The threat of the COVID-19 pandemic still hanging around has forced many businesses to reconsider their policies regarding work-from-home scenarios. However, First United Bank has other plans, as the company gave the green light to break ground on the construction of a new Plano, Texas office building, in partnership with the Haggard family.
The development will be 120,000-square-feet and constructed on part of the Haggard family's farm, according to The Dallas Morning News. The building will serve as the headquarters for First United Mortgage, with the other half being made available to other businesses.
First United does most of its business in Oklahoma and Texas. According to the report, the company originates $2.8 billion annually in home mortgages.
Redfin says sellers are cutting their asking prices in the two southern states.
Two states in particular are experiencing a ballooning supply of homes for sale this spring, paired with modest price cuts to entice buyers.
A new report from Redfin indicates that housing supply is surging in Florida and Texas, and sellers are cutting their asking prices...
National Association of Realtors reports gains in Northeast, South and West, with a slight drop in the Midwest
Homes under contract are rising at a cautiously hopeful pace this spring.
The National Association of Realtors’ Pending home Sales Index climbed 3.4% in March, increasing to 78.2. Year-over-year, pending transactions were up 0.1%.
“March's Pending Home Sales Index – at...