Featured Real Estate News
New Indiana Public Safety Law Follows Murder of Realtor
Indiana Governor Mike Braun signed a public safety bill created in the wake of the murder of an Evansville realtor. WEHT reports House Bill 1250 requires the state’s Department of Correction to provide seven days advance electronic notification to the county sheriff,...
New Indiana Public Safety Law Follows Murder of Realtor
The bill passed unanimously through the Indiana House and Senate chambers. Continue Reading New Indiana Public Safety Law Follows Murder of Realtor
Texas AG Paxton Sues EPIC City Developers for Securities Fraud
Texas Attorney General Ken Paxton has filed a lawsuit against the East Plano Islamic Center (EPIC), Community Capital Partners (CCP), and several of their executives, accusing them of violating Texas securities law by engaging in an illegal development scheme. The...
Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
The town of Orange, Connecticut, has enacted a ban on short-term Airbnb-type rentals lasting less than 30 days in residential areas. WFSB reports the Planning and Zoning Committee amended its zoning regulations following complaints from neighbors about loud and wild...
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 1-5. Miss: A Boston Debacle....
News & Current Events
United Wholesale Mortgage’s Ishbia: Trump and Pulte ‘Care About the Housing Market’
“They’re thinking about things that we’ve all talked about in our industry,” he said. Continue Reading United Wholesale Mortgage’s Ishbia: Trump and Pulte ‘Care About the Housing Market’
Owner of Minnesota Lodge Resort Charged with Torching the Property
He submitted a $16.5 million insurance claim, citing “a fire of unknown origin” as the cause of the destruction. Continue Reading Owner of Minnesota Lodge Resort Charged with Torching the Property
Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
The 600,000-square-foot shopping destination features retailers such as Nordstrom Rack, Dick’s, Marshalls, Ross, Planet Fitness, and Barnes and Noble. Continue Reading Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
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Sharp Drop in Canadian Home Sales Blamed on Tariff Concerns
The national average sale price of $668,097 was down 3.3% from $690,903 in February 2024. Continue Reading Sharp Drop in Canadian Home Sales Blamed on Tariff Concerns
KV Debuts New Fund Focused on Western Canadian Real Estate Market
Eligible and accredited investors can subscribe to the KV Building Products Access Fund LP through their investment advisors. Continue Reading KV Debuts New Fund Focused on Western Canadian Real Estate Market
Retailer Forever 21 Files for Bankruptcy
The Forever 21 trademark and intellectual property are owned by Authentic Brands, which licenses them to F21 OpCo. Continue Reading Retailer Forever 21 Files for Bankruptcy
HUD and Interior Team to Identify Federal Lands for Developing Affordable Housing
20% of the nation’s landmass is owned by the Department of Interior. Continue Reading HUD and Interior Team to Identify Federal Lands for Developing Affordable Housing
Tariff Agita Drives Down Builder Confidence Levels
“Construction firms are facing added cost pressures from tariffs,” said NAHB Chief Economist Robert Dietz. Continue Reading Tariff Agita Drives Down Builder Confidence Levels
NAR: Black Homeownership Rate Rising, But Still Below Other Demographics
The overall US homeownership rate was higher in 2023 (65.2%) than a decade ago (63.5% in 2013). Continue Reading NAR: Black Homeownership Rate Rising, But Still Below Other Demographics
Report: Fannie Mae Maintains Blacklist of Over 5,000 Condo Communities
Florida has more than 1,400 developments blacklisted, with California, Colorado, Hawaii and Texas rounding out the top five states. Continue Reading Report: Fannie Mae Maintains Blacklist of Over 5,000 Condo Communities
‘Seinfeld’-Inspired Fraudster Sentenced for Real Estate Scams
Thomas John Sfraga was also known by the alias TJ Stone. Continue Reading ‘Seinfeld’-Inspired Fraudster Sentenced for Real Estate Scams
Voice of America Parent Agency Cancels Lease on New DC Headquarters
The USAGM cited “obscene over-spending including a nearly quarter-of-a-billion-dollar lease for a Pennsylvania Avenue high-rise.” Continue Reading Voice of America Parent Agency Cancels Lease on New DC Headquarters