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Report: More Californians Can Afford to Buy a Home
The statewide median price of existing single-family homes in California fell by 2% from the second quarter to the third quarter. Continue Reading Report: More Californians Can Afford to Buy a Home
Report: More Californians Can Afford to Buy a Home
The statewide median price of existing single-family homes in California fell by 2% from the second quarter to the third quarter. Continue Reading Report: More Californians Can Afford to Buy a Home
California Woman Pleads Guilty to Rental Housing Fraud
A California woman pleaded guilty for repeatedly engaging in rental housing fraud. Jenifer Singh, also known as Jenifer Rios, placed fliers at a Thousand Oaks laundromat in December 2023 advertising a home for rent in Simi Valley. A local family called the phone...
Delaware Lawmakers to Hold Special Session to Mitigate Property Tax Hikes
Delaware legislators will meet in a special session to address public anger over recent property tax hikes. Delaware Business Now reports the special session that begins on Aug. 12 comes in response to a court-ordered, statewide property reassessment – the first...
NJ Town Drops Eminent Domain Seizure Threat Against Historic Church Property
A New Jersey town has halted its efforts to seize an Episcopalian church’s property to create a park with pickleball courts. The Asbury Park Press reports Toms River Mayor Daniel Rodrick postponed a vote on seizing Christ Episcopal Church in the wake of angry public...
NEWS & CURRENT EVENTS
New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
“Clearly, our taxpayers are telling us across Ohio that the current status quo is not working,” said Rep. David Thomas. Continue Reading New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
Pennsylvania Title Company President Pleads Guilty to Defrauding Underwriter, Clients and the SBA
Louis Belletieri is scheduled to be sentenced on Sept. 12 and faces a maximum possible sentence of 40 years’ imprisonment. Continue Reading Pennsylvania Title Company President Pleads Guilty to Defrauding Underwriter, Clients and the SBA
Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial
“That is a Pandora’s box the court refuses to open,” said US District Judge Franklin Valderrama. Continue Reading Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial
Office-to-Residential Conversion Begins on DC Property
The eight-story, 536,000-square-foot office building opened in 1992 and will become an 11-story, 658,000-square-foot modern apartment building. Continue Reading Office-to-Residential Conversion Begins on DC Property
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Global Net Lease Sells Two More Properties in Strategic Disposition Plan
Michael Weil, CEO of GNL, stated, “We are pleased with the rapid progress of our strategic disposition initiative.” Continue Reading Global Net Lease Sells Two More Properties in Strategic Disposition Plan
Historic Newport Mansion’s $10.8 Million Sale is Rhode Island’s Biggest of 2024
The Orchard last changed hands in 2018 for $4.35 million. Continue Reading Historic Newport Mansion’s $10.8 Million Sale is Rhode Island’s Biggest of 2024
CMBS Delinquency Rate Inches Up
The multifamily sector fueled the uptick. Continue Reading CMBS Delinquency Rate Inches Up
Finland Seeks to Ban Real Estate Purchases by Russians
The proposed policy change did not specifically name Russia, but made it obvious which nation was being targeted. Continue Reading Finland Seeks to Ban Real Estate Purchases by Russians
Oregon Real Estate Investment Firm Owners Indicted on Fraud Charges
Christensen and Matic have been charged in a 21-count indictment with conspiracy to commit wire fraud, wire fraud, and money laundering. Continue Reading Oregon Real Estate Investment Firm Owners Indicted on Fraud Charges
DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements
The city was accused of failing to maintain a publicly available list of accessible units and their accessibility features. Continue Reading DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements
Dan Sogorka Named General Manager of Rocket Pro TPO
Sogorka previously served as CEO and president of Sagent, a fintech company that designs and builds digital mortgage servicing platforms. Continue Reading Dan Sogorka Named General Manager of Rocket Pro TPO
Colorado City Blames Media for ‘Misleading Information’ on Venezuelan Gang Presence
“It is tragic that select individuals and entities have mischaracterized our city based on isolated incidents,” said the city government on X. Continue Reading Colorado City Blames Media for ‘Misleading Information’ on Venezuelan Gang Presence
Planned Soccer Stadium for Connecticut Delayed Until at Least 2026
Bridgeport has a history where big projects were announced but never begun. Continue Reading Planned Soccer Stadium for Connecticut Delayed Until at Least 2026
Survey: One-Quarter of Canadians Actively Saving for Home Purchase
The survey found 28% of respondents claiming they are considering moving to another country. Continue Reading Survey: One-Quarter of Canadians Actively Saving for Home Purchase
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