Featured Real Estate News
Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement
A former Massachusetts realtor who was indicted on multiple charges including embezzlement was sentenced to two-to-three years in prison followed by five years of probation after changing his plea to guilty. WCBV reports Stephen Webster, the owner of the now-defunct...
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
Mortgage Application Payments Decreased in February
The national median mortgage payment during February was $2,061. down $9 from January and down by $144 (6.5%) from one year earlier. According to data from the Mortgage Bankers Association (MBA), last month’s national median mortgage payment for conventional loan...
238-Unit Mixed-Income Apartment Building Opens in New Haven
Winchester Partners, a joint venture between the developers LMXD and Twining Properties, has announced the opening of The Winston, a 283-unit mixed-income apartment building in New Haven, Connecticut. The five-story building as 57 units, or 20% of the residences, set...
‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027
The Trump administration’s planned initial public offering (IPO) for Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) will not occur this year, according to Michael Burry, the investor and hedge fund manager who gained prominence from the book and film “The Big...
News & Current Events
Escrow Abuse in the Spotlight: What the McKenna Case Means for Real Estate Professionals
A New York real estate attorney has been sentenced for a $4.4 million escrow fraud tied to COVID-era funds. Here’s what the case means for agents, lenders, and protecting trust in every transaction. Continue Reading Escrow Abuse in the Spotlight: What the McKenna Case Means for Real Estate Professionals
Elite International Realty Launches Invite-Only Luxury Division
Signature Collection listings will be exclusive to luxury clients and will feature distinct branding and tailored marketing strategies. Continue Reading Elite International Realty Launches Invite-Only Luxury Division
Jacqueline Waggoner Named Chief Executive at Century Housing
Waggoner was previously president of the Solutions Division at Enterprise Community Partners. Continue Reading Jacqueline Waggoner Named Chief Executive at Century Housing
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Exclusive News
Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
39% of roommate settings are multi-generational households, where the age difference between the oldest and youngest adult is 20 years or more. Continue Reading Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
Foreclosure Starts Surged by 14% Year-Over-Year
One in every 3,701 housing units had a foreclosure filing in February. Continue Reading Foreclosure Starts Surged by 14% Year-Over-Year
Oregon Real Estate Broker Pleads Guilty for Role in Illegal Marijuana Scheme
Tyra Foxx will be sentenced on May 11. Continue Reading Oregon Real Estate Broker Pleads Guilty for Role in Illegal Marijuana Scheme
Eagle Partners Acquires 551-Unit Portfolio of 55+ Apartments for $162.5 Million
Eagle Partners plans to launch a long-term affordable preservation strategy for the properties. Continue Reading Eagle Partners Acquires 551-Unit Portfolio of 55+ Apartments for $162.5 Million
Claremont Lincoln University Unveils Bachelor in Land Policy and Real Estate Development Program
The fully online program will begin on April 27 with 50 full-tuition scholarships available for the inaugural cohort. Continue Reading Claremont Lincoln University Unveils Bachelor in Land Policy and Real Estate Development Program
Ex-Ontario Mortgage Broker Fined $600,000 Over Misconduct Charges
“Consumer protection is paramount and licensed mortgage brokers must comply with regulatory requirements,” said Elissa Sinha, director of enforcement at FSRA. Continue Reading Ex-Ontario Mortgage Broker Fined $600,000 Over Misconduct Charges
Would You Pay to Improve Your Neighbor’s Yard Before Selling Your Home?
93% of survey respondents indicated that a poorly maintained neighboring lawn signals lower home value to some degree. Continue Reading Would You Pay to Improve Your Neighbor’s Yard Before Selling Your Home?
Century Communities to Begin Sales at New Arizona Development
Century Communities Inc. (NYSE: CCS) announced that its Century Complete brand will soon open for sales at Western Crossings, a new community in Florence, Arizona. Western Crossings will offer two-story single-family homes, with floor plans up to five bedrooms and...
Wall Street Journal Editors: Senate Housing Bill a ‘Pork-Filled’ Win for Sen. Elizabeth Warren
The Journal further complained the problems facing the housing market were not caused by institutional investors. Continue Reading Wall Street Journal Editors: Senate Housing Bill a ‘Pork-Filled’ Win for Sen. Elizabeth Warren