Residential Building & Real Estate News

CULLMAN, Ala.--(BUSINESS WIRE)--Enclave launches a new DST offering backed by a fully leased Alabama industrial asset, seeking $9.3 million from accredited 1031 exchange investors....

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a branded building products leader, today announced that Michael DeVito, former Chief Executive Officer of the Federal Home Loan Mortgage Corporation (Freddie Mac), has been elected to the company’s Board of Directors. He has been appointed to serve on the Audit Committee and the Finance and Technology Committee."We are pleased to welcome Michael to our Board of Directors. He brings nearly four decades of leadership experience in housing,...

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that its board of directors has declared a quarterly cash dividend of 61 cents per common share, an 11 percent increase over the prior level of 55 cents per common share. “This dividend increase reflects our confidence in First American’s business...

NEW YORK--(BUSINESS WIRE)--Vishal Garg, founder and former CEO of Better Home & Finance Corporation (“Better” or the “Company”) (Nasdaq: BETR) and significant stockholder, today announced that leading independent proxy advisory firm, Egan-Jones Proxy Services (“Egan-Jones”), has recommended shareholders vote FOR both of the Garg Group’s proposals on the GREEN consent card, including the removal of five directors on Better’s Board of Directors (the “Board”). Mr. Garg commented: “We appreciat...

DAYTONA BEACH, Fla.--(BUSINESS WIRE)--Wire 3 today announced its privately funded $60 million network in Deltona and DeLand has reached the halfway point of construction....

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Dream Finders Homes, Inc. (“Dream Finders”) (NYSE: DFH) today announced the results of its previously announced consent solicitation (the “Consent Solicitation”) with respect to certain amendments (collectively, the “Proposed Amendment”) to the Indentures governing the outstanding 7.500% Senior Notes due 2031 (the “2031 Notes”) and 8.000% Senior Notes due 2032 (the “2032 Notes,” and together with the 2031 Notes, the “Notes”) of Beazer Homes USA, Inc. (“Beazer...

SAN FRANCISCO--(BUSINESS WIRE)--Thumbtack, the technology company helping millions of people confidently care for their homes, today released its third annual Future of the Skilled Trades Report, revealing how AI and economic uncertainty are reshaping career decisions and fueling a new generation of tradespeople.More than 80 percent of Gen Z surveyed say it has become harder for young people to build a stable career than it was just a few years ago, with four out of five believing AI will elimin...

BOSTON--(BUSINESS WIRE)--Today, Hometap, the Boston-based fintech company pioneering home equity investment solutions, announced that a New York homeowner has won $25,000 in its "Invested in Homeowners' Dreams" contest,” which he plans to use to renovate his family's bathrooms. Alongside the prize, Hometap is donating $25,000 to Rebuilding Together. These two commitments extend Hometap's promise to invest in more than its own homeowners, supporting the communities and causes that make homeowners...

WINCHESTER, Va.--(BUSINESS WIRE)--It’s long been assumed that American homeowners are opting to stay in their current homes due to high mortgage rates, a tight housing market, and economic uncertainty. But a new national survey conducted by Trex Company suggests homeowners aren't staying put because they're stuck. They're staying on purpose. "We expected people to say they're staying because they can't afford to move,” said Jodi Lee, senior vice president of marketing for Trex, the world’s larg...

NEW YORK--(BUSINESS WIRE)--Capstone Holding Corp. (NASDAQ: CAPS), a national, technology-enabled building products distribution platform, today highlighted its ability to deliver organic growth despite weakness in the broader building products market. Capstone’s organic distribution revenue grew approximately 7 percent year over year in the second quarter, even as new-construction building-products spending declined an estimated 8.5 percent over the same period. Zonda, a leading provider of hou...