Current News & Events
NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Ken Yiu faces up to 30 years in prison and a maximum fine of $1 million for the mortgage fraud count and 20 years in prison and a maximum fine of $500,000 for the drug count. Continue Reading NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties
The portfolio was aggregated over the last 12 months and encompasses diverse neighborhoods including Nob Hill, Russian Hill, The Castro, Potrero Hill, Hayes Valley, and the Sunset and Richmond Districts. Continue Reading Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties
Juan Bueno Named President of Operations at Cortland
Bueno comes to Cortland from Avison Young, where he was the firm’s U.S. president. Continue Reading Juan Bueno Named President of Operations at Cortland
Guest Opinion: The Heavy Regulatory Burden Placed on Home Builders
“As home builders, we believe our customers have a right to choose the appliances and energy sources used in their homes,” said NAHB’s Huey. Continue Reading Guest Opinion: The Heavy Regulatory Burden Placed on Home Builders
New Record Set for Pennsylvania’s Median Sales Price
Pennsylvania’s home sales totaled 12,383 transactions, up 12% from May but down 19.5% from June 2022. Continue Reading New Record Set for Pennsylvania’s Median Sales Price
Freddie Mac Reports Decline in Mortgage Rates
“As inflation slows, mortgage rates decreased this week,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Freddie Mac Reports Decline in Mortgage Rates
NAR: Existing Home Sales Down in June
The median existing-home price for all housing types in June was $410,200, the second-highest price of all time. Continue Reading NAR: Existing Home Sales Down in June
Q2 Profit Margins on Home Sales Reach Nearly 48%
ATTOM CEO Rob Barber said seller profits were “back up to nearly their highest level in the past decade.” Continue Reading Q2 Profit Margins on Home Sales Reach Nearly 48%
New York State’s Housing Market Remains Weak
Closed sales totaled 10,186 last month, down 22.2% from the 13,095 sales in June 2022. Continue Reading New York State’s Housing Market Remains Weak
Extra Space Storage Completes Merger with Life Storage
The $12.7 billion, all-stock transaction creates the nation’s largest storage operator. Continue Reading Extra Space Storage Completes Merger with Life Storage
Texas Q2 Median Home Price Down 3.1%
The second quarter saw fewer closed sales – 96,541, a 10.8% year-over-year decline. Continue Reading Texas Q2 Median Home Price Down 3.1%
San Francisco Mayor Proposes Turning Empty Offices Into Schoolrooms
The mayor proposed razing the half-vacant San Francisco Centre shopping mall and turning it into a soccer stadium. Continue Reading San Francisco Mayor Proposes Turning Empty Offices Into Schoolrooms
