There’s a battle brewing between two real estate titans as Starwood Capital Group and D.R. Horton are both angling to acquire Forestar Group, a residential and mixed-use real estate developer. Starwood wants to buy the company for $14.25 per share, while D.R. Horton wants to buy 75% of the company for $16.25 per share. But… Continue reading Starwood Capital ups its offer for Forestar as battle with D.R. Horton intensifies
Last month, the Federal Trade Commission filed a complaint against the Louisiana Real Estate Appraisal Board, accusing the regulatory body that oversees property appraisals in the state of stifling price competition by requiring appraisal management companies to follow the state’s established polices for the fees that AMCs pay to appraisers. Now, the board is fighting… Continue reading Louisiana Real Estate Appraisal Board fights back against FTC price-fixing allegations
A recent study from TransUnion showed American renters are increasingly setting their sights on homeownership. The number of renters shopping for a home increased from last year and from 2015.
Mortgage rates decreased slightly this week, hovering near year-to-date lows. Freddie Mac’s survey shows that as mortgage rates inched down, the Treasury yield increased following last week’s sharp decline.
The Federal Housing Finance Agency’s monthly home price index showed home prices continue to increase, hitting new highs after surpassing the previous peak back in 2016. The report breaks down which regions saw the highest gains in home prices, and the one division which saw a decrease in home prices from March to April.
Foreclosures and delinquencies fell in May, partially reversing the increase in April. Black Knight’s latest report shows the states where homeowners are the best and worst at keeping up with paying their mortgage.
HouseCanary, a real estate analytics company, and First American Mortgage Solutions, a subsidiary of First American Financial Corp. and a provider of lender and servicer solutions, announced a partnership that will make HouseCanary’s home price data available through First American Mortgage Solutions.