A Michigan-based mortgage lender is cutting more than 500 jobs in North Texas following a slowdown in housing activity and demand. Homepoint Financial Corp., one of the nation's largest mortgage...
DFW Apartment Demand Outpaces Supply
With 2022 shaping into a record year for apartment construction in DFW, many construction companies are ramping up production to meet sky-high demand. To date, 56,000 apartments are under...
Heatwave Incoming as Texas Power Grid Re-Breaks Demand Record
Temperatures are expected to hit 100 degrees and above for multiple days across much of the state starting Thursday, signaling a relentless summer that will continue to put stress on the state's...
Chanel Imposing Purchase Limits Due to Demand
Chanel, a leading luxury brand, is increasing the exclusivity of its items due to skyrocketing demand. The label's chief financial officer, Philippe Blondiaux, explained to Reuters that the company...
