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D.R. Horton expands, buys Wilson Parker Homes

Already one of the nation’s largest homebuilders, D.R. Horton is about to get bigger, as the company announced Monday that it plans to acquire Wilson Parker Homes, a homebuilder that operates in Georgia, Arizona, North Carolina and South Carolina. Source:…

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First American acquires RedVision in major deal

First American just announced it will acquire RedVision. This will allow First American’s data trace group to build additional title plants quickly. This is what each company says about what the acquisition will mean for them. Source: 1

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Mortgage defects are skyrocketing. The cause? TRID

As the mortgage industry approaches the one-year anniversary of the October 2015 implementation of the Consumer Financial Protection Bureau’s new TILA-RESPA Integrated Disclosure rule, there is little doubt that the impact is still being felt. In fact, a new report…

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Mortgage Rates Rise for Labor Day

Mortgage rates moved slightly higher just before Labor Day, according to Freddie Mac’s most recent Primary Mortgage Market Survey® (PMMS®). As September begins, rates remain near their all-time record lows. The 30-year fixed-rate mortgage (FRM) averaged 3.46 percent with an average 0.5…

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Home Improvements Push Residential Construction Spending Up

NAHB analysis of Census Construction Spending data shows that total private residential construction spending for July registered a seasonally adjusted rate of $445.5 billion, slightly up from the June downwardly revised estimate. The monthly gains are largely attributed to the…

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Texas Ranch with Vista Views

Looking for lush Texas living? Head on down to 25 Augusta at Cordillera Ranch, an exclusive, resort-style community on 8,700 acres of sprawling Texas land, nestled next to five miles of Guadalupe River. The four-bedroom, five-bathroom home, designed by award-winning…

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