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Lisa Cook’s Attorney Slams Pulte’s Mortgage Fraud Charges, Claiming Partisan Targeting
“There is no fraud, no intent to deceive, nothing whatsoever criminal or remotely a basis to allege mortgage fraud,” said attorney Abbe Lowell. Continue Reading Lisa Cook’s Attorney Slams Pulte’s Mortgage Fraud Charges, Claiming Partisan Targeting
Lisa Cook’s Attorney Slams Pulte’s Mortgage Fraud Charges, Claiming Partisan Targeting
“There is no fraud, no intent to deceive, nothing whatsoever criminal or remotely a basis to allege mortgage fraud,” said attorney Abbe Lowell. Continue Reading Lisa Cook’s Attorney Slams Pulte’s Mortgage Fraud Charges, Claiming Partisan Targeting
Asking Rents Down for Fourth Straight Month
The median asking rent in June dropped by 0.5% year-over-year to $1,642, according to data from Redfin. This marked the fourth straight month of annual declines. On a month-over-month basis, asking rents rose 0.6%. June’s median asking rent is $63 below the $1,705...
Mortgage Application Activity Up 9.4%
Mortgage application activity shot up like a firework during the week ending July 4, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 9.4% on a seasonally...
FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
The Federal Trade Commission (FTC) announced it will send $3 million in payments to consumers impacted by Ygrene Energy Fund, a home improvement financing company. According to the FTC’s October 2022 complaint, Ygrene and its network of door-to-door contractors...
NEWS & CURRENT EVENTS
Six Flags to Close Maryland Amusement Park and Sell 500-Acre Property
CBRE has been hired to market the roughly 500-acre property for sale. Continue Reading Six Flags to Close Maryland Amusement Park and Sell 500-Acre Property
Century Communities Unveils New Atlanta-Area Community
The new community will feature nearly 100 single-family homes priced from the low $300,000s. Continue Reading Century Communities Unveils New Atlanta-Area Community
$3 Billion Tokenization Deal Focused on Dubai Properties
The agreement is the largest real-world asset (RWA) tokenization initiative globally to date. Continue Reading $3 Billion Tokenization Deal Focused on Dubai Properties
Luxury Estate and Winery Owned by ‘American Idol’ Producers Listed at $14.75 Million
The auction will take place on-site at San Juliette on May 17 at 11:00 a.m. PDT. Continue Reading Luxury Estate and Winery Owned by ‘American Idol’ Producers Listed at $14.75 Million
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Thompson Thrift to Develop 276-Unit Multifamily Community in Vero Beach
The company plans to begin construction this month, with completion expected in summer 2026. Continue Reading Thompson Thrift to Develop 276-Unit Multifamily Community in Vero Beach
Alex de Calice Joins Point as Head of Capital Formation
Before joining the Palo Alto, California-based company, de Calice was president of Tacora Capital. Continue Reading Alex de Calice Joins Point as Head of Capital Formation
A Phil Hall Op-Ed: Can a Biden ‘Moonshot Initiative’ Increase Housing Supply?
Should the federal government take a more proactive role by incentivizing builders to ratchet up the national housing supply? Continue Reading A Phil Hall Op-Ed: Can a Biden ‘Moonshot Initiative’ Increase Housing Supply?
Builder Confidence Remains Unchanged for April
This is the first static reading after four months of index gains. Continue Reading Builder Confidence Remains Unchanged for April
General Motors Reportedly Planning to Relocate from Detroit HQ Complex
General Motors (NYSE:GM) is reportedly considering a move from its iconic Detroit headquarters complex. The trade new site Autoblog, citing Associated Press and Bloomberg reports, stated the auto manufacturer is planning to relocate its headquarters to Hudson’s...
Sale Begins for Real Estate Assets from Bankrupt 99 Cents Only Stores
The sale includes 44 owned and 333 leased properties across Arizona, California, Nevada and Texas. Continue Reading Sale Begins for Real Estate Assets from Bankrupt 99 Cents Only Stores
Sotheby’s International Realty Expands to Poland
The new office is based in the Europejski building in Warsaw’s City Center. Continue Reading Sotheby’s International Realty Expands to Poland
Zillow: Homes Sell on Average After 13 Days on the Market
Today’s sales speed is much faster than the pre-pandemic norm. Continue Reading Zillow: Homes Sell on Average After 13 Days on the Market
Startup to Target Individual Investors for Real Estate Fund Opportunities
“Real estate has always been an area we found compelling and sought to expand into,” said Marcum King, managing director at Allura. Continue Reading Startup to Target Individual Investors for Real Estate Fund Opportunities
FloodFlash Debuts Flood Business Interruption Coverage
Coverage limits are up to $5 million per location, except in Florida where it is $2 million in Florida. Continue Reading FloodFlash Debuts Flood Business Interruption Coverage
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