In a recent article on WRE News titled “Renter Population is Growing 3X Faster Than Homeowner Population,” I was drawn in by the alarming data. The number of US renter households in the second quarter grew by 1.9% year-over-year, according to a new data...
Politicians offering bizarre comments about housing, a major company shifting its headquarters out of California and a radioactive contaminated school for sale. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 29-Aug. 2....
The typical home seller pays an average of 2.55% commission to the real estate agent hired by their home’s buyer, according to an analysis of MLS data by Redfin (NASDAQ:RDFN). That’s down from an average of 2.62% in January, two months before the National Association...
Three real estate investors pleaded guilty for their roles in a multi-year conspiracy to fraudulently obtain a $74 million loan and a $45 million loan and to fraudulently acquire multifamily properties. Fredrick Schulman, 72, of New York, and Chaim “Eli” Puretz, 29,...
Massachusetts Gov. Maura Healey has called on the financially ailing Steward Health Care to follow the state’s Department of Public Health regulation that requires hospital owners to provide 120 days’ notice before closing a medical facility. The Associated...
Chevron Corporation (NYSE:CVX) announced the relocation of its corporate headquarters from California to Texas. The company, which traces its California roots back to the 1870s is taking its leadership offices from San Ramon to Houston before the end of the year....
