Featured Real Estate News
Ken Griffin Pushes Back on Mamdani Targeting Him for a ‘Tax the Rich’ Scheme
Hedge fund executive Ken Griffin is pushing back at New York Mayor Zohran Mamdani’s attempt to single him out as a luxury real estate owner who is not paying his fair share of taxes. Last week, Mamdani used a social media video filmed in front of the Central Park...
Ken Griffin Pushes Back on Mamdani Targeting Him for a ‘Tax the Rich’ Scheme
The tax cited by Mamdani was not “secured,” as he claimed, but was only proposed by New York Gov. Kathy Hochul. Continue Reading Ken Griffin Pushes Back on Mamdani Targeting Him for a ‘Tax the Rich’ Scheme
Two Texas Realtor Groups Announce Merger Plans
Two trade groups representing Texas real estate professionals, the San Antonio Board of Realtors (SABOR) and Four Rivers Association of Realtors, have announced a strategic merger agreement. SABOR represents more than 13,000 members across 13 counties in South Texas....
First Suspect Arrested in Texas Real Estate Fraud Scheme
The Financial Crimes Unit of Texas’ Midland Police Department made its first arrest after investigating a series of fraudulent real estate sales. The suspect, 50-year-old Courtney Lister, was arrested on April 13. At the time of his apprehension, he possessed and...
Habitat for Humanity to Create ‘Pope Leo Village’ in Wichita
An anonymous donor has provided funds to Kansas’ Wichita Habitat for Humanity for the creation of an affordable housing development named in honor of Pope Leo XIV. KMUW reports “Pope Leo Village” will consist of eight rehabilitated homes in northeast Wichita. The...
News & Current Events
Chamber of Realtors, a New National Trade Organization, Launches in Belarus
Beginning on May 16, only members of the Chamber will be allowed to provide realtor services on behalf of a real estate organization within Belarus. Continue Reading Chamber of Realtors, a New National Trade Organization, Launches in Belarus
Hits and Misses for the Real Estate Week of April 13-17
A “pied-à-terre tax” aimed at New York City’s wealthiest property owners, the Wall Street Journal slams home builders, and a Massachusetts town rejects a 50% property tax hike. Continue Reading Hits and Misses for the Real Estate Week of April 13-17
Florida Home Sales Continue to Rise
The statewide median sales price for single-family existing homes in March was $420,000, up 1.8% from the previous year. Continue Reading Florida Home Sales Continue to Rise
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Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
Pritzker added the state was trying to alleviate the tax burden by providing more money for education. Continue Reading Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
Ryan Griffin Named President at Home Run Financing
Griffin joined Home Run Financing in 2019 as vice president of compliance and corporate counsel. Continue Reading Ryan Griffin Named President at Home Run Financing
Smart Capital Center Rolls Out AI-Powered Fraud Alerts Solution
Fraud Alerts uses an AI-driven framework that continuously analyzes property-level documentation. Continue Reading Smart Capital Center Rolls Out AI-Powered Fraud Alerts Solution
Convicted Florida Felon Pleads Guilty in $50 Million Real Estate Investment Fraud Scheme
Jean Joseph, also known as “Jon,” of Boca Raton, pleaded guilty to conspiracy to commit money laundering. Continue Reading Convicted Florida Felon Pleads Guilty in $50 Million Real Estate Investment Fraud Scheme
Mortgage Application Activity Slows Amid Decline in Refinancing
The VA share of total applications increased to 16.1% from 15.9%. Continue Reading Mortgage Application Activity Slows Amid Decline in Refinancing
Georgia Senate Approves Bill Creating New Sales Tax to Help Lower Property Taxes
“We are choosing to say that the people who own homes really are more important,” said Sen. Sonya Halpern (D-Atlanta). Continue Reading Georgia Senate Approves Bill Creating New Sales Tax to Help Lower Property Taxes
NFL’s Goodell: Bears Need to Secure New Stadium Deal ‘Sooner Than Later’
Goodell ruled out having the team remaining at Soldier Field, their longtime Chicago home. Continue Reading NFL’s Goodell: Bears Need to Secure New Stadium Deal ‘Sooner Than Later’
Apollo Funds Acquire UK’s Gatehouse Living Group
The financial terms of the deal were not disclosed. Continue Reading Apollo Funds Acquire UK’s Gatehouse Living Group
CMBS Delinquency Rate Up 41 Basis Points to 7.55%
One year ago, the CMBS delinquency rate was 6.65%. Continue Reading CMBS Delinquency Rate Up 41 Basis Points to 7.55%