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Texas AG Paxton Sues EPIC City Developers for Securities Fraud
“The leaders behind EPIC City have engaged in a radical plot to destroy hundreds of acres of beautiful Texas land and line their own pockets,” said Paxton. Continue Reading Texas AG Paxton Sues EPIC City Developers for Securities Fraud
Texas AG Paxton Sues EPIC City Developers for Securities Fraud
“The leaders behind EPIC City have engaged in a radical plot to destroy hundreds of acres of beautiful Texas land and line their own pockets,” said Paxton. Continue Reading Texas AG Paxton Sues EPIC City Developers for Securities Fraud
Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
The investment management firm Blackstone (NYSE: BX) is offloading its portfolio of 90 senior housing properties, incurring a $600 million loss on an investment of $1.8 billion. The Wall Street Journal reports Blackstone has been selling off the properties in a series...
Apartment Rents Record Greatest October Decline in Over 15 Years
Apartment rents declined in October with the national average falling to $1,708, a 0.3% dip from September’s revised figure of $1,713, according to data from Apartments.com, a division of CoStar Group (NASDAQ: CSGP). The new data marks the fourth consecutive month of...
Scott Neil to Become CEO at Realtor.ca Canada
Realtor.ca Canada Inc. has named Scott Neil as its new CEO, effective Jan. 5, 2026. Neil comes to Realtor.ca Canada from the online marketplace Kijiji Canada, where he was CEO. He previously held senior leadership roles at eBay, Adevinta, AutoTrader, Microsoft, and...
NEWS & CURRENT EVENTS
Ohio Lawmaker Proposes Replacing Local Property Taxes with a Statewide Tax
Local school property taxes would be replaced by a single statewide 20-mill property tax and a 1.75% sales tax increase. Continue Reading Ohio Lawmaker Proposes Replacing Local Property Taxes with a Statewide Tax
REcore Solutions Drops Breach of Contract Lawsuit Against Homes.com and CoStar Group
CRMLS announced the lawsuit was dismissed with prejudice. Continue Reading REcore Solutions Drops Breach of Contract Lawsuit Against Homes.com and CoStar Group
Letitia James Seeks to Dismiss Mortgage Fraud Case, Citing Legality of Trump-Picked Prosecutor
James was indicted on two felony charges of bank fraud and making false statements to a financial institution. Continue Reading Letitia James Seeks to Dismiss Mortgage Fraud Case, Citing Legality of Trump-Picked Prosecutor
Submarine Manufacturer Acquires Mostly Vacant Connecticut Mall
The mall is approximately 70% vacant and is expected to permanently close next spring Continue Reading Submarine Manufacturer Acquires Mostly Vacant Connecticut Mall
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Compass Expands in North Carolina with Addition of Cottingham Chalk
Cottingham Chalk’s 70 agents closed $589 million in sales volume during 2024. Continue Reading Compass Expands in North Carolina with Addition of Cottingham Chalk
Rental Housing Developer Sunstone Two Tree Opens Phoenix Office
The new office joins the company’s Westlake Village, California-based headquarters. Continue Reading Rental Housing Developer Sunstone Two Tree Opens Phoenix Office
New Senate Bill Would Recognize Cryptocurrency as Mortgage Collateral
“The American dream of homeownership is not a reality for many young people,” said Sen. Cynthia Lummis. Continue Reading New Senate Bill Would Recognize Cryptocurrency as Mortgage Collateral
Pending Home Sales Down During June
The Northeast recorded a 2.1% uptick in pending home sales from May but remained unchanged from June 2024. Continue Reading Pending Home Sales Down During June
Report: FICO Increases DC Lobbying Efforts Following Attacks by FHFA’s Pulte
John McMickle of North South Government Strategies started work last week as a FICO lobbyist. Continue Reading Report: FICO Increases DC Lobbying Efforts Following Attacks by FHFA’s Pulte
Mortgage Application Activity Slows Down
“Mortgage applications fell to their lowest level since May,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Slows Down
CoStar Group Files Copyright Infringement Lawsuit Against Zillow
CoStar alleged that Zillow published over 46,000 of its copyright protected images, with many still bearing the CoStar watermark. Continue Reading CoStar Group Files Copyright Infringement Lawsuit Against Zillow
Number of DC-Area Homes for Sale Up 22.7% from Last Year
Only about one-third (35.7%) of homes sold over asking price, down from nearly half (47.8%) a year earlier. Continue Reading Number of DC-Area Homes for Sale Up 22.7% from Last Year
Federal Judge Orders HUD to Resume Fair Housing Grant Funding to Nonprofits
District Judge Sparkle L. Sooknanan, a Biden appointee, gave HUD an Aug. 4 deadline to report how it planned to meet its fiscal year obligations on FHIP grant distribution. Continue Reading Federal Judge Orders HUD to Resume Fair Housing Grant Funding to Nonprofits
Hawaiian Brokerage to Join RE/MAX Network
The conversion will bring six offices and 170 agents under the RE/MAX Hawaii banner. Continue Reading Hawaiian Brokerage to Join RE/MAX Network
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