The property management software company RealPage Inc. has filed a lawsuit against the City of Berkeley, California, over an ordinance passed on March 25 that prohibits landlords from using pricing technology to determine rental billing. The ordinance was passed amid...
The geothermal heating and cooling company Dandelion Energy announced a partnership with the homebuilder Lennar Corporation (NYSE: LEN, LEN. B) for the installation of Dandelion’s systems in more than 1,500 new Lennar homes to be built in Colorado over the next two...
The typical homeowner’s annual insurance premium recorded an average increase of 24% from 2021 to 2024, according to a new report from the Consumer Federation of America. In comparison, the cumulative inflation increase over the same period was 13%. “From 2021 to 2024...
Four real estate investors were sentenced for coordinating a multi-year conspiracy that fraudulently obtained multimillion-dollar loans on commercial and multifamily properties. Aron Puretz and his son, Chaim “Eli” Puretz, both of New Jersey, were sentenced to prison...
The Boston Division of the Federal Bureau of Investigation (FBI) has issued a warning to both property owners and real estate agents regarding what it dubbed “a steady increase in reports of quit claim deed fraud” across New England. The FBI noted that 58,141 victims...
A slowing of refinance activity drove down the level of mortgage applications for the week ending March 28, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.6%...
