Current News & Events
Vietnam Bank to Auction Assets of Convicted Real Estate Mogul Behind Nation’s Largest Fraud Case
Truong My Lan’s sentence was changed to life imprisonment when Vietnam abolished the death penalty for certain economic crimes. Continue Reading Vietnam Bank to Auction Assets of Convicted Real Estate Mogul Behind Nation’s Largest Fraud Case
Florida Home Sales Up While Prices Decline
The statewide level of single-family existing homes was at a 4.8-months’ supply while existing condo-townhouse properties were at a 9.3-months’ supply last month. Continue Reading Florida Home Sales Up While Prices Decline
Rocket Companies Acquires Redfin for $1.75 Billion
“Rocket and Redfin have a unified vision of a better way to buy and sell homes,” said Varun Krishna, CEO of Rocket Companies. Continue Reading Rocket Companies Acquires Redfin for $1.75 Billion
Nigerian National Extradited for Multi-Million Dollar Florida Mortgage Fraud Scheme
Okechukwu Josiah Odunna, was arrested by Nigerian authorities last September. Continue Reading Nigerian National Extradited for Multi-Million Dollar Florida Mortgage Fraud Scheme
HUD Delays Biden’s Energy Codes Implementation for 6 Months
NAHB Chairman Buddy Hughes called this “an important step forward to help ease the nation’s housing affordability crisis.” Continue Reading HUD Delays Biden’s Energy Codes Implementation for 6 Months
CVS to Open 12 Mini-Stores Focused on Pharmacy Services
CVS is planning to close 270 locations this year after 800 net closures during the past three years. Continue Reading CVS to Open 12 Mini-Stores Focused on Pharmacy Services
SBA to Relocate Regional Offices Out of 6 Sanctuary Cities
The regional offices in Atlanta, Boston, Chicago, Denver, New York City, and Seattle will be moved in the coming months. Continue Reading SBA to Relocate Regional Offices Out of 6 Sanctuary Cities
Elon Musk’s xAI Buys 1 Million SF Facility in Memphis
xAI’s specific plans for the facility were not disclosed in the news announcement. Continue Reading Elon Musk’s xAI Buys 1 Million SF Facility in Memphis
Maui Mayor: ‘Housing Remains One of the Most Pressing Challenges’
“The County is on track to contribute to nearly 620 completed units last year,” said Mayor Richard Bissen. Continue Reading Maui Mayor: ‘Housing Remains One of the Most Pressing Challenges’
Ex-Central Banker Mark Carney Succeeds Justin Trudeau as Canada’s Prime Minister
Under Canadian law, federal elections must be held by October. Continue Reading Ex-Central Banker Mark Carney Succeeds Justin Trudeau as Canada’s Prime Minister
Hits and Misses for the Real Estate Week of March 3-7
A real estate agent gets slammed for insulting a waiter, another agent seeks to oust Los Angeles’ mayor, and a huge hole that needs to be filled. Continue Reading Hits and Misses for the Real Estate Week of March 3-7
DOGE Uncovers Tens of Thousands of Unused Paid Software Licenses at HUD
HUD paid for 11,020 Acrobat licenses with zero users. Continue Reading DOGE Uncovers Tens of Thousands of Unused Paid Software Licenses at HUD
Recent Posts
Hits and Misses for the Real Estate Week of June 15-19- New Jersey Real Estate Developer Charged with Bribing City Workers and Sell…
- CAPREIT Hires Harlan B. Krichman as President of Property Management
- MBA Opens Doors Foundation Reports Helping More Than 20,000 Families in 15 …
- FHFA’s Pulte Begins New Intelligence Chief Job One Day Early
