Current News & Events
Florida Legislature Session Ends Without Property Tax Relief Proposal
Gov. Ron DeSantis has yet to call for a special session. Continue Reading Florida Legislature Session Ends Without Property Tax Relief Proposal
Beachwold Residential Acquires Connecticut Multifamily Complex for $78 Million
The complex was roughly 85% occupied at the time of the sale. Continue Reading Beachwold Residential Acquires Connecticut Multifamily Complex for $78 Million
Single-Family Housing Starts and Permits Down in June
Privately-owned housing were at a seasonally adjusted annual rate of 1.321 million, which is 4.6% above the revised May estimate of 1.26 million. Continue Reading Single-Family Housing Starts and Permits Down in June
Florida Congresswoman Asks DOJ to Investigate Fed’s Powell for Perjury
Rep. Luna, a two-term representative, offered no evidence that backed her perjury accusation. Continue Reading Florida Congresswoman Asks DOJ to Investigate Fed’s Powell for Perjury
Toronto Lawyer Charged with Multiple Fraud Counts Involving Real Estate Transactions
Singa Bui was charged with 24 counts of fraud over $5,000, 17 counts of criminal breach of trust and one count of possession of proceeds of crime over $5,000. Continue Reading Toronto Lawyer Charged with Multiple Fraud Counts Involving Real Estate Transactions
14-Unit California Property Listed at $12 Million Can Be Purchased with Bitcoin or USDC
The crypto transaction will be facilitated by Guaranty Escrow. Continue Reading 14-Unit California Property Listed at $12 Million Can Be Purchased with Bitcoin or USDC
California Home Sales Up, Reversing 3-Month Slump
California’s median home price fell for the second straight month in June to $899,560. Continue Reading California Home Sales Up, Reversing 3-Month Slump
Mortgage Rates on the Rise Again
The 30-year fixed-rate mortgage averaged 6.75% as of July 17. Continue Reading Mortgage Rates on the Rise Again
Ex-Bishop of AME Zion Church Pleads Guilty to Defrauding California Congregations
Staccato Powell pleaded guilty to wire fraud, mail fraud, conspiracy to commit wire fraud and mail fraud as part of a scheme to gain control of church properties via forged documents and false statements. Continue Reading Ex-Bishop of AME Zion Church Pleads Guilty to Defrauding California Congregations
White House Demands Access to Fed HQ Renovation Site
The president has sent mixed signals on whether he wants to dismiss the central bank chief. Continue Reading White House Demands Access to Fed HQ Renovation Site
Mortgage Applications on New Home Purchases Up 8.5% from Last Year
The average loan size for new homes decreased from $379,209 in May to $376,077 in June. Continue Reading Mortgage Applications on New Home Purchases Up 8.5% from Last Year
San Diego’s Coastline Real Estate Group Joins Real Brokerage
The 13-agent Coastline Real Estate Group team has sold more than $200 million in home sales since 2021. Continue Reading San Diego’s Coastline Real Estate Group Joins Real Brokerage
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