Featured Real Estate News
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...
First Suspect Arrested in Texas Real Estate Fraud Scheme
Courtney Lister is currently being held on a combined $230,000 bond. Continue Reading First Suspect Arrested in Texas Real Estate Fraud Scheme
Illinois Realtor Brandon Holtz Lives Out a Golfer’s Dream at the Masters
Among the golfers participating in this year’s Masters Tournament in Augusta, Georgia, Brandon Holtz stands out – and not just because of his 6-foot-3, 250-pound frame, but because he is the only realtor among the players going for the green jacket. The 39-year-old...
Philadelphia Real Estate Agent Sentenced for Loan Fraud Scheme
A Philadelphia real estate agent was sentenced to 37 months’ imprisonment and two years of in connection with a scheme in which he raised millions of dollars from individuals and businesses, supposedly for short-term real estate financing opportunities, when no such...
Do Clients Want Private Listings? Agents with The Real Brokerage Aren’t So Sure
While the real estate industry is increasingly focused on private listings and off-market strategies, agents affiliated with The Real Brokerage Inc. (NASDAQ: REAX) are not detecting much interest in this subject with their clients. According to the Miami-headquartered...
News & Current Events
Q1 Vacancy Rates Drop for Canadian Office and Industrial Real Estate
National office vacancy declined by 100 basis points year-over-year to 13.6%. Continue Reading Q1 Vacancy Rates Drop for Canadian Office and Industrial Real Estate
Kansas City Mayor Pitches $1.9 Billion Plan for New Royals Stadium
The mayor proposed an ordinance allowing the city to commit up to $600 million through bonds to finance the development. Continue Reading Kansas City Mayor Pitches $1.9 Billion Plan for New Royals Stadium
Senate Confirmation Hearing for Fed Chairman Nominee Kevin Warsh is Delayed
The Senate Banking Committee has yet to receive requested paperwork from Warsh including financial disclosures. Continue Reading Senate Confirmation Hearing for Fed Chairman Nominee Kevin Warsh is Delayed
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Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
The company said Cutsey’s departure will enable him “to turn his attention to the next chapter of his career.” Continue Reading Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
Federal Reserve Maintains Rate Range
Only Fed Gov. Stephen Miran dissented, with a call for a quarter-percentage point rate cut. Continue Reading Federal Reserve Maintains Rate Range
eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
“If a home is being marketed to the public, consumers deserve the opportunity to see it,” said Leo Pareja, CEO of eXp Realty. Continue Reading eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
Frontera Shores will offer a selection of two-, three-, and four-bedroom floor plans ranging from approximately 1,280 to 1,880 square feet. Continue Reading Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
“Thanks to President Trump’s landslide victory, we are replacing a disruptive and expensive Biden insurance mandate with commonsense policies for today’s market,” said FHFA Director Bill Pulte. Continue Reading FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
REMAX: Homes Sold Faster During February Amid Fewer New Listings
“With spring on the horizon, we started to see the market regain some momentum, particularly in how quickly homes are selling,” said Chris Lim, president of REMAX. Continue Reading REMAX: Homes Sold Faster During February Amid Fewer New Listings
Walton Global Debuts US Land Fund for International Investors
The fund has been certified as Shariah-compliant by Masryef Advisory. Continue Reading Walton Global Debuts US Land Fund for International Investors
Mortgage Application Activity Sinks Amid Pullback in Refinancing
“Purchase applications remained steady despite the higher rates,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Sinks Amid Pullback in Refinancing
Keith Pettigrew Selected to Become New CEO at Chicago Housing Authority
The CHA has been without a CEO for the past 16 months. Continue Reading Keith Pettigrew Selected to Become New CEO at Chicago Housing Authority