Current News & Events
Median Asking Monthly Rent Posts 35th Straight Month of Annual Declines
Realtor.com attributed this decline to multifamily construction outpacing demand. Continue Reading Median Asking Monthly Rent Posts 35th Straight Month of Annual Declines
Greystar Accused of Widespread Fair Housing Discrimination
Housing Rights Initiative (HRI), a national housing watchdog group, has filed complaints in six states and the District of Columbia. Continue Reading Greystar Accused of Widespread Fair Housing Discrimination
Ex-Chicago Housing Authority Director Indicted in Kickback Scheme
The indictment charges Ryan Ross and Vanessa Rhodes with eight counts of honest services fraud, each of which is punishable by up to 20 years in federal prison. Continue Reading Ex-Chicago Housing Authority Director Indicted in Kickback Scheme
Maine Home Sales and Prices Hold Steady
A total of 1,206 single-family existing homes were sold in Maine last month, with a median sold price of $425,000. Continue Reading Maine Home Sales and Prices Hold Steady
CoStar Group Targets Zillow with Amicus Brief in MRED Case
“Zillow wants a court order forcing MLSs to hand over their listings while Zillow hoards its own exclusive pre-market inventory,” said Gene Boxer, CoStar Group’s general counsel. Continue Reading CoStar Group Targets Zillow with Amicus Brief in MRED Case
eXp Realty Promotes Wendy Forsythe to Chief Operating Officer
Forsythe succeeds Patrick O’Neill, who is departing the company. Continue Reading eXp Realty Promotes Wendy Forsythe to Chief Operating Officer
Gwyneth Paltrow Stars in Advertising Campaign for Israeli Real Estate Development
The new advertising campaign is being shown on Israeli media, with Paltrow’s English-language narration translated via Hebrew-language subtitles. Continue Reading Gwyneth Paltrow Stars in Advertising Campaign for Israeli Real Estate Development
Buyers Paying More in Mortgage Interest Than Their Home Costs
Choosing a 15-year mortgage at today’s 5.87% rate would save $250,378 over a 30-year loan. Continue Reading Buyers Paying More in Mortgage Interest Than Their Home Costs
Kiavi is Acquired in $717 Million Transaction
Following the deal close, Kiavi CEO Arving Mohan will join Figure’s executive team as chief business officer. Continue Reading Kiavi is Acquired in $717 Million Transaction
Mortgage Application Activity Up by Nearly 11%
The FHA share of total applications increased to 17.4% from 17.0% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 11%
Ohio Duo Pleads Guilty to Deed Theft on Home Owned by Dementia Patient
“The theft of real estate is a very real problem, and this is yet another case of criminals who got caught,” said Montgomery County Prosecutor Mat Heck Jr. Continue Reading Ohio Duo Pleads Guilty to Deed Theft on Home Owned by Dementia Patient
Trump Announces FHFA’s Pulte to Take on National Intelligence Role on June 19
Pulte was first scheduled to take on his new duties on June 30. Continue Reading Trump Announces FHFA’s Pulte to Take on National Intelligence Role on June 19
