Featured Real Estate News
Arizona Man Fined $10,000 for Real Estate Investment Scam
The Arizona Corporation Commission (ACC), a state government agency, has levied a $10,000 fine against Dean Douglas Odle and MCM AF Assets LLC, doing business as Milan Capital, for violating of the state's Securities Act in a fraudulent real estate investing scam....
Arizona Man Fined $10,000 for Real Estate Investment Scam
Dean Douglas Odle and MCM AF Assets LLC, doing business as Milan Capital, violated the Arizona Securities Act. Continue Reading Arizona Man Fined $10,000 for Real Estate Investment Scam
Fate of Decaying Frank Lloyd Wright House in Chicago Uncertain After Failed Foreclosure Auction
A Frank Lloyd Wright-designed residence in Chicago that has been in a state of dilapidation faces an uncertain future after its ownership was transferred to a mortgage company following a failed foreclosure auction. Artnet.com reports the Prairie style Walser House...
Utah Property Manager Sentenced on Embezzlement and Bank Fraud Charges
Blake Floyd Cozzens of Cedar City, Utah, was sentenced today to 25 months’ imprisonment for wire fraud and bank fraud for embezzling money from homeowners associations (HOAs), property owners, and tenants, as well as fraudulently obtaining money from a bank and a...
Report: Median Asking Rent Down for 28th Straight Month
The median asking rent for 0–2 bedroom units fell for the 28th consecutive month on a year-over-year basis during November, according to the Realtor.com November Rental Report. The national median is now at $1,693, down $17 (or 1.0%) from last November. However, it is...
News & Current Events
Newmark Grows Global Presence in Korea and Middle East
The new South Korean office is based in the capital city of Seoul and will be led by John Pritchard serving as managing director and country head. Continue Reading Newmark Grows Global Presence in Korea and Middle East
New Coalition Seeks to Protect Quartz Industry Jobs
“The US quartz industry is an American success story built by small and family-owned American businesses,” said Rupesh Shah, co-CEO of the distributor M S International. Continue Reading New Coalition Seeks to Protect Quartz Industry Jobs
Von Maur Department Stores to Open First New Jersey Location
The three-level, approximately 164,000 square foot Von Maur location expects to employ approximately 150 full-time and part-time associates. Continue Reading Von Maur Department Stores to Open First New Jersey Location
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Mortgage Application Activity Surges by 20%
The Refinance Index increased 35% from the previous week – the highest level in six months. Continue Reading Mortgage Application Activity Surges by 20%
Northeast Housing Markets Lead Nation for Down Payment Increases
Delaware led the nation in 2024 with a 38.6% rise in median down payments Continue Reading Northeast Housing Markets Lead Nation for Down Payment Increases
Turnbridge Equities Acquires LA Industrial Park for $28 Million
The property is currently 70% occupied, which the company noted was below the submarket average of 98%. Continue Reading Turnbridge Equities Acquires LA Industrial Park for $28 Million
Newmark Promotes Lou Alvarado to Chief Operating Officer
Alvarado first joined Newmark in 2015 as executive vice president and Boston market leader. Continue Reading Newmark Promotes Lou Alvarado to Chief Operating Officer
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



































