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Real Estate Developer Convicted with Menendez Pleads Guilty to Bank Fraud Charge

Real Estate Developer Convicted with Menendez Pleads Guilty to Bank Fraud Charge

by Phil Hall | Sep 6, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A real estate developer who was convicted with former Sen. Bob Menendez (D-NJ) this summer has pleaded guilty to a separate charge of bank fraud. ABC News reported Fred Daibes was charged with making false statements concerning a 2008 loan when he was chairman and CEO...
Newsom Vetoes Bill to Provide Homebuying Assistance to Illegal Immigrants

Newsom Vetoes Bill to Provide Homebuying Assistance to Illegal Immigrants

by Phil Hall | Sep 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Gov. Gavin Newsom has vetoed a bill that would have provided illegal immigrants with access to a state-run homebuyers’ assistance program. In a statement to the California Assembly, the governor declared, “I am returning Assembly Bill 1840 without my...
Montreal Home Sales Up 9% in August

Montreal Home Sales Up 9% in August

by Phil Hall | Sep 6, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales were on the rise in the Montreal market during August, according to data from the Quebec Professional Association of Real Estate Brokers (QPAREB). There were nearly 3,000 residential sales last month in Montreal Census Metropolitan Area (CMA), up by 9% or...
Toll Brothers Unveils New Community in Florida

Toll Brothers Unveils New Community in Florida

by Phil Hall | Sep 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuilder Toll Brothers Inc. (NYSE:TOL) announced its newest community, Toll Brothers at Marsh Harbor, is coming soon to Ponte Vedra area of St. Johns County in North Florida. Toll Brothers at Marsh Harbor will feature luxury homes ranging up to approximately 4,690...
Ken Bjurstrom Named Chief Risk Officer at Euclid Mortgage

Ken Bjurstrom Named Chief Risk Officer at Euclid Mortgage

by Phil Hall | Sep 6, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Itasca, Illinois-based Euclid Mortgage has recruited Ken Bjurstrom as chief risk officer. Bjurstrom previously served as principal of the Milliman Mortgage Credit Risk Practice which he founded more than 25 years ago. His expertise spans a wide range of critical...
Where Have the Property Rights Gone?: John G. Stevens’ Perspective

Where Have the Property Rights Gone?: John G. Stevens’ Perspective

by John G. Stevens | Sep 6, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

In recent years, it has become increasingly apparent that property rights in the United States are facing unprecedented restrictions and challenges. Whether it’s building a shed, raising chickens, or simply making improvements to one’s home, homeowners are...
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