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Dallas / Ft. WorthFeaturedFinanceIndustrialIndustry NewsResidential

Brightshore’s Tom Shapiro: Rate Shock Sours Housing as Data Centers Lift Industrial

Brightshore Capital founder Tom Shapiro told CNBC that a September rate hike and 30-year mortgages near 7.5 percent have soured both the for-sale...

Homes falling over
AustinDallas / Ft. WorthFeaturedFinanceHoustonIndustry NewsResidentialSan Antonio

Texas Resale Glut Squeezes Lennar’s New-Home Pricing as Q3 Earnings Miss

Lennar singled out Texas, one of its two largest markets, as a hotbed of rebuilding resale supply that is competing directly on price...

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CommercialFeaturedFinanceIndustry NewsResidential

Wells Fargo Sees Rates Higher for Longer as AI Data Centers Anchor Commercial Construction

Wells Fargo's latest U.S. outlook warns that stubborn inflation and a more hawkish Federal Reserve will keep borrowing costs elevated into 2027, sustaining...

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