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SEC Brings Fraud Charges Against Unicoin Over False Real Estate Claims

SEC Brings Fraud Charges Against Unicoin Over False Real Estate Claims

by Phil Hall | May 21, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Securities and Exchange Commission (SEC) has charged New York City-based Unicoin Inc., a cryptocurrency company, with making false and misleading statements in an offering of certificates that purportedly conveyed rights to receive crypto assets called Unicoin...
Mortgage Application Activity Slows Down

Mortgage Application Activity Slows Down

by Phil Hall | May 21, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity declined for the week ending May 16, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.1% on a seasonally adjusted basis from one...
Pacaso Reserves Nasdaq Ticker

Pacaso Reserves Nasdaq Ticker

by Phil Hall | May 21, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Pacaso, the San Francisco-headquartered marketplace for co-owned luxury vacation homes, announced it has reserved the ticker symbol “PCSO” on the Nasdaq Stock Market. According to the company, reserving the ticker symbol does not guarantee a future listing...
Real Estate Broker Announces Bid to Become Maine Governor

Real Estate Broker Announces Bid to Become Maine Governor

by Phil Hall | May 21, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The 2026 race for governor of Maine has a new candidate in David Jones, broker-owner of the Augusta-based F.O. Bailey Real Estate. Spectrum News reports this is the second time that the 69-year-old Jones sought elected office – he ran for governor in 2006 as an...
New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate

New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate

by Phil Hall | May 21, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A pair of new real estate-focused book have been released, one highlighting Section 1031 Exchanges and the other offering strategies for selling commercial properties. Louis J. Rogers, founder and co-CEO of Capital Square, has authored the new “Section 1031 Exchanges:...
Zillow Announces Timeline for New Listing Standards

Zillow Announces Timeline for New Listing Standards

by Phil Hall | May 20, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow Group (NASDAQ: Z, ZG) has provided a timeline for the implementation of its new listing access standards. Last month, Zillow announced it was enacting the National Association of Realtors’ (NAR) Clear Cooperation Policy with “new standards for listing...
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