American households need to earn $114,000 annually to afford a median-priced home, according to new data report from Realtor.com. Since pre-pandemic 2019, the income required to afford the median-priced home has jumped 70.1% from $67,000. Five of the 10 markets with...
Maria Del Carmen Montes, a real estate broker in Kissimmee, Florida, was sentenced to 33 months in federal prison for bank fraud. According to court documents, Montes, working with her husband Carlos Ferrer and others, created and executed a mortgage fraud scheme...
The retailer Kohl’s Corporation (NYSE: KSS) announced that its board of directors terminated the employment of Ashley Buchanan as CEO. In a statement, Kohl’s declared that Buchanan “violated company policies by directing the company to engage in vendor transactions...
Residents in New York City’s rent-stabilized apartments will soon be paying more to cover their housing costs. Nearly one million New Yorkers live in rent-stabilized apartments. The typical monthly cost of a rent-stabilized apartment in the city is roughly $1,500,...
Texas resident Mayela Saby Cantu has been sentenced to 24 months in federal prison to be immediately followed by three years of supervised release for coordinating a scheme that involved falsified lien payoff statements, fraudulent warranty deeds and deceptive emails...
Berkshire Hathaway HomeServices California Properties announced the promotion of Brent Consedine to president. Consedine joined the company in 2004 as a residential sales associate and had been vice president of business initiatives since 2018 before being elevated to...
