Category: first american

Does this new housing data foreshadow a recession?

By The Citizen on September 17, 2025

New home starts fell 8.5 percent from July to August as builders continued to react to the negative economic outlook, according to data from the…

Mortgage rates drop sharply as Powell shifts stance on rate cuts

By The Citizen on August 22, 2025

Investors pushed bond yields and mortgage rates down Friday after Fed chair says policymakers are starting to see unemployment as a bigger risk to the…

‘Construction is in a funk’: Homebuilding improves, but inventory issues remain

By The Citizen on August 19, 2025

The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts…

Single-family permits and starts reach 11-month low in June

By The Citizen on July 18, 2025

Negative homebuyer and homebuilder sentiment matched with growing economic uncertainty to stifle new construction in June, with single-family permits, starts and completions taking the biggest…

Housing starts plunge 10% in May to lowest level since 2020

By The Citizen on June 18, 2025

New residential construction made progress in completions but largely fell short on starts and permits, according to new data released Wednesday by the US Census…

New-home sales climb nearly 11%, but figures may be ‘overestimated’

By The Citizen on May 23, 2025

Sales of newly built single-family homes rose in April, pointing to continued buyer engagement during the spring homebuying season, the latest data from the U.S.…

Builders pull back from new construction once again in April

By The Citizen on May 16, 2025

April’s housing data underscores a challenging landscape for new construction, particularly in the single-family segment, and the privately-owned segment isn’t far behind. Source: Inman News

Pending home sales jump as buyers eye lower mortgage rates

By The Citizen on April 30, 2025

According to data released Wednesday by the National Association of Realtors (NAR), contract signings jumped 6.1 percent in March. That represents the biggest monthly gain…

Tariff threats prompt builders to pump brakes on new construction

By The Citizen on April 17, 2025

Housing starts fell 11.4 percent in March, a modest improvement from 2024, according to Census data released Thursday, with one economist describing the slump as…

First American CEO Ken DeGiorgio terminated, new CEO named

By The Citizen on April 15, 2025

First American Financial Corporation has appointed Mark E. Seaton as its new chief executive officer, just weeks after the title insurer’s former CEO Kenneth DeGiorgio…

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