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Utah Company in $15M Settlement Over Real Estate Investor Training Scheme

Utah Company in $15M Settlement Over Real Estate Investor Training Scheme

by Phil Hall | May 23, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Federal Trade Commission (FTC) and the Utah Division of Consumer Protection (DCP) announced a settlement with the principals of a Utah-based real estate investment training company that involves a $15 million penalty and a permanent ban from being involved in...
FHFA’s Thompson: ‘Certain Media Reports Have Distorted Basic Facts’ About Upfront Fees

FHFA’s Thompson: ‘Certain Media Reports Have Distorted Basic Facts’ About Upfront Fees

by Phil Hall | May 23, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Federal Housing Finance Agency (FHFA) Director Sandra L. Thompson pushed back again at claims that her office is seeking to penalize homebuyers with good credit in order to help those with shaky credit achieve homeownership. In written testimony submitted this morning...
Person of the Week: Matt Cawley, President of National Multifamily Corp.

Person of the Week: Matt Cawley, President of National Multifamily Corp.

by Phil Hall | May 23, 2023 | Commercial Real Estate News, News/Current Events, Person of the Week, Real Estate News, WRE News Exclusive

National Multifamily Corp. is one of the newer players in New York City metro area commercial real estate market. Headquartered in Rye Brook, New York, the company recently celebrated its first anniversary in business, promoting itself as “your go-to source for buying...
The Most Affordable City for Homeownership Is…

The Most Affordable City for Homeownership Is…

by Phil Hall | May 23, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Affordability in homeownership has been an elusive concept for the past several years, and a new data analysis by WalletHub has identified the major cities which are the most and least affordable for prospective buyers. In a number crunch of 300 cities using 10...
Fitch Ratings Warns Commercial Real Estate Risks Are Not Limited to Office Properties

Fitch Ratings Warns Commercial Real Estate Risks Are Not Limited to Office Properties

by Phil Hall | May 23, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

While the office property sector has generated a surplus amount of attention from anxious lenders and investors, a new warning from Fitch Ratings insisted the risks from higher interest rate encompasses the wider commercial real estate (CRE) market. “The roughly $3...
China is Top Country with Buyers Searching for Miami Real Estate

China is Top Country with Buyers Searching for Miami Real Estate

by Phil Hall | May 23, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

According to new data from the Miami Association of Realtors, Chinese buyers generated the most global web searches for Miami-based residential properties during April. China accounted for 9.44% of all international searches on MiamiRealtors.com last month, a...
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