Featured Real Estate News
Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
A former credit loan officer in Massachusetts was sentenced to 18 months in prison, followed by two years of supervised release, for defrauding his employer out of almost $1 million. According to the charges brought against him, Brian Socha was employed at MassMutual...
Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
In addition to his prison term, Brian Socha was also ordered to pay $902,541.15 in restitution for bank fraud. Continue Reading Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
Canadian Housing Starts Up 9.4%
The seasonally adjusted annualized rate of Canadian housing starts in November was up 9.4% in November (254,058 units) compared to October (232,245 units), according to data from the Canada Mortgage and Housing Corporation (CMHC). The year-to-date total was 219,077...
HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
The US Department of Housing and Urban Development’s (HUD) Office of Inspector General has begun to audit the Chicago Housing Authority (CHA) on how it verifies residents’ immigration status and criminal backgrounds. According to documents and reviewed by the Chicago...
National Trust for Historic Preservation Sues to Stop Work on White House Ballroom
The nonprofit National Trust for Historic Preservation has filed a lawsuit in the US District Court for the District of Columbia to stop ongoing construction of the White House's East Wing ballroom, claiming it is unlawful. The lawsuit also asks the court to halt...
News & Current Events
Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
Prior to her role at Hudson Companies, Kackmann was vice president of affordable and workforce housing at The Albanese Organization. Continue Reading Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
New Board Chairman Appointed at QuadReal Property Group
R. Scott Hutcheson replaces Thomas Garbutt, who is stepping down after serving as chairman since 2018. Continue Reading New Board Chairman Appointed at QuadReal Property Group
Hits and Misses for the Real Estate Week of Dec. 8-12
Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. Continue Reading Hits and Misses for the Real Estate Week of Dec. 8-12
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Hits and Misses for the Real Estate Week of April 6-10
NAR in $52.2 Million Settlement of Tuccori Commissions Lawsuit
First-Time Homebuyers Accounted for 21% of the Texas Housing Market
Mid-Atlantic Region Records Spike in Listings
Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Year…
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Mortgage Application Volume Down 8.5%
The Refinance Index decreased 12% from the previous week. Continue Reading Mortgage Application Volume Down 8.5%
The Most Affordable City for Rental Housing Is…
Miami ranked last in the new study of more than 180 cities. Continue Reading The Most Affordable City for Rental Housing Is…
Chris Kelly Becomes Chief Executive at HomeServices of America
Kelly succeeds Gino Blefari, who is transitioning to the role of chairman emeritus. Continue Reading Chris Kelly Becomes Chief Executive at HomeServices of America
NY Attorney General Letitia James Accused of Mortgage Fraud
James claimed a Virginia property she purchased was her principal residence. Continue Reading NY Attorney General Letitia James Accused of Mortgage Fraud
Kentucky Realtors Adds $100,000 to Flood Relief Grants
The new funding is being provided separately from previous $275,000 in grants allocated through the Kentucky Realtor Relief Foundation. Continue Reading Kentucky Realtors Adds $100,000 to Flood Relief Grants
Habitat for Humanity Canada Issues Report on its Economic Impact
Habitat for Humanity Canada invested approximately $306 million in building and renovating homes from 2019 to 2023. Continue Reading Habitat for Humanity Canada Issues Report on its Economic Impact
Canadian Home Sales Down in March
CREA is forecasting 482,673 residential properties to trade hands via Canadian MLS Systems this year. Continue Reading Canadian Home Sales Down in March
Security Properties Acquires Seattle Apartment Complex for $34.7 Million
Security Properties now owns 29 assets totaling more than 6,500 units in the Greater Seattle area. Continue Reading Security Properties Acquires Seattle Apartment Complex for $34.7 Million
Placemakr Launches First Utah Property
Placemakr Salt Lake City at Brix will offer 100 studio, one, and two-bedroom units available for residential leasing and 45 fully furnished hospitality units. Continue Reading Placemakr Launches First Utah Property