Current News & Events
30-Year Fixed-Rate Mortgage Surges to 6.22%
A year ago at this time, it averaged 6.67%. Continue Reading 30-Year Fixed-Rate Mortgage Surges to 6.22%
Kentucky Home Sales Up in February Despite Drop in New Listings
The median sales price in February was $272,000, up 8.58% month-over-month and up 6% year-over-year. Continue Reading Kentucky Home Sales Up in February Despite Drop in New Listings
Foreclosure Activity Up During July
Nationwide, one in every 4,414 housing units had a foreclosure filing last month. Continue Reading Foreclosure Activity Up During July
UBS to Close Real Estate Fund Focused on Office Market
The market value of the fund’s assets decreased 12% during the first half of the year. Continue Reading UBS to Close Real Estate Fund Focused on Office Market
SEC Charges Todd Burkhalter and His Firm With $300 Million Real Estate Ponzi Scheme
The complaint also named Jacqueline Burkhalter, Burkhalter’s spouse, and several related entities as relief defendants Continue Reading SEC Charges Todd Burkhalter and His Firm With $300 Million Real Estate Ponzi Scheme
Former DC Housing Authority Director Files Lawsuit, Claiming She Was Harassed Into Resigning
In January 2023, Brenda Donald received a $41,250 bonus – the highest payment provided by her contract. Continue Reading Former DC Housing Authority Director Files Lawsuit, Claiming She Was Harassed Into Resigning
Senior Living Provider LCS Announces Leadership Changes
Chris Bird, LCS’ president and chief operating officer, will succeed Joel Nelson as CEO. Continue Reading Senior Living Provider LCS Announces Leadership Changes
They’re Here! ‘Poltergeist’ Home Listed for $1.17 Million
The listing also calls out investors by highlighting the property has “much room to lot split and build a second home!” Continue Reading They’re Here! ‘Poltergeist’ Home Listed for $1.17 Million
Las Vegas Realtors CEO Suspended Amid Election Interference Charges
A third party was contracted to investigate “allegations of election impropriety.” Continue Reading Las Vegas Realtors CEO Suspended Amid Election Interference Charges
Detroit Woman Sentenced for Operating as an Unlicensed Real Estate Agent
Davis also presented herself as a certified public accountant (CPA) when soliciting tax preparation business. Continue Reading Detroit Woman Sentenced for Operating as an Unlicensed Real Estate Agent
Guest Opinion: Why Were the Forecasts Off?
The president of the Richmond Fed offers his insight on the challenges in trying to predict economic trends. Continue Reading Guest Opinion: Why Were the Forecasts Off?
Chicago Mixed-Use Building Bought in 2016 for $140 Million Sells for $47 Million
North American Real Estate acquired the 85,000-square-foot retail and office building from Brookfield Properties. Continue Reading Chicago Mixed-Use Building Bought in 2016 for $140 Million Sells for $47 Million
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FBI Adds Fugitive Real Estate Fraudster to Most Wanted List- Florida Home Sales Achieve 11th Straight Month of Year-Over-Year Gains
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