Featured Real Estate News
Report: 65% of Homebuyers View First Purchase as Their Forever Home
The concept of the starter home could soon become passe, according to the latest BMO Real Financial Progress Index report. The report, which polled 2,500 adults from Feb. 17 to March 18, found 65% of buyers expected their first purchase to be their forever home....
Report: 65% of Homebuyers View First Purchase as Their Forever Home
Many buyers are purchasing their first home only after starting a family. Continue Reading Report: 65% of Homebuyers View First Purchase as Their Forever Home
Invesco Mortgage Capital Promotes Kevin Collins to CEO
Invesco Mortgage Capital Inc. (NYSE: IVR), an Atlanta-headquartered real estate investment trust focused on mortgage-backed securities and other mortgage-related assets, announced that President Kevin Collins will assume the role of CEO, effective May 1. Collins will...
Pennsylvania Real Estate Agent Charged with Possessing Child Pornography
A Pennsylvania real estate agent has been arrested on child pornography charges. Albert Strobe, 48, was the subject of an investigation by the Montgomery County Detective Bureau and Lower Providence Township Police following a cybertip from the National Center for...
Report: Renting a Home Is More Affordable Than Homeownership in All 50 Major Metros
Renting a starter home remains a more affordable option the homeownership in all 50 of the nation’s largest metros, with an average monthly savings of $920 compared to buying. According to a data report from Realtor.com, the national median asking rent in March was...
News & Current Events
Connecticut Brokerage Joins Better Homes and Gardens Real Estate Brand
The firm is now doing business as Better Homes and Gardens Real Estate Executive Real Estate. Continue Reading Connecticut Brokerage Joins Better Homes and Gardens Real Estate Brand
Social Media Influencer Sentenced for Running Real Estate Fraud Scheme
The 31-year-old Tyler Bossetti promised investors they could enjoy returns of 30% or higher. Continue Reading Social Media Influencer Sentenced for Running Real Estate Fraud Scheme
Mortgage Rates Decline for Second Straight Week
“Mortgage rates declined this week to a four-week low of 6.30%,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Decline for Second Straight Week
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Exclusive News
Ex-SNL Comic Pete Davidson Sells Staten Island Condo at Steep Discount
Davidson has been trying to sell the condo since 2022, when he listed it for $1.3 million. Continue Reading Ex-SNL Comic Pete Davidson Sells Staten Island Condo at Steep Discount
Trump Removes Pam Bondi as Attorney General
Deputy Attorney General Todd Blanche will serve as Acting Attorney General until a replacement for Bondi is named. Continue Reading Trump Removes Pam Bondi as Attorney General
Mortgage Rates Rise for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.46% as of April 2, up from last week when it averaged 6.38%. Continue Reading Mortgage Rates Rise for Fifth Straight Week
Justice Dept. Sues New Jersey Township Over Natural Gas Ban
“Where the federal government has exclusive authority to regulate appliances and infrastructure, we will fight state and local overreach,” said Principal Deputy Assistant Attorney General Adam Gustafson. Continue Reading Justice Dept. Sues New Jersey Township Over Natural Gas Ban
The Beverly Hills Estates in New Partnership with Savills
The Beverly Hills Estates will serve as Savills’ exclusive West Coast residential brokerage partner. Continue Reading The Beverly Hills Estates in New Partnership with Savills
APW Avenue Group Acquires Reno Apartment Community for $96 Million
“Reno’s transformation is being fueled by world-class employers that are creating thousands of high-paying jobs,” said James R. Parks, founder and principal of APW Avenue Group. Continue Reading APW Avenue Group Acquires Reno Apartment Community for $96 Million
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
The Best Market for First-Time Homebuyers Is…
“First-time buyers are finally seeing some light at the end of the tunnel,” said Orphe Divounguy, senior economist at Zillow. Continue Reading The Best Market for First-Time Homebuyers Is…
Florida CFO: Abolishing Property Taxes is Unlikely
“I don’t think we’re going to wind up with the place where we get rid of property taxes altogether on homestead or properties,” said Blaise Ingoglia. Continue Reading Florida CFO: Abolishing Property Taxes is Unlikely