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
New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Sen. John Barrasso (R-WY) has introduced legislation to abolish Biden-era environmental policies focused on the housing market. The HOUSE Act would repeal the Final Determination on energy efficiency standards for new construction of housing financed by the...
Sutton Group Acquires Real Estate Tech Firm Homicity
Sutton Group, a Canadian-owned real estate brand, is acquiring Homicity Inc., an Ottawa-based real estate technology company. The financial aspects of the deal were not disclosed. As part of the acquisition, Jamie Blades, founder and CEO of Homicity, will join Sutton...
625-Bed Student Housing Development Planned Near North Carolina’s Appalachian State University
Landmark Properties, in a joint venture with HC2 Capital, LLC and Peninsula Investments, announced the acquisition of a 40.05-acre site in Boone, North Carolina, that will be developed into The Retreat at Boone, a cottage-style off-campus student housing community...
News & Current Events
Swalwell Sues Pulte Over Mortgage Fraud Allegations
Swalwell also accused Pulte of violating the Privacy Act of 1974, which forbids federal agencies from making unauthorized public disclosures of sensitive information relating to an individual. Continue Reading Swalwell Sues Pulte Over Mortgage Fraud Allegations
New Data Points to Deceleration in Home Prices
Chicago, New York and Boston reported the highest year-over-year gains with year-over-year price increases of 5.5%, 5.2% and 4.1%, respectively. Continue Reading New Data Points to Deceleration in Home Prices
Alabama Home Sales Down During October
The state’s median sales price was $253,201, up by 7.6% from September and by 19.7% from October 2024. Continue Reading Alabama Home Sales Down During October
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NYC Real Estate Executive Indicted for $30 Million Bank Fraud Scheme
Kevin Feng Gao is charged with one count of bank fraud, which carries a maximum sentence of 30 years in prison. Continue Reading NYC Real Estate Executive Indicted for $30 Million Bank Fraud Scheme
Crypto-Only Buyer Sought for $28 Million Manhattan Office Property
Okada & Co. acquired 111 West 24th Street in 2021 for $16 million. Continue Reading Crypto-Only Buyer Sought for $28 Million Manhattan Office Property
Tennessee Homeowners Impacted by Hurricane Helene to Receive 130% Refund on Property Taxes
Applications for relief will need to be filed by June 30. Continue Reading Tennessee Homeowners Impacted by Hurricane Helene to Receive 130% Refund on Property Taxes
KKR Raises $850 Million for New Real Estate Credit Strategy
“We believe it is a great time to invest real estate credit,” said Matt Salem, partner and head of real estate credit. Continue Reading KKR Raises $850 Million for New Real Estate Credit Strategy
Housing Supply at 5-Year High, Demand at 5-Year Low
Roughly 41,000 home-purchase agreements were canceled in January. Continue Reading Housing Supply at 5-Year High, Demand at 5-Year Low
Multifamily Developers Express Mixed Views on Market
NAHB Chief Economist Robert Dietz is projecting “multifamily construction will decline again in the first half of 2025.” Continue Reading Multifamily Developers Express Mixed Views on Market
Mortgage Rates in Further Decline
The 30-year fixed-rate mortgage averaged 6.87% as of Feb. 13. Continue Reading Mortgage Rates in Further Decline
Real Estate Investment Firm Head Pleads Guilty to $62.8 Million Fraud Scheme
Elie Schwartz pleaded guilty to one count of wire fraud and faces a maximum penalty of 20 years in prison. Continue Reading Real Estate Investment Firm Head Pleads Guilty to $62.8 Million Fraud Scheme
Democrat Leaders Urge Federal Reserve and Regulators Not to Work with Elon Musk’s DOGE
“Early evidence suggests the Trump Administration and DOGE are violating the US Constitution and a variety of laws,” the lawmakers wrote. Continue Reading Democrat Leaders Urge Federal Reserve and Regulators Not to Work with Elon Musk’s DOGE