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
Elite International Realty Launches Invite-Only Luxury Division
Elite International Realty, a Miami-based real estate brokerage firm, announced the launch of its new dedicated division, Signature Collection by Elite. According to the company, Signature Collection listings will be exclusive to luxury clients and will feature...
Jacqueline Waggoner Named Chief Executive at Century Housing
Century Housing, the Culver City, California-based nonprofit network focused on affordable housing and community development, announced the appointment of Jacqueline Waggoner as president and CEO, effective March 23. Waggoner was previously president of the Solutions...
Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
President Trump is reportedly open to the idea of relocating New York City’s Madison Square Garden as part of the plan to redevelop the Penn Station transit hub. According to a report in The Gothamist based on input from “four sources who have knowledge of the Oval...
News & Current Events
Mortgage Rates Surge for Fourth Straight Week
The 30-year fixed-rate mortgage averaged 6.38% as of March 26. Continue Reading Mortgage Rates Surge for Fourth Straight Week
Report: Most Homes Were Unaffordable During Q1
California’s Los Angeles County was the least affordable market in ATTOM’s report. Continue Reading Report: Most Homes Were Unaffordable During Q1
Fannie Mae to Back New Crypto-Backed Mortgages
The new mortgages will be originated and serviced by Better, with Bitcoin and USDC pledges powered by Coinbase. Continue Reading Fannie Mae to Back New Crypto-Backed Mortgages
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Exclusive News
Yamaha Motor Co. to Relocate US HQ from California to Georgia
Yamaha acquired the land in Cypress for its US headquarters in 1978 and established its office in 1979. Continue Reading Yamaha Motor Co. to Relocate US HQ from California to Georgia
Cavan Companies Plans Third Build-to-Rent Community in Omaha Metro Area
Construction is expected to begin in May on a site encompassing approximately 16 acres. Continue Reading Cavan Companies Plans Third Build-to-Rent Community in Omaha Metro Area
R-Zero’s Expands Availability of Commercial Real Estate Energy Savings Tool Prospector AI
Prospector AI premiered exclusively in New York City last December. Continue Reading R-Zero’s Expands Availability of Commercial Real Estate Energy Savings Tool Prospector AI
Mortgage Credit Availability Improved in February
“Most of last month’s supply growth was in loan programs that allowed for cash-out refinance and on investor homes,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved in February
Existing Home Sales Up by 1.7% in February
The median existing home price for all housing types in February was $398,000, up by 0.3% from one year ago ($396,800). Continue Reading Existing Home Sales Up by 1.7% in February
Toll Brothers Opens New Luxury Community in Pennsylvania
Homes are priced from the mid-$900,000s. Continue Reading Toll Brothers Opens New Luxury Community in Pennsylvania
PennyMac Debuts Non-QM Product Suite
The new products are designed to “help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.” Continue Reading PennyMac Debuts Non-QM Product Suite
Tennesee Realtor Indicted on Child Exploitation and Unlawful Photography Charges
Justin Holder has been the subject of a probe conducted by the Tennessee Bureau of Investigation since last May. Continue Reading Tennesee Realtor Indicted on Child Exploitation and Unlawful Photography Charges
Magistrate Blocks Funding Plan for New Cleveland Browns Stadium
A temporary restraining order has been in place against this funding plan since December. Continue Reading Magistrate Blocks Funding Plan for New Cleveland Browns Stadium