AD
2024-07-21 16:58:44 +0300

Why the alarming surge in contracts being canceled for new homes in Dallas-Fort Worth?

Logo The Business Journals
The Business Journals

Dallas-Fort Worth homebuilders are seeing more cancelations of contracts on new homes, triggering a sharp drop in sales and pending sales. Resale cancelations are also rising.

AD
AD

Continue read on bizjournals.com

AD
Logo CNBC
Business / FinanceBy Diana Olick2024-07-11 18:16:24 +0300
Key Points Americans are canceling deals to buy homes at the highest rate since the start of the Covid pandemic. The share of sale agreements on existing...

Logo The Business Journals
Business / Finance2024-07-19 22:45:52 +0300
Halfway through the year, housing permits are down by double-digit percentages in many of the previously booming suburbs north of Dallas and Fort Worth, with...

Logo PR Newswire
Business / FinancePress Release2024-07-14 15:00:00 +0300
Totals 14 Properties with 4,455 Units DALLAS, July 14, 2024 /PRNewswire/ -- S2 Capital, LLC ("S2") today announced it has acquired a 14-property portfolio...

Logo Benzinga
Business / FinanceBy Pr Newswire2024-07-13 10:00:00 +0300
Astro Pak opened a new state of the art 13,392 square foot facility in Dallas/Fort Worth, Texas, offering rapid mobilization to on-site jobs in the Gulf...

Logo Benzinga
Business / FinanceBy Pr Newswire2024-07-18 19:52:00 +0300
DALLAS, July 18, 2024 /PRNewswire/ -- Megatel Homes LLC, one of the largest homebuilders in the state of Texas, today announced that the company has closed...

Logo Benzinga
Business / FinanceBy Business Wire2024-07-11 16:20:00 +0300
The new partnership represents a continuum of Novum's strategy to build a network of like-minded, entrepreneurial orthopedic practices and surgery centers in...

Logo Bloomberg
Business / FinanceBy Patrick Clark2024-07-11 16:00:08 +0300
The US housing market saw a rise in the percentage of deals cancelled in June as rising mortgage rates made homes more expensive, pushing some buyers to walk...

Logo GlobeNewswire
EconomyPress Release2024-06-27 17:00:00 +0300
Infographic May 2022 Pending Home Sales Washington, D.C., June 27, 2024 (GLOBE NEWSWIRE) -- Key Highlights Pending home sales broke a six-month skid with a...

Logo InvestorPlace
MarketsBy Shrey Dua2024-06-24 20:06:55 +0300
Travelers across the country are currently reeling from recent flight cancellations. This begs the question: Why are so many flights getting cancelled...

Logo Benzinga
Business / FinanceBy Pr Newswire2024-07-20 21:35:00 +0300
Multifamily real estate firm adds to Storia portfolio their build-to-rent (BTR) division with The Palo, a community of 120 townhomes and Ellianna, 325...

Logo The Business Journals
Business / Finance2024-07-05 22:32:55 +0300
Husco International announced that an undisclosed customer canceled Huscos largest contract ever worth $113 million per year, but the Waukesha-based...

Logo Benzinga
Business / FinanceBy Globe Newswire2024-07-20 17:00:00 +0300
DALLAS, July 20, 2024 (GLOBE NEWSWIRE) -- Texas homes builders are being whiplashed again as a new homes inventory surge caused a record rate of increase in...

Logo Benzinga
Business / FinanceBy Globe Newswire2024-06-27 17:00:00 +0300
Washington, D.C., June 27, 2024 (GLOBE NEWSWIRE) -- Key Highlights Pending home sales broke a six-month skid with a slight rise of 0.7% from April. Pending...

Logo Benzinga
Business / FinanceBy Pr Newswire2024-07-12 14:45:00 +0300
COLUMBUS, Ohio, July 12, 2024 /PRNewswire/ -- M/I Homes, Inc. MHO announces the following Webcast: If you are unable to participate during the live webcast,...

Logo RTTNews
EconomyBy Rtt News Staff Writer2024-06-27 17:47:09 +0300
After reporting steep drops in U.S. pending home sales over the past several months, the National Association of Realtors released a report on Monday showing...

Logo RTTNews
MarketsBy Rtt News Staff Writer2024-06-27 17:47:09 +0300
After reporting steep drops in U.S. pending home sales over the past several months, the National Association of Realtors released a report on Monday showing...

Logo InvestorPlace
MarketsBy Josh Enomoto2024-07-13 22:48:54 +0300
Prior to Covid-19, few analysts would have dared to issue housing market predictions that called for double-digit annual increases. However, the unique...

Logo EIN Presswire
Business / FinancePress Release2024-06-27 16:00:00 +0300
Forterra Pest Control is now launching its Dallas Bites Back program DALLAS, TX, USA, June 27, 2024 / EINPresswire.com / -- The Dallas area pest control...

Logo PR Newswire
Business / FinancePress Release2024-07-06 20:08:00 +0300
Partners with Cenergistic to help meet energy conservation goals DALLAS, July 6, 2024 /PRNewswire/ -- As energy costs skyrocket and temperatures rise, no one...

Logo PR Newswire
Business / FinancePress Release2024-06-23 15:05:00 +0300
DALLAS, June 23, 2024 /PRNewswire/ -- Fort Lauderdale -based Air Pros USA announced the acquisition of Dallas Plumbing Company, a leading family owned and...