TRI POINTE HOMES ACQUIRES LOTS TO BUILD 154 HOMES IN TWO DENVER METRO LOCATIONS

DENVER, Colo. (November 28, 2018) – TRI Pointe Homes has announced the acquisition of 154 lots to build new homes in two for-sale communities in Douglas County, a highly desirable location in the Denver Market. The land transactions fit TRI Pointe Homes’ strategy of building quality innovative homes in locations with convenient access to major transportation and employment corridors.   “The Denver market ranks in the top 10 nationally for growth and stability,”(1) said Darren DuPree, Division President of TRI Pointe Homes Colorado. “These lot acquisitions illustrate the TRI Pointe…

Read More

12/5: MetroIntelligence Economic Update by P. DUFFY

Fed’s Beige Book:  Modest growth from mid-October thru end of November Most of the twelve Federal Reserve Districts reported that their economies expanded at a modest or moderate pace from mid-October through late November. New home construction and existing home sales tended to decline or hold steady, while construction and leasing of nonresidential structures tended to rise or remain flat. READ MORE   Mortgage applications rise 5.5 percent as rates slip four basis points The Market Composite Index increased 5.5 percent on a seasonally adjusted basis from one week earlier,…

Read More

Another developer buys land in Wynwood

Real estate investment in Wynwood continues to accelerate, with yet another major firm plunking down big money for land in the neighborhood. Read More Source Miami Herald https://www.miamiherald.com/news/business/real-estate-news/article222359090.html

Read More