Featured Real Estate News
Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
A former credit loan officer in Massachusetts was sentenced to 18 months in prison, followed by two years of supervised release, for defrauding his employer out of almost $1 million. According to the charges brought against him, Brian Socha was employed at MassMutual...
Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
In addition to his prison term, Brian Socha was also ordered to pay $902,541.15 in restitution for bank fraud. Continue Reading Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
NAR Announces Updates to MLS Handbook
The National Association of Realtors announced the approval of a series of updates to the Multiple Listing Services (MLS) Handbook. The updates focus on reinforcing matters of local discretion, such as non-member access to MLS; modernizing administrative, operations,...
Historic Baltimore Multifamily Community Sells for $5.95 Million
The Baltimorean, a 66-unit multifamily community located in Baltimore directly across the street from Johns Hopkins University, has been sold for $5.95 million. Built in 1927, The Baltimorean offers a mix of studios and one- and two-bedroom apartments with units...
PulteGroup Expands Ohio Presence into Cincinnati
The homebuilder PulteGroup, Inc. (NYSE: PHM) is expanding its Ohio presence with plans to enter the Cincinnati market. Initial efforts in the Cincinnati market will be led by Scott Mairn, division president of PulteGroup's Indianapolis-Louisville Division. The company...
News & Current Events
Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
The company expects to welcome its first residents in February 2027. Continue Reading Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
Report: 53% of All Homes Lost Value Since Last Year
Only 4% of homes have lost value since they were last sold, a smaller share than before the pandemic. Continue Reading Report: 53% of All Homes Lost Value Since Last Year
New Home Purchase Mortgage Applications Down in October
The average loan size for new homes increased from $379,107 in September to $381,404 in October. Continue Reading New Home Purchase Mortgage Applications Down in October
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Exclusive News
HUD Announces Settlement with PHH Mortgage Corporation Over Improper Fees
HUD noted the settlement did not constitute an admission of fault or liability by PHH. Continue Reading HUD Announces Settlement with PHH Mortgage Corporation Over Improper Fees
Report: FTC to Sue Greystar Over Improper Fee Charges to Rental Housing Tenants
Greystar pushed back on the notion that the company was cheating its tenants. Continue Reading Report: FTC to Sue Greystar Over Improper Fee Charges to Rental Housing Tenants
Cushman & Wakefield Pushes Back at DOJ Charges of Rent Hike Conspiracy
“C&W is not a landlord,” said the company in a letter to investors. Continue Reading Cushman & Wakefield Pushes Back at DOJ Charges of Rent Hike Conspiracy
Philadelphia 76ers Cancel Plans for New Arena, Announce Plans to Create Another Venue
The new arena is slated for a 2031 opening. Continue Reading Philadelphia 76ers Cancel Plans for New Arena, Announce Plans to Create Another Venue
Report: The Best State for Raising a Family Is…
“Raising a family has become significantly more expensive in recent years as the cost of living has risen quickly,” said Chip Lupo, analyst at WalletHub. Continue Reading Report: The Best State for Raising a Family Is…
Coca-Cola Foundation Awards $200,000 Grant to Operation Homefront
Since 2008, Operation Homefront has provided over 7,000 months of housing to more than 760 families, saving them nearly $8.5 million in rent and utilities. Continue Reading Coca-Cola Foundation Awards $200,000 Grant to Operation Homefront
A Phil Hall Op-Ed: The Buck Doesn’t Stop Here
Editor Phil Hall considers why Gov. Gavin Newsom and Mayor Karen Bass are not taking responsibility for a lack of preparedness over the Los Angeles fires. Continue Reading A Phil Hall Op-Ed: The Buck Doesn’t Stop Here
Texas Luxury Housing Market Sales Up 10% Year-Over-Year
While only 4% of all homes sold in Texas were million-dollar homes, those properties accounted for 15.7% of all residential sales dollar volume in the state. Continue Reading Texas Luxury Housing Market Sales Up 10% Year-Over-Year
Report: The Worst Housing Market for Growth Is…
Among the states, Florida was home to the most housing markets with the worst growth activity. Continue Reading Report: The Worst Housing Market for Growth Is…