Featured Real Estate News
Harrison Sitomer Promoted to President at SL Green Realty
SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, has promoted Harrison Sitomer to president. Sitomer began his career at SL Green as an intern and rose through the organization, serving in a variety of investment roles before his January 2022...
Harrison Sitomer Promoted to President at SL Green Realty
Sitomer began his career at SL Green as an intern and rose through the organization. Continue Reading Harrison Sitomer Promoted to President at SL Green Realty
NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
A New York City man pleaded guilty in US District Court in Bangor, Maine, to submitting a false mortgage loan application and illegally maintaining a marijuana-involved premises. According to court records, Ken Yiu, purchased a house in Saint Albans, Maine, using an...
Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties
Fort Point Real Estate Partners, a San Francisco–based real estate investment firm, announced its official launch with the assembly of a 40-building portfolio of residential and mixed-use properties across San Francisco. The portfolio was aggregated over the last 12...
Boston City Council Votes to Raise Residential Property Taxes by 13%
The Boston City Council voted unanimously raise residential property taxes by 13% for 2026. Property taxes cover more than 70% of the city’s $4.8 billion budget. WBUR reports the City Council’s vote this marks the second straight year double-digit tax increases for...
News & Current Events
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Newsom did not publicly comment on the lawsuit. Continue Reading Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Granite Real Estate Investment Trust to Delist from the NYSE
Granite has also filed an application for its units to be quoted on the OTCQX platform, to begin trading on or about Dec. 23. Continue Reading Granite Real Estate Investment Trust to Delist from the NYSE
Recent Posts
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…
Popular Articles
Exclusive News
New Task Force to Investigate Potential Fraud in Addressing LA-Area Homelessness
US Attorney Bill Essayli has launched the Homelessness Fraud and Corruption Task Force to investigate fraud, waste, abuse, and corruption involving funds allocated for addressing homelessness in the seven counties within the jurisdiction of the Central District of...
Buffalo Homeowners Face Prospect of 8% Property Tax Hike
Acting Mayor Scanlon insisted the 8% property tax levy increase will generate around $13.7 million. Continue Reading Buffalo Homeowners Face Prospect of 8% Property Tax Hike
Los Angeles Developer Creates Scholarship for Aspiring Real Estate Professionals
The new $1,000 award aims to support undergraduate students pursuing careers in real estate. Continue Reading Los Angeles Developer Creates Scholarship for Aspiring Real Estate Professionals
Over 100 Fannie Mae Workers Fired Over ‘Unethical Conduct’
It is also unclear what, if any, role the Department of Government Efficiency played in identifying the alleged fraud. Continue Reading Over 100 Fannie Mae Workers Fired Over ‘Unethical Conduct’
FHA Extends Foreclosure Moratoriums in Hurricane Impacted Areas
The extensions are designed to assist households in devastated areas across Florida, Georgia, North Carolina, South Carolina, Tennessee, and Virginia. Continue Reading FHA Extends Foreclosure Moratoriums in Hurricane Impacted Areas
Report: Roof Repair Costs at $31 Billion in 2024
Since 2022, non-catastrophic wind/hail roof claims increased from 17% to 25%. Continue Reading Report: Roof Repair Costs at $31 Billion in 2024
Foundational Builders Corporation Expanding to Arizona and Florida
The company appointed Joe El Rady as chief financial officer. Continue Reading Foundational Builders Corporation Expanding to Arizona and Florida
HomeLife Realty Services Rolls Out Cash Back Program
Buyers and sellers will receive a suggested 5% cash back from a participating agent’s share of the commission. Continue Reading HomeLife Realty Services Rolls Out Cash Back Program
United Wholesale Mortgage in AI Partnership with Google Cloud
UWM will integrate Google Cloud AI and machine learning tools into its lending platform. Continue Reading United Wholesale Mortgage in AI Partnership with Google Cloud