A New York City man was indicted for stealing approximately $25,000 from three prospective renters by pretending to be a real estate broker and showing them apartment that he was not authorized to sell. According to the charges brought against him, Juan Valloy ran a...
New Orleans’ historic office property K&B Plaza has been listed for sale for the first time in more than half a century, with an asking price of $11.4 million. According to a report in New Orleans City Business, the seven-story, 69,569-square-foot complex in the...
Florida Gov. Ron DeSantis has raised the idea of calling a special legislative session that would focus on cutting property taxes. WLRN.org reports that legislators are currently weighing ideas on relieving the state’s property tax burden, which would be voted on...
The Federal Housing Finance Agency (FHFA) has withdrawn three proposed rules put forth during the Biden administration relating to the government-sponsored enterprises and the Federal Home Loan Banks (FHLBanks). The withdrawals involve a 2021 proposed rule that would...
One of every six (16.7%) home sellers dropped their asking price in August, up from 15.9% one year earlier. According to data from Redfin, this marked the highest share for August in records dating back to 2012. The typical home that sold in August went for 3.8% less...
A total of 5,592 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in September, an 8.5% year-over-year increase. This occurred with a 4% year-over-year uptick of new listings into the MLS System, resulting in a total of...