Sales of newly built homes continue to outpace sales of existing homes. According to data released Thursday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, new-home sales hit a seasonally adjusted rate of 738.000, which is 4.1% higher than in August and 6.3% higher year over year. Sale prices…
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Alliant National Title Insurance Co. has entered into an agreement to be acquired by Florida-based builder Dream Finders Homes, according to an announcement on Thursday. The financial terms of the deal, which is subject to regulatory approval, were not disclosed. “This is a strategic acquisition for DFH and allows us to further vertically integrate alongside…
CNBC’s Rick Santelli and Diana Olick report on the latest economic data to cross the tape.
District of Columbia Attorney General Brian Schwalb is back at it. On Thursday, his office announced a settlement with Universal Title over allegedly engaging in kickbacks with real estate agents through joint ventures in the Washington, D.C., area. But similarly to the four firms that Schwalb’s office took action against in August, the case did not involve…