Featured Real Estate News
Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
The Boston real estate market has a problem that you won’t find in any other city: approximately 8,000 properties are at risk of sinking and crumbling. Boston 25 News reports the properties were constructed on wooden foundations that were laid on filled land between...
Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
Wood pilings can last for centuries underwater, but they begin to decay when exposed to oxygen. Continue Reading Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
Report: Nationwide Mortgage Delinquency Rate at 4-Year High
The number of past-due mortgages rose by 275,000 from October to 2.3 million in November, raising the national delinquency rate to 3.85% — the highest level in over four years. According to a new data report from ICE Mortgage Technology, a division of Intercontinental...
Democratic Attorneys General Sue to Block Defunding of the CFPB
A coalition of Democratic state attorneys general has sued the Trump administration to stop the complete defunding of the Consumer Financial Protection Bureau (CFPB). In the lawsuit, the attorneys general pointed out that Russ Vought, the acting CFPB director, is...
Denver City Council Approves $70 Million for New Soccer Stadium
The Denver City Council has approved a series of measures that will enable the owners of the Denver Summit FC professional women’s soccer team to build a 14,500-seat stadium at the site of the old Gates Rubber Factory. According to coverage from Denverite.com, the...
News & Current Events
Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Genesis LA will originate loans to support homeownership, economic development, and nonprofit facilities in the Altadena and Pasadena areas. Continue Reading Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
reAlpha Tech Corp. Acquires InstaMortgage
Under the terms of the definitive agreement, reAlpha would acquire 100% of the outstanding equity of InstaMortgage for total consideration of approximately $8.5 million. Continue Reading reAlpha Tech Corp. Acquires InstaMortgage
Maine’s Housing Market was a November to Forget
The state reported a median sales price of $399,000 for single-family existing homes sold in November. Continue Reading Maine’s Housing Market was a November to Forget
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Exclusive News
RE/MAX: April Home Sales Up 11.3%
April’s median sales price of $440,000 was $5,000 (1.2%) higher than March and $10,000 (2.3%) more than one year ago. Continue Reading RE/MAX: April Home Sales Up 11.3%
Diddy’s $61.5 Million LA Mansion Fails to Attract Buyer Interest
Last November, real estate investor Bo Belmont publicized his offer of $30 million for the property. Continue Reading Diddy’s $61.5 Million LA Mansion Fails to Attract Buyer Interest
Tennessee Woman Pleads Guilty to Fraudulent Deed Transfers and Home Sales
Alicia England was released on bond following her plea hearing. Continue Reading Tennessee Woman Pleads Guilty to Fraudulent Deed Transfers and Home Sales
Elie Schwartz Sentenced for His $62.8 Million Real Estate Fraud Scheme
Schwartz pleaded guilty in February to one count of wire fraud. Continue Reading Elie Schwartz Sentenced for His $62.8 Million Real Estate Fraud Scheme
Colorado Cities Sue State Over Housing Policies
The cities of Arvada, Aurora, Glendale, Greenwood Village, Lafayette and Westminster are in the lawsuit. Continue Reading Colorado Cities Sue State Over Housing Policies
Kentucky Home Sales Up 12.5%
According to data from Kentucky Realtors, the state had 6,188 new listings last month, Continue Reading Kentucky Home Sales Up 12.5%
NYC’s ‘Breakfast at Tiffany’s’ Townhouse Listed for $15 Million
The home’s owner, retired beverage industry executive Joseph Harkins, purchased the property 2015 for $7.4 million. Continue Reading NYC’s ‘Breakfast at Tiffany’s’ Townhouse Listed for $15 Million
California’s Median Home Price Hits New High
April marked the 15th consecutive month of annual gain in the state’s housing supply. Continue Reading California’s Median Home Price Hits New High
New Book ‘Rookie Real Estate Agent’ Offers Introduction to Career Establishment
“We asked the most successful agents in our industry what they did their first year that others don’t,” said author Jay Papasan. Continue Reading New Book ‘Rookie Real Estate Agent’ Offers Introduction to Career Establishment