Featured Real Estate News
Ex-Financial Advisor Sentenced for Defrauding Elderly Investors in Real Estate Scam
A former Maryland financial advisor was sentenced to 18 months in jail, to be followed by five years of probation, for defrauding elderly investors in a real estate scam. Andrew Joseph Egber previously worked as a financial services provider in Maryland for Wells...
Ex-Financial Advisor Sentenced for Defrauding Elderly Investors in Real Estate Scam
Andrew Joseph Egber previously worked as a financial services provider in Maryland for Wells Fargo, Raymond James, and Steward Partners. Continue Reading Ex-Financial Advisor Sentenced for Defrauding Elderly Investors in Real Estate Scam
Ex-Realtor Association CEO Arrested on Grand Theft Charges
The former CEO of Florida’s East Polk County Association of Realtors (EPCAR) was arrested on grand theft charges. According to charges brought by the Polk County Sheriff’s Office, Jennifer Garula-Mers was hired by EPCAR in July 2020 with an annual salary of about...
A Pair of San Francisco Hotels Sold at Steep Discount
Two of San Francisco’s largest hotels were sold together at a significant discount. Bloomberg reports Parc 55 and Hilton San Francisco Union Square, which encompass a total of nearly 3,000 rooms, were sold for $408 million – a 75% drop from their combined $1.56...
SITE Centers Corp. Sells 5 Retail Plazas
Beachwood, Ohio-headquartered SITE Centers Corp. (NYSE: SITC), the owner and manager of open-air shopping centers, has completed the sale of five of its retail properties. The company sold a three-property portfolio consisting of East Hanover Plaza in East Hanover,...
News & Current Events
New Initiative Seeks to Eliminate Property Taxes in Oklahoma
The measure’s proponents are seeking to have it included on the November 2026 ballot. Continue Reading New Initiative Seeks to Eliminate Property Taxes in Oklahoma
Hits and Misses for the Real Estate Week of Nov. 17-21
An affordability challenge in rural America, Canadian and American renters consider the pursuit of homeownership, and Arkansas realtors helping communities facing food insecurity. Continue Reading Hits and Misses for the Real Estate Week of Nov. 17-21
Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
“There is a perception that housing outside of the GTA is still somewhat affordable, but that’s not true,” said Austin Thompson, senior policy analyst with the Fraser Institute. Continue Reading Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
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Nearly 90% of Metro Areas Recorded Q4 Home Price Gains
The South registered the largest share of single-family existing-home sales (45.1%) in the fourth quarter. Continue Reading Nearly 90% of Metro Areas Recorded Q4 Home Price Gains
Toronto Home Sales Down in January While New Listings Expand
Last month’s average selling price of $1.04 million was up by 1.5% compared to the $1.02 million in January 2024. Continue Reading Toronto Home Sales Down in January While New Listings Expand
Thompson Thrift to Develop New 312-Unit Multifamily Community in Florida
Construction will begin mid-February, with the first residents expected to move in during summer 2026. Continue Reading Thompson Thrift to Develop New 312-Unit Multifamily Community in Florida
Realtor.com Moves HQ from California to Texas
The company was originally located in San Jose when it was founded in 1995 and moved to Santa Clara in 2016. Continue Reading Realtor.com Moves HQ from California to Texas
Developer Tries to Stop Historic Designation on Shuttered Pittsburgh Gay Bar
“There is nothing historic or significant about this property,” said attorney Jonathan Kamin. Continue Reading Developer Tries to Stop Historic Designation on Shuttered Pittsburgh Gay Bar
Bank of England Announces Rate Cut
The central bank’s Monetary Policy Committee voted 7-2 to reduce Bank Rate by 0.25 percentage points, to 4.5%. Continue Reading Bank of England Announces Rate Cut
Canadian Home Sales and Prices Forecast to Rebound in Next 2 Years
As for rental housing CMHC noted that supply began to accelerate in 2024, but affordability was often elusive. Continue Reading Canadian Home Sales and Prices Forecast to Rebound in Next 2 Years
Rhode Island Town Uses Eminent Domain to Seize Property Planned for Affordable Housing
The property’s owner was unaware of the town’s action until it was announced online. Continue Reading Rhode Island Town Uses Eminent Domain to Seize Property Planned for Affordable Housing
loanDepot and Onx Homes Announce New Joint Venture
The companies did not announce the leadership for Onx X+ Mortgage. Continue Reading loanDepot and Onx Homes Announce New Joint Venture