In December, the housing market saw a big drop in pending home sales. This means fewer people signed contracts to buy homes compared to the month before. Experts thought there might be a small increase, but instead, there was a big decrease of 9. 3%. This drop was felt all over the U. S. , with only
PNB Housing has shown a profit boost of 8% in the last quarter of 2023, but the road ahead is not all smooth. The company made a net profit of 5. 20 billion rupees, up from 4. 83 billion rupees a year before. Revenue also saw a 9% increase, reaching 21. 19 billion rupees. This growth is partly due t
In a bold move, a Pennsylvania lender, Newrez, is set to accept cryptocurrency as part of mortgage applications starting next month. This shift aligns with a broader trend, as the US Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac last year to explore crypto's role in home
In a surprising turnaround, home prices in the UK have climbed to new heights just after the holiday season. This unexpected jump follows a period of decline, which many believe was caused by worries about the finance minister's budget announcement. Experts are now seeing a shift in the housing mar
Panasonic is making waves with a new approach to product design. They are using robots and smart software to make appliances easier to take apart. This isn't just about fixing things; it's about making products last longer and reducing waste. The idea is to design products that can be easily disasse
The cost of buying a home has gone up a lot. The money needed for a down payment has almost doubled. A top economic advisor, Kevin Hassett, shared a new idea. He said people might be able to use their 401(k) savings for a down payment. This idea is part of a bigger plan to make housing more affordab
Washington state is in a housing jam. Microsoft, a tech heavyweight, has some ideas to help build more homes faster. They've shared four big suggestions with local leaders. First, they want to turn empty office parks and parking lots into places where people can live. Second, they think the process
The last day of the CREFC January Conference 2026 wrapped up with three engaging discussions. The first talk was about troubled office buildings. Experts discussed how some offices are struggling while others are doing okay. It all depends on where they are and how good they are. Next up, the conve
The UK housing market is showing small signs of improvement. This is after a long period of uncertainty. Surveyors are now feeling more positive about the future. This is due to a few key factors. First, the finance minister's tax plans are now clearer. There was a lot of worry about possible tax i
Giovanne Schachere is making a big difference in California and Washington. He leads groups that help people who are homeless or just out of jail. These groups give them medical help, housing, and support to stay on track. Running things in two states isn't easy. Each state has different rules and
