A never-before-listed oceanfront estate in Florida was the most expensive home sale in February while New York City properties accounted for five of the top 10 most expensive sales of the month, according to a new report from Redfin. The four most expensive homes sold...
Two Harbors Investment Corp. (NYSE: TWO), a New York City-based mortgage servicing rights-focused real estate investment trust, announced that an unsolicited proposal to acquire all of the outstanding shares of common stock constituted a “Company Superior Proposal” as...
Housing inventory across New York State dropped to 22,366 homes on the market in February, a 3.9% decline from the 23,266 homes available one year earlier. According to the New York State Association of Realtors (NYSAR), this is the lowest inventory level since the...
The Indianapolis-headquartered Simon Property Group Inc. (NYSE: SPG) announced the passing of 64-year-old David Simon, the company’s chairman of the board, CEO and president, on March 22 following a bout with cancer. The company’s board of directors appointed...
Eleven defendants have been arrested for running a real estate crime ring that stole the identities of elderly homeowners for title deed theft and loan fraud. According to the indictment, between January 2021 to May 2023 the fraudsters obtained the personal...
February closed sales totaled 12,618 across the Mid-Atlantic region covered by the Bright MLS service area, down 1.1% year-over-year, while new pending sales were down 0.5% from one year earlier. New listings for the region totaled 15,833, down 11.1% year-over-year,...
Federal Homelessness Fraud Cases Allege Millions Diverted to Real Estate, N…
