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Foreclosure Activity Up During Q1

Foreclosure Activity Up During Q1

by Phil Hall | Apr 10, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 93,953 residential properties carried foreclosure filings during the first quarter of this year, according to new data from ATTOM. This is up by 11% from the previous quarter but down 2% from one year ago. Nationwide one in every 1,515 housing units had a...
Chicago Real Estate Broker Sentenced for $3 Million Investor Fraud

Chicago Real Estate Broker Sentenced for $3 Million Investor Fraud

by Phil Hall | Apr 10, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Chicago real estate broker was sentenced to four years and two months in federal prison for defrauding four investors out of more than $3 million. Stanislav Sannikov, also known as Steve Sannikov, owned and operated Chestnut Realty Group. According to the charges...
St. Louis Man Pleads Guilty to Mortgage Fraud Scams

St. Louis Man Pleads Guilty to Mortgage Fraud Scams

by Phil Hall | Apr 10, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A St. Louis man pleaded guilty to one felony count of bank fraud in a case where he admitted to fraudulently obtaining home mortgages totaling more than $1.2 million. Edward James Mitchell Jr. participated in four fraudulent home mortgages from October 2021 through...
Washington State Lawmakers Consider Bill to Raise Property Tax Cap

Washington State Lawmakers Consider Bill to Raise Property Tax Cap

by Phil Hall | Apr 10, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new bill in the Washington state legislature could raise the cap on property taxes from 1% to 3%. KOMONews.com reports House Bill 2049 is backed by the Association of Washington Cities (AWC), the nonpartisan nonprofit that represents localities before the state...
Florida Realtors Oppose Bill to Eliminate State’s Real Estate Commission

Florida Realtors Oppose Bill to Eliminate State’s Real Estate Commission

by Phil Hall | Apr 10, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Florida Realtors has come out against a bill in the state legislature that would abolish the Florida Real Estate Commission (FREC). House Bill 1461 eliminate nearly all the state boards and commissions tasked with regulating professions under the Florida Department of...
Robert M. Sawyer, Prominent Developer and Real Estate Educator, Passes Away at 87

Robert M. Sawyer, Prominent Developer and Real Estate Educator, Passes Away at 87

by Phil Hall | Apr 10, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Robert M. Sawyer, a prominent real estate developer and educator, passed away on April 4 at his home on Martha’s Vineyard at the age of 87. Born in Brookline, Massachusetts, in 1937, he graduated from Wharton School of the University of Pennsylvania and relocated to...
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