemeanor assault. Continue reading
Kenneth DeGiorgio now faces a criminal assault charge following an incident aboard the Virgin Voyages Resilient Lady cruise ship, according to an FBI criminal complaint. Continue reading
The Pending Home Sales Index (PHSI) rose by 2.0 percent to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6 percent compared to last year. Continue reading
The Pending Home Sales Index (PHSI) rose by 2.0 percent to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6 percent compared to last year. Continue reading
Privately owned housing starts rose 11.2 percent but still fell behind February 2024 activity, according to data released Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading
Sales of newly built single-family homes declined during January, falling well below consensus estimates, according to data released Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading
Multifamily housing starts fell 9.8 percent, reaching a seasonally adjusted rate of 1,366,000, while single-family housing starts fell 8.4 percent month over month, according to data released Wednesday. Continue reading
High mortgage rates, slowing homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains. Continue reading
There are “some limits to functionality” as First American continues efforts to return to normal business operations following a cybersecurity breach that led the company to isolate some systems from the internet on Dec. 20. Continue reading
Home prices increased 0.7 percent between August and September of 2023, and were up 6.7 percent annually, according to a new report. Continue reading