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Virginia Home Sales Up 9% in September
The statewide median sales price continued in September was $420,000, a mild $800 increase from one year earlier. Continue Reading Virginia Home Sales Up 9% in September
Virginia Home Sales Up 9% in September
The statewide median sales price continued in September was $420,000, a mild $800 increase from one year earlier. Continue Reading Virginia Home Sales Up 9% in September
Baton Rouge Realtor Sentenced for Indecent Behavior with Juveniles
A realtor in Baton Rouge, Louisiana, was sentenced to two years in prison after pleading guilty to two counts of indecent behavior with juveniles. KPEL-FM reports Devin Triche was arrested in July 2024 on 100 counts of child porn and two counts of sexual abuse of an...
Real Estate Investor Sentenced to Probation for Role in $165 Million Mortgage Fraud
Real estate investor Boruch "Barry" Drillman was sentenced to five years of probation for his role in a $165 million fraud scheme involving multifamily and commercial mortgage loans between 2018 and 2020. Drillman managed BRC Williamsburg Holdings LLC, which purchased...
256-Unit Luxury Residential Tower to Rise Over Nairobi
CityBlue Hotels, the Africa-focused lodging chain, has partnered with the Kenyan developer SMB Properties to launch the 256-unit Le Mirage Residences by CityBlue, a luxury residential tower in Kenya’s capital city of Nairobi. According to the companies, Le Mirage...
NEWS & CURRENT EVENTS
Real Estate Investor Says Seller’s Agent Refused to Do Business Because He Drives a Tesla
Charles Lamplough contacted the seller directly to purchase the property. Continue Reading Real Estate Investor Says Seller’s Agent Refused to Do Business Because He Drives a Tesla
FHFA to Establish Mortgage Fraud Tip Line
“There is no room for fraud in our mortgage markets. None,” said FHFA Director Bill Pulte. Continue Reading FHFA to Establish Mortgage Fraud Tip Line
First American Promoted CFO Mark E. Seaton to CEO
Treasurer Matt F. Wajner was promoted to fill the CFO role. Continue Reading First American Promoted CFO Mark E. Seaton to CEO
Redfin Follows Zillow’s Lead in Prohibiting Private Listings
Glenn Kelman, the company’s CEO, declared “we believe that all buyers should be able to see all listings.” Continue Reading Redfin Follows Zillow’s Lead in Prohibiting Private Listings
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Blackstone Acquires AIR Communities for $10 Billion
AIR Communities’ portfolio consists of 76 rental housing communities totaling 27,010 apartment units in 10 states and the District of Columbia. Continue Reading Blackstone Acquires AIR Communities for $10 Billion
Compass CEO: NAR Settlement ‘Not as Dramatic as the Headlines Have Described’
“Commissions have always been negotiable,” said Robert Reffkin. Continue Reading Compass CEO: NAR Settlement ‘Not as Dramatic as the Headlines Have Described’
Sen. Fetterman: ‘Squatters Have No Rights’
“I am not woke,” said the Pennsylvania Democrat. Continue Reading Sen. Fetterman: ‘Squatters Have No Rights’
Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates
“Some households appear to be moving past the hurdle of last year’s sharp jump in rates,” said Fannie Mae’s Doug Duncan. Continue Reading Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates
Trudeau Pushes for Prefabricated and Modular Homes to Address Canada’s Housing Shortage
Canadian Prime Minister Justin Trudeau is advocating for modular and prefabricated homes as the solution to meet his country’s housing shortage. According to CTV News, Trudeau’s government is planning to allocate more than $600 million in the upcoming federal budget...
Rupert Murdoch Slashes Price on NYC Triplex Penthouse
Murdoch first listed the penthouse in 2022 for $62 million. Continue Reading Rupert Murdoch Slashes Price on NYC Triplex Penthouse
Kiavi Debuts Construction Financing Product for Real Estate Investors
The construction loans can finance either build-to-sell or build-to-rent properties. Continue Reading Kiavi Debuts Construction Financing Product for Real Estate Investors
Hits and Misses for the Real Estate Week of April 1-5
In the spotlight: A bizarre attack on a major mortgage company, an about-face by the Federal Reserve and a luxury retailer is coming to San Francisco. Continue Reading Hits and Misses for the Real Estate Week of April 1-5
Minneapolis Brokerage Opens First Office in Florida
“A number of our agents who winter in Florida or spend significant time there asked for this expansion,” said CEO Greg Mason. Continue Reading Minneapolis Brokerage Opens First Office in Florida
‘Zillow Gone Wild’ to Have HGTV and Max Premiere on May 3
“I’m on a mission to find out the story behind America’s strangest and most extraordinary homes,” said host Jack McBrayer. Continue Reading ‘Zillow Gone Wild’ to Have HGTV and Max Premiere on May 3
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