A coalition of 16 Democratic state attorneys general have filed a lawsuit against the Department of Housing and Urban Development (HUD), claiming the agency used threats to withhold funding from state and local fair housing enforcement agencies. In their lawsuit, the...
The Vietnamese bank at the center of that nation’s largest fraud case is preparing to auction a portfolio of assets belonging to convicted real estate tycoon Truong My Lan. The Japan Times is reporting Saigon Commercial Bank is planning to hire an auction firm to...
A total of 18,379 closed sales of single-family homes was recorded in Florida during February, up 3.9% year-over-year, while existing condo-townhouse sales totaled 7,060, up 8.6% year-over-year. According to data from Florida Realtors, new pending sales increased...
Builder confidence in the market for newly built single-family homes inched up by one point to 38 in March, following a revised upward one-point revision in February, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)....
The Northern California estate that was once the home of Oscar-winning singer and actor Bing Crosby has been listed for sale at $28.9 million, nine months after it sold for $25 million. When the property sold last June, it was marked down from its original asking...
Housing starts for all areas in Canada increased 4.5% in February (250,900 units) compared to January (240,148 units), according to new data from the Canada Mortgage and Housing Corporation (CMHC). Actual housing starts were up 10% year-over-year in centers with a...
Hits and Misses for the Real Estate Week of April 6-10
