Mortgage Rates to Hold Steady on As-Expected Inflation Report, Dimming Odds of a September Fed Rate Hike
Takeaway: Rates should see little change today following an as-expected inflation report, but a Fed hike in September seems increasingly unlikely. Core inflation came in almost spot on with expectations, thwarting fears that inflation would continue to spike in the absence of an agreement with Iran.
Home Sales Drop to Lowest Level in Nearly 2 Years, With Texas and Seattle Driving Decline
Near-record home prices, elevated mortgage rates and economic instability drove down U.S. home sales in July. Homebuying demand fell most sharply in Texas and Seattle. In Seattle, high prices and tech sector layoffs are discouraging prospective buyers. Some places are bucking the national trend. Hom
The hidden data problem costing national builders millions
Homebuilders have invested heavily in technology, purchasing customer relationship management platforms, enterprise resource planning systems and other technologies designed to improve operational performance. Yet many still lack a clear view of the product at the center of their business: the homes
Texas HOA laws are changing board responsibilities. Here’s how communities can keep up.
Serving on a homeowners’ association (HOA) board has always meant balancing the needs of the community with the responsibility of managing its finances and addressing resident concerns. However, these responsibilities are only becoming more demanding as Texas communities expand. From mid-2024 to mid
