Featured Real Estate News
Ex-Financial Advisor Sentenced for Defrauding Elderly Investors in Real Estate Scam
A former Maryland financial advisor was sentenced to 18 months in jail, to be followed by five years of probation, for defrauding elderly investors in a real estate scam. Andrew Joseph Egber previously worked as a financial services provider in Maryland for Wells...
Ex-Financial Advisor Sentenced for Defrauding Elderly Investors in Real Estate Scam
Andrew Joseph Egber previously worked as a financial services provider in Maryland for Wells Fargo, Raymond James, and Steward Partners. Continue Reading Ex-Financial Advisor Sentenced for Defrauding Elderly Investors in Real Estate Scam
Brazil to Conduct Real Estate Auction Using Blockchain Technology
Brazil will conduct its first public real estate auction using blockchain technology. Convergencia Digital reports the Court of Auditors of São Paulo (TCE-SP) will sell off 10 warehouses, with every document and photograph involved in the process to be timestamped and...
Mark E. Patten to Become CFO at Sun Communities
Sun Communities Inc. (NYSE: SUI), a Southfield, Michigan-headquartered real estate investment trust that owns and operates manufactured housing and recreational vehicle communities, announced the appointment of Mark E. Patten as chief financial officer (CFO),...
Silicon Valley and Aspen Top November’s List of Most Expensive Home Sales
A Silicon Valley villa and an Aspen estate were the most home sales during November, according to a new report from Redfin. Aspen was home to four of the 10 most expensive home sales of November – perfect timing for ski season. The most expensive home sales of...
News & Current Events
California Home Sales at 3-Year High
November also saw the statewide median home price drop by 3.9% from $886,960 in October to $852,680 in November. Continue Reading California Home Sales at 3-Year High
Report: Google Quietly Testing the Insertion of Real Estate Listings in Search Results
The test is being run in partnership with ComeHome by HouseCanary. Continue Reading Report: Google Quietly Testing the Insertion of Real Estate Listings in Search Results
Fate of Decaying Frank Lloyd Wright House in Chicago Uncertain After Failed Foreclosure Auction
Among the property’s problems are rotting wood, cracked and failing exterior stucco, exposed structural elements, and a deteriorating roof and chimney. Continue Reading Fate of Decaying Frank Lloyd Wright House in Chicago Uncertain After Failed Foreclosure Auction
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Exclusive News
Q1 Texas Home Sales Down Despite Boost in Active Listings
The median Texas home sales price for the quarter was $331,000, a mild 0.3% rise from one year earlier. Continue Reading Q1 Texas Home Sales Down Despite Boost in Active Listings
Pennsylvania Home Sales Up 21%
The median sales price for residential properties last month was $285,000, up 2% from $279,000 in the previous month. Continue Reading Pennsylvania Home Sales Up 21%
Mark Skender, Former CEO of Chicago’s Skender Construction, Dies at 61
Most recently, Skender served as president and co-founder of RaaP. Continue Reading Mark Skender, Former CEO of Chicago’s Skender Construction, Dies at 61
Lenders Offering Creative Financing Options
To address affordability issues due to higher rates, some lenders are advancing creative financing offers to their borrowers and the real estate agents who serve them. Continue Reading Lenders Offering Creative Financing Options
More Down Payment Assistance Programs Introduced During Q1
A total of 990 programs (39%) were offered through local housing finance agencies. Continue Reading More Down Payment Assistance Programs Introduced During Q1
HGTV’s Tarek El Moussa Says He Earns $675,000 a Month from House Flipping
“With the last few years, everything going on, I really got super hyper-focused,” El Moussa said. Continue Reading HGTV’s Tarek El Moussa Says He Earns $675,000 a Month from House Flipping
Mortgage Forbearance Levels Down Slightly in March
The five states with the highest share of loans that were current as a percent of servicing portfolio are Washington, Idaho, Alaska, Oregon, and Colorado. Continue Reading Mortgage Forbearance Levels Down Slightly in March
Democrats Reintroduce Housing for All Act to Address Homelessness
“Housing is a basic human right, not a privilege,” said Sen. Alex Padilla. Continue Reading Democrats Reintroduce Housing for All Act to Address Homelessness
Mary Lee Blaylock Named Brokerage President at Sotheby’s International Realty
Blaylock previously served as senior vice president of HomeServices of America Inc., a Berkshire Hathaway affiliate. Continue Reading Mary Lee Blaylock Named Brokerage President at Sotheby’s International Realty