Backflip, the Dallas-headquartered real estate fintech, announced its closing of its $15 million Series A funding round. Backflip is designed to enable real estate investors to acquire and renovate single-family homes, with the goal of reselling the properties at a...
A real estate broker in Sarasota, Florida, pleaded guilty to federal charges that he collected nearly $300,000 in disability payments without reporting he was still actively employed. Allen R. Jenkins, 68, received United States Railroad Retirement disability payments...
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.4% annual gain for February, up from a 6.0% rise in the previous month. The 10-City Composite showed an increase of 8.0%, up from a 7.4% increase in the previous month, while the...
Fannie Mae (OTCQB: FNMA) released its annual update to the 2022-2024 Equitable Housing Finance Plan designed to eradicate barriers faced by historically underserved communities. The 2024 Plan outlines 23 specific actions that expand action from the plan’s first two...
Median rent prices inched down by 0.3% year-over-year in March, according to new data from Realtor.com. This marked the eighth consecutive month of declines in year-over-year prices. Nonetheless, the median rent of $1,722 was only $36 less than the peak seen in August...
The private equity firm East Chop Capital announced the $11 million closure of its Fund II, which focuses exclusively on luxury vacation rental homes. According to the company, Fund II drew equity investments from 93 LPs, including Liberty Financial Services....
New Report Details Massive Parcel Vacancy Blight Across St. Louis
