Real estate investors accounted for 10.8% of home sellers in 2024, a record high level, according to a new data report from Realtor.com. Last year, 13.0% of homes were bought by investors, a slight increase from 2023 but below the 2022 peak of 13.3%. On the sell side,...
After three weeks of declining activity, a new boost of mortgage applications occurred during the week ending Jun 6, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
A Colorado house flipper was indicted by a grand jury on 11 counts of securities fraud. According to the charges brought against him, Mack Jamie Sprouse solicited approximately $4.8 million from at least 80 investors in his house-flipping business, Urban Veneer...
A North Carolina foundation created to assist realtors in need has removed “realtors” from its name. The Wilmington Business Journal reports the Wilmington Realtors Foundation is now called the Housing Foundation of Southeastern North Carolina. 501(c)(3)...
The new wave of data centers being proposed for Texas could generate a massive upswing in air pollution, according to a new report from the Environmental Integrity Project (EIP). TheHill.com reports that more than 100 new gas power data center projects are currently...
The Canadian brokerage RARE Real Estate has expanded into the US with the launch of operations in South Florida. The company has generated over $4.5 billion in sales in just under four years, and it became a household name through the Amazon Prime series “Luxe...
Airbnb Puts $250 Million Behind Stalled Housing Projects — Starting With 20…
