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2 Mexican Nationals Arrested for Fraudulent Home Sales
Victor Hugo Villalobos Almazan and Nayeli Noemi Montoya Rodriguez pretended to be the owners of vacant or undeveloped plots of real estate. Continue Reading 2 Mexican Nationals Arrested for Fraudulent Home Sales
2 Mexican Nationals Arrested for Fraudulent Home Sales
Victor Hugo Villalobos Almazan and Nayeli Noemi Montoya Rodriguez pretended to be the owners of vacant or undeveloped plots of real estate. Continue Reading 2 Mexican Nationals Arrested for Fraudulent Home Sales
America’s Most Expensive ZIP Code Is…
Among the neighborhoods where the rich folks live, the median price for a home in the top 10% nationwide is $1.3 million, while the top 5% of homes list for around $5.5 million. But that’s affordable housing compared to the top 1% where homes are priced at $5.7...
FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’
Federal Housing Finance Agency (FHFA) Director Bill Pulte has unveiled a video advertisement that reinforces the goal of merging privatizing Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) into a new entity called the Great American Mortgage Corporation. On his...
California Home Sales and Prices Declined in July
California recorded a total of 261,820 closed escrow sales of existing single-family detached homes in July, down 1% from the 264,400 homes sold in June and was down 4.1% from the 272,990 homes sold in July 2024. According to the California Association of Realtors...
NEWS & CURRENT EVENTS
License Classroom Expands Real Estate Education Offerings to 3 More States
“We’ve worked hard to build a reputation for quality, affordability, and convenience,” said Richie Gill, founder of License Classroom. Continue Reading License Classroom Expands Real Estate Education Offerings to 3 More States
Report: Condo Prices Drop in Second Largest Decline on Record
Condo sales were down 11.9% year-over-year in May, the largest decline since June 2024. Continue Reading Report: Condo Prices Drop in Second Largest Decline on Record
Rocket Companies Completes Acquisition of Redfin
Redfin has adopted a new brand identity as “Redfin Powered by Rocket.” Continue Reading Rocket Companies Completes Acquisition of Redfin
Ohio Gov. DeWine Approves Public Funds for Cleveland Browns’ New Stadium
Former Ohio Attorney General and State Senator Marc Dann is planning to sue to stop the funds transfer to the Browns. Continue Reading Ohio Gov. DeWine Approves Public Funds for Cleveland Browns’ New Stadium
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Unregistered Mortgage Broker Fined $33,000 by British Columbia Regulator
Charles Funaro and his companies will also be required to pay $3,500 to cover the regulator’s investigation costs. Continue Reading Unregistered Mortgage Broker Fined $33,000 by British Columbia Regulator
Portugal Allocates $2.2 Billion to Build 33,000 Homes by 2030
Rents spiked by 94% since 2015 in Lisbon while house prices soared by 186%. Continue Reading Portugal Allocates $2.2 Billion to Build 33,000 Homes by 2030
NAR Warns Members Against Fake Web Domain Email Offers
NAR said the messaging was not originating from its office, but instead were coming from DomainNetworks.com. Continue Reading NAR Warns Members Against Fake Web Domain Email Offers
Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032
The Asia-Pacific region led the 3D printing construction market in 2023 with a 42% revenue share. Continue Reading Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032
New Hotel Planned at NYC’s Rockefeller Center
The 33-story Kimpton Rockefeller Center is set to open in late 2025 on West 48th Street between Fifth and Sixth Avenues. Continue Reading New Hotel Planned at NYC’s Rockefeller Center
Medical Properties Trust Regains Control of Its Real Estate from Steward Health Care
Medical Properties Trust acquired Steward for $1.25 billion in 2016. Continue Reading Medical Properties Trust Regains Control of Its Real Estate from Steward Health Care
Report: Ex-Trump Administration Officials Formulating New GSE Reform Plan
Fannie Mae and Freddie Mac have been in conservatorship for 16 years. Continue Reading Report: Ex-Trump Administration Officials Formulating New GSE Reform Plan
Blockchain Real Estate Platform Propy Names Former SEC Commissioner as Advisory Board Member
Propy also appointed former Wall Street Journal columnist Michael Casey to its board of directors. Continue Reading Blockchain Real Estate Platform Propy Names Former SEC Commissioner as Advisory Board Member
NAR Sued by Former Employee for Sexual Harassment
Sheth said she was fired in 2019 after reporting male supervisors. Continue Reading NAR Sued by Former Employee for Sexual Harassment
Two Quebec Real Estate Brokers Suspended for Bogus Offer Scheme
The brokers could face fines and the permanent suspension of their licenses. Continue Reading Two Quebec Real Estate Brokers Suspended for Bogus Offer Scheme
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