A New York City couple that managed to remove squatters from their $930,000 home are now being sued by the trespassers. According to the New York Post, Denis Kuryland and Juliya Fulman spent $530,000 renovating their Queens investment property and secured tenants for...
Real estate investor and “Shark Tank” star Barbara Corcoran has warned that that lower interest rates will results in home prices going “through the roof.” In an interview with Yahoo Finance, Corcoran opined that lower rates would bring more buyers into a housing...
The Mortgage Bankers Association (MBA) has announced its opposition to a Biden administration plan to impose a 10% cap on annual rent hikes on properties that rely on the Low-Income Housing Tax Credit (LIHTC). In a press statement, MBA President and CEO Bob Broeksmit...
The story behind the Sitzer/Burnett case, squatters getting the boot in Florida and an iconic hotel’s demise. From the wild and wooly world of real estate, here are the Hits and Misses for the week of March 25-29. Miss: Placing Blame Elsewhere. Rhonda Burnett, a...
A slew of new listings in Virginia helped to boost the state’s home sales in February, according to new data from Virginia Realtors. Last month saw 1,400 more new listings compared to one year earlier, a 16.7% upswing. This resulted in 16,004 homes on the market, a...
The Biden administration is planning to change the cap on how much rents can go up in some federally subsidized affordable housing complexes. The Washington Post, citing unnamed “senior administration officials,” reported the yearly rent increases in properties that...
Hits and Misses for the Real Estate Week of June 22-26
