A New Jersey real estate investor who gained a social media following for his house flipping advice was indicted by a federal jury for creating a multimillion-dollar Ponzi-like investment fraud scheme. According to documents filed in this case and statements made in...
The government of Saudi Arabia has enacted a new law permitting non-Saudis to own property in certain markets across the kingdom. The new law, which goes into effect in January 2026. According to a report in Construction Business News, non-Saudis will be able to...
Tim Leiweke has stepped down as CEO of Oak View Group, a Denver-headquartered professional sports and commercial real estate company, following a federal indictment that accused him of rigging a bid to build and manage the Moody Center Arena at the University of Texas...
The Department of Housing and Urban Development (HUD), in partnership with the Office of Management and Budget, announced the Biden-era Property Appraisal and Valuation Equity (PAVE) task force that was created to eliminate bias in home appraisals. In a statement...
The Trump administration has ratcheted up its attacks on Federal Reserve Chairman Jerome Powell, with Office of Management and Budget Director Russ Vought taking the lead with accusations that Powell is trying to create a “palace” with the ongoing renovations at the...
The homebuilder Del Webb, a PulteGroup Inc. (NYSE: PHM) brand, has broken ground on a new 55+ community in the Austin suburb of Bastrop, Texas. Del Webb Lost Pines will be located within The Colony, a master-planned community. The first phase of construction will...
Hits and Misses for the Real Estate Week of March 23-27
