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Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme

Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A Connecticut real estate agent was sentenced in federal court in Boston for his role a multi-year scheme to defraud his clients by engaging in fraudulent short sales of government and bank-owned properties to straw buyers acting at the direction of the defendant....
HUD Announces New Disaster Assistance Initiatives

HUD Announces New Disaster Assistance Initiatives

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Housing and Urban Development’s (HUD) has announced two initiatives to help households impacted by disasters. HUD has extended the foreclosure moratoriums for Federal Housing Administration (FHA)-insured Single Family Title II forward and Home...
MaxHome Raises $2 Million in Pre-Seed Funding Round

MaxHome Raises $2 Million in Pre-Seed Funding Round

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

MaxHome, an artificial intelligence (AI)-native platform for real estate agents and brokerages, has secured $2 million in a pre-seed funding round led by BBG Ventures, with participation from Power of N and Fortitude Ventures. According to the company, the funding...
Feds to Shed 8 Government Buildings

Feds to Shed 8 Government Buildings

by Phil Hall | Dec 6, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Ahead of the new Elon Musk-Vivek Ramaswamy initiative to cut federal waste through the Department of Government Efficiency (DOGE), the US General Services Administration (GSA) announced eight federal properties will be jettisoned from its portfolio. The GSA plan said...
Dollar General Plans 575 New US Stores in 2025

Dollar General Plans 575 New US Stores in 2025

by Phil Hall | Dec 6, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The discount retailer Dollar General Corporation (NYSE: DG) announced a proactive real estate agenda involving new and renovated stores. The Goodlettsville, Tennessee-headquartered company is planning to open 575 new stores across the US and 15 in Mexico in 2025. Also...
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