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Owner of Minnesota Lodge Resort Charged with Torching the Property
He submitted a $16.5 million insurance claim, citing “a fire of unknown origin” as the cause of the destruction. Continue Reading Owner of Minnesota Lodge Resort Charged with Torching the Property
Owner of Minnesota Lodge Resort Charged with Torching the Property
He submitted a $16.5 million insurance claim, citing “a fire of unknown origin” as the cause of the destruction. Continue Reading Owner of Minnesota Lodge Resort Charged with Torching the Property
Hits and Misses for the Real Estate Week of Oct. 13-17
Positive data on rental housing costs, a new threat to close the CFPB, and California’s housing market shows signs of vitality. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 13-17. Hit: Some Rent Relief. A new data...
California Home Flipper Indicted for Defrauding Lenders Over Six Years
A California man who flipped properties for a living was indicted for defrauding lenders over a six-year span. According to the indictment, Steven Taylor of Brentwood used fake bank statements and false cash representations to obtain loans and lines of credit to...
Lennar Begins Sales at New Community in Texas
The homebuilder Lennar Corp. (NYSE: LEN) has begun sales at River Bridge Ranch, a new community in San Marcos, Texas. The development encompasses 28 single-family homes featuring one- and two-story open concept floorplans. Homes range from 1,200 to 2,780 square feet,...
NEWS & CURRENT EVENTS
Florida Records Surge in Pending Home Sales
The statewide median sales price for single-family existing homes in August was $410,000, down 0.4% year-over-year. Continue Reading Florida Records Surge in Pending Home Sales
California Man Sentenced for Belize-Based Real Estate Scam
Andris Pukke was convicted of wire fraud and obstruction of justice on July 10. Continue Reading California Man Sentenced for Belize-Based Real Estate Scam
Commercial and Multifamily Mortgage Debt Outstanding Increased During Q2
The level of commercial/multifamily mortgage debt outstanding reached $4.88 trillion by the end of the second quarter, an increase of $47.1 billion (1%) from the first quarter, according to data from the Mortgage Bankers Association (MBA). Multifamily mortgage debt...
Michael Bailey Promoted to CEO at Zeman Homes
Prior to joining Zeman Homes last June, Bailey spent over a decade with Equity Lifestyle Properties. Continue Reading Michael Bailey Promoted to CEO at Zeman Homes
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Florida Real Estate Broker Sentenced in Bank Fraud Case
Maria Del Carmen Montes was indicted in August 2022 and pleaded guilty in January 2024 to three counts of bank fraud. Continue Reading Florida Real Estate Broker Sentenced in Bank Fraud Case
Kohl’s Fires CEO Over ‘Undisclosed Conflicts of Interest’
Ashley Buchanan joined Kohl’s in January after serving as CEO of Michaels Companies. Continue Reading Kohl’s Fires CEO Over ‘Undisclosed Conflicts of Interest’
New Rent Hikes Coming to NYC’s Stabilized Apartments
The rent hikes will take effect on or after Oct. 1. Continue Reading New Rent Hikes Coming to NYC’s Stabilized Apartments
Texas Title Company Employee Sentenced for Wire Fraud Scheme
In addition to her prison term, she was also ordered to pay $350,000 in restitution. Continue Reading Texas Title Company Employee Sentenced for Wire Fraud Scheme
Brent Consedine Named President at Berkshire Hathaway HomeServices California Properties
Berkshire Hathaway HomeServices California Properties encompasses more than 2,200 sales associates in 42 offices. Continue Reading Brent Consedine Named President at Berkshire Hathaway HomeServices California Properties
A Phil Hall Op-Ed: Will Mark Carney Make Canada’s Housing Crisis Worse?
Editor Phil Hall worries that Canada’s newly elected prime minister’s housing market solutions will create new problems. Continue Reading A Phil Hall Op-Ed: Will Mark Carney Make Canada’s Housing Crisis Worse?
CMBS Delinquency Rate Surges Above the 7% Mark
One year ago, the CMBS delinquency rate was 5.07%. Continue Reading CMBS Delinquency Rate Surges Above the 7% Mark
Justice Dept. Files Statement of Interest Supporting a New Hampshire Church in Land Use Case
The new case involves Grace New England, which operates as a home-based church on a five-acre private property in Weare, New Hampshire. Continue Reading Justice Dept. Files Statement of Interest Supporting a New Hampshire Church in Land Use Case
Nebraska Woman Jailed for Deed Theft Gets Paroled and Repeats Her Crime at the Same Property
Londa Neal was arraigned on the charges of 2nd Degree Forgery, Abuse of a Vulnerable Adult, and Attempted Theft by Taking. Continue Reading Nebraska Woman Jailed for Deed Theft Gets Paroled and Repeats Her Crime at the Same Property
Pending Home Sales Jump by 6.1%
Year-over-year, pending transactions were down by a mild 0.6%. Continue Reading Pending Home Sales Jump by 6.1%
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