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Former NASA Employee and Husband Charged in Mortgage Fraud Scheme

Former NASA Employee and Husband Charged in Mortgage Fraud Scheme

by Phil Hall | Dec 27, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A former NASA employee and her husband were indicted by a federal court in Texas for coordinating a fraudulent financing and refinancing mortgage loan scheme. According to the charges brought against them, Noreen Khan was still working at NASA when she and her...
Comstock Completes $1.5 Million Acquisition of DC-Area Parcel for Luxury Housing

Comstock Completes $1.5 Million Acquisition of DC-Area Parcel for Luxury Housing

by Phil Hall | Dec 27, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Comstock Holding Companies Inc. (NASDAQ: CHCI), an asset manager, developer and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, has completed is $1.5 million acquisition of an 18,150-square-foot land parcel located at 41 Maryland...
Boise Hunter Homes Acquires 80-Acre Parcel, Breaks Ground on Community Center

Boise Hunter Homes Acquires 80-Acre Parcel, Breaks Ground on Community Center

by Phil Hall | Dec 27, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Boise Hunter Homes, a family-owned and operated luxury homebuilder and developer in Idaho, has acquired an 80-acre fully entitled parcel in Eagle, Idaho from Williams Homes of Santa Clarita, California. The financial terms of the deal were not disclosed and a timeline...
Second Texas Lawsuit Filed Over Broker Commissions

Second Texas Lawsuit Filed Over Broker Commissions

by Phil Hall | Dec 26, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

For the second time in a month, a lawsuit has been filed in Texas claiming the state’s real estate industry is engaged in a “conspiracy” related to broker commissions. The new putative class action lawsuit – Martin, et al., v. Texas Association of Realtors, Inc., et...
Case-Shiller: Home Prices ‘Accelerated’ in October

Case-Shiller: Home Prices ‘Accelerated’ in October

by Phil Hall | Dec 26, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home prices soared in the latest data S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which reported a 4.8% annual change in October, up from a 4% change in the previous month. The 10-City Composite showed an increase of 5.7%, up from a 4.8%...
Tech Trends: Your Partners Should Offer You a Better Process, Too

Tech Trends: Your Partners Should Offer You a Better Process, Too

by Tony Garritano | Dec 26, 2023 | News/Current Events, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

Tech Trends: I talk a lot here each week about what technology you can use to improve your profitability and that’s as it should be. However, you also do business with others in the real estate industry. Why is that important? No company is an island in this space....
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