Downpayment assistance programs are available to first-time homebuyers across the country in the form of more than 2,400 such offerings at the local and state levels, but they have not had an appreciable impact on the level of U.S. homeownership. This is why a zero-down Federal Housing Administration (FHA) mortgage would be a more viable…
"November 2024" Archives
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It appears that Howard Hanna Real Estate Services‘ reprieve from the Moratis commission lawsuit — formerly known as the Spring Way suit — will be short-lived. Last week, the plaintiffs in the suit filed a notice of appeal of a lower court’s decision to dismiss both Howard Hanna and West Penn MLS from the suit with…
Home Depot raised its fiscal outlook after strong third-quarter 2024 sales, driven by demand for seasonal goods and hurricane preparation in the Southeast. The world’s largest home improvement retailer and fourth-largest U.S. retailer by market capitalization reported $40.2 billion in sales for the quarter ending Oct. 27. That exceeded analysts’ projections of $39.31 billion. Revenue…
Anthony Hitt is stepping down as the president and CEO of Engel & Völkers Americas. The brokerage firm announced Tuesday that Hitt will be stepping down from his leadership roles at the end of 2024 in order to “focus on personal endeavors.” Hitt began his career at Engel & Völkers Americas in 2010 and has…