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Greystar in $24 Million Settlement with FTC and Colorado
“The agreement contains no admission of wrongdoing,” said the company in a statement. Continue Reading Greystar in $24 Million Settlement with FTC and Colorado
Greystar in $24 Million Settlement with FTC and Colorado
“The agreement contains no admission of wrongdoing,” said the company in a statement. Continue Reading Greystar in $24 Million Settlement with FTC and Colorado
Florida Records Surge in Pending Home Sales
Florida recorded 21,798 closed sales of existing single-family homes in August, down 3.9% year-over-year, while existing condo-townhouse sales totaled 7,424, down 6% from one year earlier. According to data from Florida Realtors, new pending sales of single-family...
California Man Sentenced for Belize-Based Real Estate Scam
A California man was sentenced to eight years in prison for coordinating real estate scam in Belize that defrauded hundreds of victims out of approximately $77 million. Newport Beach-based Andris Pukke, who also went by the aliases Marc Romeo and Andy Storm,...
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...
NEWS & CURRENT EVENTS
America’s Most Expensive ZIP Code Is…
The top ranked Fisher Island section of Miami Beach’s $11.9 million median listing price is more than 27 times the national median. Continue Reading America’s Most Expensive ZIP Code Is…
FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’
The advertisement touts President Trump as a leader “who stands by us and the basic principle that all Americans deserve to dream and dream big.” Continue Reading FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’
California Home Sales and Prices Declined in July
Total active listings were up 37.7% from one year earlier, reaching a 69-month high. Continue Reading California Home Sales and Prices Declined in July
Canadian Housing Starts Up by 4%
Montreal posted a 212% year-over-year increase in actual housing starts, which was attributed to a high level of multi-unit starts. Continue Reading Canadian Housing Starts Up by 4%
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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.
FDIC: ‘Actively Reevaluating’ Cryptocurrency Supervision of Banks
The regulator foresees “a pathway for institutions to engage in crypto- and blockchain-related activities.”
Continue Reading FDIC: ‘Actively Reevaluating’ Cryptocurrency Supervision of Banks
Senate Confirms Scott Turner as HUD Secretary
The 52-year-old Turner is the first HUD Secretary who comes from a private sector real estate background. Continue Reading Senate Confirms Scott Turner as HUD Secretary
Texas-Based MLS to Enable Non-Realtor Access
NAR did not immediately comment on Unlock MLS’ announcement. Continue Reading Texas-Based MLS to Enable Non-Realtor Access
Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores
All the merchandise in the stores is on sale at up to 40% off. Continue Reading Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores
Mortgage Application Activity Heats Up
The refinance share of mortgage activity increased to 39.0% of total applications from 37.1% the previous week. Continue Reading Mortgage Application Activity Heats Up
Historic Virginia Estate Sells for $20 Million After 8 Years on the Market
The property was first listed for $33 million in March 2017. Continue Reading Historic Virginia Estate Sells for $20 Million After 8 Years on the Market
Rhino Investments Acquires Albuquerque Shopping Center
The financial aspects of the transaction were not disclosed. Continue Reading Rhino Investments Acquires Albuquerque Shopping Center
Elon Musk’s DOGE Terminates Leases on 22 Federal Properties
The locations of the buildings where the leases were terminated were not disclosed. Continue Reading Elon Musk’s DOGE Terminates Leases on 22 Federal Properties
Did Luka Doncic Buy a $15 Million Home Before He Was Traded?
Doncic did not comment on the real estate aspect of his trade from Dallas. Continue Reading Did Luka Doncic Buy a $15 Million Home Before He Was Traded?
State Farm Seeks 22% Emergency Interim Rate Hike in California
The California Insurance Commission said the request raised “serious questions about its financial condition.” Continue Reading State Farm Seeks 22% Emergency Interim Rate Hike in California
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