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Swalwell Sues Pulte Over Mortgage Fraud Allegations
Swalwell also accused Pulte of violating the Privacy Act of 1974, which forbids federal agencies from making unauthorized public disclosures of sensitive information relating to an individual. Continue Reading Swalwell Sues Pulte Over Mortgage Fraud Allegations
Swalwell Sues Pulte Over Mortgage Fraud Allegations
Swalwell also accused Pulte of violating the Privacy Act of 1974, which forbids federal agencies from making unauthorized public disclosures of sensitive information relating to an individual. Continue Reading Swalwell Sues Pulte Over Mortgage Fraud Allegations
Howard Hanna Acquires Manhattan’s Elegran Real Estate
Pittsburgh-headquartered Howard Hanna Real Estate Services, the nation’s fifth-largest real estate company, has announced its acquisition of Manhattan-based Elegran Real Estate. The financial details of the deal were not disclosed. Elegran agents will join Howard...
91-Unit Rental Home Community Opens in Edmonton
A new 91-unit rental home community has opened in Edmonton, Alberta. The Parkside North Townhomes were built on the former military base Griesbach Barracks. The development was funded with $44.9 million provided by Canada’s federal government, Canada Lands and the...
Mortgage Rates Take Another Tumble
Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16, down from last week when it averaged 6.30%. A year ago at this...
NEWS & CURRENT EVENTS
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.30% as of Sept. 25, up from last week when it averaged 6.26%. Continue Reading Mortgage Rates Inch Up Slightly
Existing Home Sales Remain Flat
“Home sales have been sluggish over the past few years due to elevated mortgage rates and limited inventory,” said NAR Chief Economist Lawrence Yun. Continue Reading Existing Home Sales Remain Flat
Report: Housing in Q3 Grows Less Affordable Across Most of the Country
The nation hit a new record high median home price of $375,000 in the third quarter. Continue Reading Report: Housing in Q3 Grows Less Affordable Across Most of the Country
Trophy Signature Homes Unveils New Community in Dallas Suburb
Earlier this year, the US Census Bureau named Princeton, Texas, as the nation’s fastest growing city Continue Reading Trophy Signature Homes Unveils New Community in Dallas Suburb
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California Developer Charged by DOJ and SEC with Defrauding Investors
The DOJ stated that a federal grand jury charged Kenneth W. Mattson with wire fraud, money laundering, and obstruction of justice. Continue Reading California Developer Charged by DOJ and SEC with Defrauding Investors
New Reports Highlight Best Cities for New College Graduates and for Raising Families
Fremont, California, was picked by WalletHub as the best city for families. Continue Reading New Reports Highlight Best Cities for New College Graduates and for Raising Families
FHFA’s Pulte Calls on Powell to Lower Rates
It is extremely uncommon for the leader of a regulatory agency to openly criticize the work of the central bank leader. Continue Reading FHFA’s Pulte Calls on Powell to Lower Rates
Chinese Buyers Top Global Web Searches for South Florida Real Estate
Colombia, the long-time leader for global web searches, ranked second at 9.1%. Continue Reading Chinese Buyers Top Global Web Searches for South Florida Real Estate
Case-Shiller: Home Price Acceleration is Slowing
New York City again reported the highest annual gain among the 20 cities with an 8% increase in March. Continue Reading Case-Shiller: Home Price Acceleration is Slowing
Iowa’s Gov. Reynolds to Focus on Property Tax Reform Over Income Tax Elimination
“That is what we hear about all the time,” Reynolds said. Continue Reading Iowa’s Gov. Reynolds to Focus on Property Tax Reform Over Income Tax Elimination
Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Construction is expected to start in the third quarter of this year, with the first phase anticipated to be completed in 2027. Continue Reading Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Report: Anywhere Real Estate Makes Bid to Acquire Douglas Elliman
Neither company has publicly commented on the report. Continue Reading Report: Anywhere Real Estate Makes Bid to Acquire Douglas Elliman
British Columbia Realtor Fined for Loan to Clients to Buy Property He Was Selling
Pardeep Singh Sandhu loaned $55,000 to prospective buyers to help them secure a mortgage for a residence in Abbotsford. Continue Reading British Columbia Realtor Fined for Loan to Clients to Buy Property He Was Selling
Hits and Misses for the Real Estate Week of May 19-23
An unholy misuse of eminent domain, a ritzy Los Angeles mansion with a significant stigma, and a Maine broker running for governor. Continue Reading Hits and Misses for the Real Estate Week of May 19-23
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