Featured Real Estate News
Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement
A former Massachusetts realtor who was indicted on multiple charges including embezzlement was sentenced to two-to-three years in prison followed by five years of probation after changing his plea to guilty. WCBV reports Stephen Webster, the owner of the now-defunct...
Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement
Stephen Webster was indicted on Sept. 12 and arrested in Palm Beach County, Florida, on Sept. 30. Continue Reading Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement
Sen. Warren Accuses 14 Corporations of Predatory Rental Housing Practices
Sen. Elizabeth Warren (D-MA) is calling out 14 corporations with ownership stakes in the single-family, multifamily, and manufactured housing sectors, accusing them of predatory rental housing practices. The senator sent each company a letter demanding data on their...
Gov. Newsom Issues Warnings to 15 Localities for Noncompliance on Affordable Housing Access
California Gov. Gavin Newsom has put forth final warnings to 15 cities and counties that have yet to acquiesce to his administration’s demands on affordable housing access. The 15 communities that received notice today remain more than two years behind schedule and...
Report: UK Seizes $108 Million in London Property Bought by Chinese Fugitive
The UK government has frozen the assets of a fugitive Chinese national who acquired up to $108 million worth of London-based real estate. According to the Organized Crime and Corruption Reporting Project, the initial March 24 announcement from the Crown Prosecution...
News & Current Events
Realtor.com Debuts App in ChatGPT
The app is available beginning today. Continue Reading Realtor.com Debuts App in ChatGPT
Hits and Misses for the Real Estate Week of March 23-27
Mortgage rates on the rise, Habitat for Humanity turns 50, and a new TV series help seniors consider housing options. Continue Reading Hits and Misses for the Real Estate Week of March 23-27
Dallas-Based Onyx Realty Group Joins The Real Brokerage
Over the past four years, the team has closed more than 1,250 home sales totaling $490 million. Continue Reading Dallas-Based Onyx Realty Group Joins The Real Brokerage
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Federal Reserve Maintains Rate Range
Only Fed Gov. Stephen Miran dissented, with a call for a quarter-percentage point rate cut. Continue Reading Federal Reserve Maintains Rate Range
eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
“If a home is being marketed to the public, consumers deserve the opportunity to see it,” said Leo Pareja, CEO of eXp Realty. Continue Reading eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
Frontera Shores will offer a selection of two-, three-, and four-bedroom floor plans ranging from approximately 1,280 to 1,880 square feet. Continue Reading Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
“Thanks to President Trump’s landslide victory, we are replacing a disruptive and expensive Biden insurance mandate with commonsense policies for today’s market,” said FHFA Director Bill Pulte. Continue Reading FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
REMAX: Homes Sold Faster During February Amid Fewer New Listings
“With spring on the horizon, we started to see the market regain some momentum, particularly in how quickly homes are selling,” said Chris Lim, president of REMAX. Continue Reading REMAX: Homes Sold Faster During February Amid Fewer New Listings
Walton Global Debuts US Land Fund for International Investors
The fund has been certified as Shariah-compliant by Masryef Advisory. Continue Reading Walton Global Debuts US Land Fund for International Investors
Mortgage Application Activity Sinks Amid Pullback in Refinancing
“Purchase applications remained steady despite the higher rates,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Sinks Amid Pullback in Refinancing
Keith Pettigrew Selected to Become New CEO at Chicago Housing Authority
The CHA has been without a CEO for the past 16 months. Continue Reading Keith Pettigrew Selected to Become New CEO at Chicago Housing Authority
NY Attorney General Files Fraud Lawsuit Against Home Improvement Company Attyx
.“Attyx preyed on vulnerable and elderly homeowners with false promises and predatory tactics,” said Attorney General Letitia James. Continue Reading NY Attorney General Files Fraud Lawsuit Against Home Improvement Company Attyx