Current News & Events
Ex-CPA Sentenced for Role in Lender Fraud Scheme
Christine Gendron was also ordered to pay $392,607 in restitution. Continue Reading Ex-CPA Sentenced for Role in Lender Fraud Scheme
895-Unit Texas Multifamily Portfolio is Sold
The portfolio comprises of the 573-unit Resia Ten Oaks community in Houston and the 322-unit Resia Rayzor Ranch community in Denton. Continue Reading 895-Unit Texas Multifamily Portfolio is Sold
Trump Nominates Brian Johnson to Be CFPB Director
Johnson served as deputy director of the CFPB from 2018 to 2020 during the first Trump term. Continue Reading Trump Nominates Brian Johnson to Be CFPB Director
Median Sold Price in Mid-Atlantic Region Hits Record High
“While inventory is increasing, there are some markets where supply is still not keeping pace with demand,” said Bright MLS Chief Economist Lisa Sturtevant. Continue Reading Median Sold Price in Mid-Atlantic Region Hits Record High
Feds Sell Trump’s Former DC Hotel for $80 Million
The property was originally the Post Office Building, which opened in 1899. Continue Reading Feds Sell Trump’s Former DC Hotel for $80 Million
Alec Baldwin Tries Another Price Cut to Sell His Hamptons Estate
The five-bedroom, 5.5-bathroom residence in Amagansett, New York was first listed for $29 million in 2022. Continue Reading Alec Baldwin Tries Another Price Cut to Sell His Hamptons Estate
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
