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RealPage Reaches Settlement with DOJ Over Rent Collusion Case
The company viewed the settlement as a victory. Continue Reading RealPage Reaches Settlement with DOJ Over Rent Collusion Case
RealPage Reaches Settlement with DOJ Over Rent Collusion Case
The company viewed the settlement as a victory. Continue Reading RealPage Reaches Settlement with DOJ Over Rent Collusion Case
Builder Confidence Inches Up Slightly
Builder confidence in the market for newly built single-family homes warmed slightly in July with the passage of the One Big Beautiful Bill Act, but full-blown optimism was weighed down by elevated interest rates and uncertainty over the economy. The National...
Mortgage Fraud Charges Against Schiff Referred to Justice Department
The case of alleged mortgage fraud by Sen. Adam Schiff (D-CA) has been referred to the Department of Justice (DOJ) for criminal prosecution. Fox News reports that Bill Pulte, director of the Federal Housing Finance Agency (FHFA), sent a letter to Attorney General Pam...
John Hancock’s Boston Home Listed for Sale
The Boston home of John Hancock – yes, the guy with the funky signature on the Declaration of Independence – has been listed for sale. The three-story, 5,748-square-foot property, which is listed on the National Register of Historic Places, is being promoted by the...
NEWS & CURRENT EVENTS
Developer Pleads Guilty for $13 Million Scams Involving Latin American Real Estate Projects
Barry Breeman was charged with and pleaded guilty to one count of securities fraud. Continue Reading Developer Pleads Guilty for $13 Million Scams Involving Latin American Real Estate Projects
‘There Are No More Excuses’ — Newsom Tells California Cities to Remove Homeless Encampments
“There’s nothing compassionate about letting people die on the streets,” said Newsom in a statement. Continue Reading ‘There Are No More Excuses’ — Newsom Tells California Cities to Remove Homeless Encampments
Purple Pepe Memecoin Gains First Acceptance as Real Estate Payment
Real estate developer Daniel Westermier is now accepting PURPE as payment for a commercial property in Sedalia, Missouri. Continue Reading Purple Pepe Memecoin Gains First Acceptance as Real Estate Payment
Report: Typical Home Sold in 2024 Was 36 Years Old
Only 9% of US homes were built in the 2010s. Continue Reading Report: Typical Home Sold in 2024 Was 36 Years Old
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Virtual Reality Tech Firm Seeks Partnership with Luxury Real Estate Sales Group
Company founder John Deters defined VRComfort Labs as “a research and development company, not an expert in any vertical market.” Continue Reading Virtual Reality Tech Firm Seeks Partnership with Luxury Real Estate Sales Group
Regulators Seize Philadelphia’s Republic Bank as the Year’s First Bank Failure
Republic Bank had approximately $6 billion in total assets and $4 billion in total deposits as of Jan. 31. Continue Reading Regulators Seize Philadelphia’s Republic Bank as the Year’s First Bank Failure
Hits and Misses for the Real Estate Week of April 22-26
This week’s Hits and Misses includes a new stadium in Chicago, a new player in Sun Belt rental housing and cleaning up moldy residences in London. Continue Reading Hits and Misses for the Real Estate Week of April 22-26
United Real Estate Rolls Out Financial Wellness Program
“We are solving longstanding problems for self-employed practitioners,” said Phillip Cantrell, executive vice president for strategy. Continue Reading United Real Estate Rolls Out Financial Wellness Program
Initia Real Estate Opens Third Alberta Location
Initia Real Estate, a full-service brokerage serving Canada and Mexico, announced the opening of a new office in Red Deer, Alberta. The new office is Initia’s third in Alberta – its headquarters is in Edmonton and it also has a presence in Calgary. Initia’s other...
AIDS Healthcare Foundation Cancels $27 Million Purchase of Six LA Properties
The organization said the buildings “would require $14 million to bring them up to a fully habitable state.” Continue Reading AIDS Healthcare Foundation Cancels $27 Million Purchase of Six LA Properties
HomeServices Agrees to $250 Million Settlement in Sitzer/Burnett Case
The company was the last defendant in the case to agree to a settlement. Continue Reading HomeServices Agrees to $250 Million Settlement in Sitzer/Burnett Case
Builders Angry Over Biden’s Energy Standards Changes
“This senseless nationwide codes mandate will significantly raise housing costs,” said NAHB Chairman Carl Harris. Continue Reading Builders Angry Over Biden’s Energy Standards Changes
Production Losses Widen for Independent Mortgage Banks
The refinancing share of total originations (by dollar volume) decreased to 11% in 2023 from 20% in 2022. Continue Reading Production Losses Widen for Independent Mortgage Banks
Q1 Office Market Sales Down 17%
Washington, D.C., led the nation in sales, with transactions totaling $999 million through the first quarter. Continue Reading Q1 Office Market Sales Down 17%
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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