Just over 28% of homes are now selling above the asking price, according to a data report from Redfin (NASDAQ: RDFN). This is down from 32% one year earlier and the lowest level for this time of year since 2020 when the pandemic paralyzed the housing market. The share...
A California commercial real estate broker has pleaded guilty to a years-long pattern of obstructing the IRS from collecting taxes he owed. Pasadena-based Gabriel David Guerrero failed to timely file federal individual income tax returns for the years 1998, 1999, and...
The Missouri House of Representatives has approved a bill designed to keep Kansas City’s two major sports teams, MLB’s Royals and NFL’s Chiefs, in the state. Fox4KC.com reports the House passed Senate Bill 3, with enables the state to issue bonds valued at up to half...
La Rosa Holdings Corp. (NASDAQ: LRHC), a Celebration, Florida-based real estate and proptech company, has signed a non-binding Letter of Intent (LOI) with MiiX Financial Holdings Trust that will provide MiiX’s residential financing solutions for all credit levels...
The National Hispanic Construction Alliance (NHCA), a trade association powered by the National Association of Hispanic Real Estate Professionals (NAHREP), has unveiled its inaugural National Board of Directors. The association identified its mission with five...
Belwood Investments, a fractional luxury real estate investing app, announced its acquisition of a residence in Palm Springs, California, with plans to renovate and flip the house within six months. Belwood Investments said it was raising $250,000 from investors to...
Hits and Misses for the Real Estate Week of June 22-26
