Stewart Title merges Nevada offices

Stewart Title continues to tinker with its national footprint. The title giant recently combined its two Northern Nevada divisions – Legacy Division and Western Division. Legacy was previously Capital Title, and Western was formerly Western Title Company — the latter Nevada’s sixth-oldest company, which was acquired in a purchase of 57

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Lennar execs confident building boom will not end soon

“These are the best of times,” declared Stuart Miller, chairman of the board for Lennar Thursday. And the homebuilder’s quarterly financial performance backs up what Miller is talking about. Lennar, best known for producing homes for the middle class, reported $831 million in net income for the months of March,

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New home sales fall due to low inventory and high prices

Mortgage applications for new home purchases fell 9% month-over-month in May at a seasonally unadjusted pace ― the second consecutive month sales of new homes have dropped, according to data released Thursday by the Mortgage Bankers Association. Compared to May of last year, MBA’s Builder Application Survey (BAS) revealed purchases

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Creating clients for life in a hot purchase market

Despite rising home prices and a supply crunch, the purchase market is still wildly hot. In light of that, HousingWire sat down with Peter Paglia, Chief Strategy Officer at HomeBinder, to discuss how to create a “Client for Life” in this environment. HousingWire: As the refi boom simmers down, why should

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Mortgage rates continue their fall, to 2.93%

The average 30-year fixed-rate mortgage fell three basis points from the week prior to 2.93%, according to data released Thursday by Freddie Mac‘s PMMS. This marks the first time in over two months mortgage rates have fluctuated outside a five basis point range above or below 3%. “Mortgage rates continued to drift

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