Housing Starts End Year on Positive Note

Housing starts posted a modest increase in December, HUD and the Census Bureau reported Wednesday, and jumped by nearly 16 percent from a year ago.

Industry Briefs Jan. 18, 2022: First American Acquires Mother Lode Holding Co.

First American Financial Corp., Santa Ana, Calif., signed an agreement for its acquisition of Mother Lode Holding Co., a California-based provider of title insurance, underwriting and escrow services for residential and commercial real estate transactions with 17 operating subsidiaries throughout the U.S., including its principal subsidiary Placer Title Co.

Housing Affordability Concerns Intensify

Reports from First American Financial Corp., Santa Ana, Calif., and ATTOM, Irvine, Calif., show rising home prices and inflation are taking a bigger bite out of housing affordability entering the new year.

November Pending Home Sales Drop 2.2%

Pending home sales slipped in November, as every region saw monthly declines, the National Association of Realtors reported Wednesday.

November Jobs Up by 210,000; Unemployment Rate Falls to 4.2%

The November employment report followed a recent and inconsistent pattern: employment rose in November, although well below expectations, while the unemployment rate fell sharply, the Bureau of Labor Statistics reported Friday.