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Sutton Group Acquires Real Estate Tech Firm Homicity
Jamie Blades, founder and CEO of Homicity, will join Sutton Group as vice president of technology. Continue Reading Sutton Group Acquires Real Estate Tech Firm Homicity
Sutton Group Acquires Real Estate Tech Firm Homicity
Jamie Blades, founder and CEO of Homicity, will join Sutton Group as vice president of technology. Continue Reading Sutton Group Acquires Real Estate Tech Firm Homicity
Canadian Home Sales at 4-Year High for the Month of September
Home sales across Canada were down by 1.7% month-over-month during September, marking the first decline six months. However, activity was also 5.2% above September 2024 and, last month was the best September for sales since 2021. According to data from the Canadian...
Fathom Holdings Acquires Start Real Estate
The real estate services platform Fathom Holdings Inc. (NASDAQ: FTHM) has acquired Start Real Estate, a residential brokerage focused on first-time homebuyers. Headquartered in Colorado, with recent expansion into Utah, Start Real Estate's 70 agents are expected to...
New Home Purchase Mortgage Applications Up 2% in September
Mortgage applications for new home purchases increased 2% in September compared to one year earlier, according to data from the Mortgage Bankers Association (MBA). On a month-over-month measurement, applications declined by 5%. The MBA estimated new single-family home...
NEWS & CURRENT EVENTS
Polish Hotelier Offers Free Party for Couples Who Conceive While Staying at His Hotels
Wladyslaw Grochowski pointed to Poland’s low birth rate as a primary inspiration for his unlikely benevolence. Continue Reading Polish Hotelier Offers Free Party for Couples Who Conceive While Staying at His Hotels
New Home Sales Surge by 20.5%
The median sales price of new houses sold last month was $413,500. Continue Reading New Home Sales Surge by 20.5%
Report: DOJ to Press Ahead with Letitia James Mortgage Fraud Case
The case is still active within the US Attorney’s Office for the Eastern District of Virginia. Continue Reading Report: DOJ to Press Ahead with Letitia James Mortgage Fraud Case
Mortgage Application Activity Records Slight Uptick
Among the federal programs, the FHA share of total applications decreased to 15.7% from 16.3% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick
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SEC Brings Fraud Charges Against Unicoin Over False Real Estate Claims
The charges also include Unicoin CEO and Board Chairman Alex Konanykhin, former President and Board Chairwoman Silvina Moschini, and former Chief Investment Officer Alex Dominguez. Continue Reading SEC Brings Fraud Charges Against Unicoin Over False Real Estate Claims
Mortgage Application Activity Slows Down
The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.1% on a seasonally adjusted basis from one week earlier. Continue Reading Mortgage Application Activity Slows Down
Pacaso Reserves Nasdaq Ticker
Pacaso, the San Francisco-headquartered marketplace for co-owned luxury vacation homes, announced it has reserved the ticker symbol "PCSO" on the Nasdaq Stock Market. According to the company, reserving the ticker symbol does not guarantee a future listing or imply...
Real Estate Broker Announces Bid to Become Maine Governor
David Jones is the broker-owner of the Augusta-based F.O. Bailey Real Estate. Continue Reading Real Estate Broker Announces Bid to Become Maine Governor
New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate
All proceeds from the Louis J. Rogers’ book sales will benefit the Children’s Hospital of Richmond at Virginia Commonwealth University. Continue Reading New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate
Zillow Announces Timeline for New Listing Standards
The Seattle-headquartered company announced the standards will go into effect on May 28. Continue Reading Zillow Announces Timeline for New Listing Standards
New Reports Highlight Michigan’s Affordable Homeownership and Power Outages
Michigan recorded over 12,000 major power outage events and more than 34,000 hours per year without electricity between 2019 and 2023. Continue Reading New Reports Highlight Michigan’s Affordable Homeownership and Power Outages
Tempus Realty Partners Buys Pittsburgh Office/Retail Property for $43.75 Million
Originally constructed as a warehouse, the property covers 94,580 square feet of office space and 31,405 square feet of retail. Continue Reading Tempus Realty Partners Buys Pittsburgh Office/Retail Property for $43.75 Million
RE/MAX: April Home Sales Up 11.3%
April’s median sales price of $440,000 was $5,000 (1.2%) higher than March and $10,000 (2.3%) more than one year ago. Continue Reading RE/MAX: April Home Sales Up 11.3%
Diddy’s $61.5 Million LA Mansion Fails to Attract Buyer Interest
Last November, real estate investor Bo Belmont publicized his offer of $30 million for the property. Continue Reading Diddy’s $61.5 Million LA Mansion Fails to Attract Buyer Interest
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