Featured Real Estate News
Arizona Man Fined $10,000 for Real Estate Investment Scam
The Arizona Corporation Commission (ACC), a state government agency, has levied a $10,000 fine against Dean Douglas Odle and MCM AF Assets LLC, doing business as Milan Capital, for violating of the state's Securities Act in a fraudulent real estate investing scam....
Arizona Man Fined $10,000 for Real Estate Investment Scam
Dean Douglas Odle and MCM AF Assets LLC, doing business as Milan Capital, violated the Arizona Securities Act. Continue Reading Arizona Man Fined $10,000 for Real Estate Investment Scam
Report: 44% More Home Sellers Than Buyers
A new data report from Redfin determined the current housing market had an estimated 44% more home sellers than buyers. This is up from 30% more than one year earlier and represents the second largest gap in records dating back to 2013 – the largest gap was 45% last...
Stanley Martin Homes Acquires United Homes Group for $221 Million
Reston, Virginia-based Stanley Martin Homes LLC, a homebuilder focused on the Mid-Atlantic and Southeast regions, is acquiring Columbia, South Carolina-headquartered United Homes Group Inc. (NASDAQ: UHG) in an all-cash transaction valued at approximately $221 million....
South Dakota Senate Rejects Property Tax Exemption Increase for Disabled Veterans
The South Dakota Senate rejected a bill that would have expanded the property tax exemption for permanently and totally disabled veterans and their surviving spouses. KOTA reports Senate Bill 126, which would have increased the exemption level from $200,000 to...
News & Current Events
Multifamily REIT Veris Residential is Sold for $3.4 Billion to Affinius Capital-Led Investor Consortium
Following the closing of the transaction, Veris’ common stock will no longer be listed on the NYSE. Continue Reading Multifamily REIT Veris Residential is Sold for $3.4 Billion to Affinius Capital-Led Investor Consortium
ESPN’s Stephen A. Smith Blasts ‘Very, Very Stupid’ Chicago for Letting Bears Leave the City
“You’re going to let Indiana profit off your team?” Smith asked. Continue Reading ESPN’s Stephen A. Smith Blasts ‘Very, Very Stupid’ Chicago for Letting Bears Leave the City
US and Pakistan Sign MoU to Renovate Historic NYC Hotel-Turned-Migrant Center
The Roosevelt opened in 1924 and has more than 1,000 rooms. Continue Reading US and Pakistan Sign MoU to Renovate Historic NYC Hotel-Turned-Migrant Center
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Exclusive News
FHFA’s Pulte on Fannie-Freddie IPO: ‘We Don’t Have to Do That’
“We are ready to go when and if the president decides he wants to do that,” Pulte said. Continue Reading FHFA’s Pulte on Fannie-Freddie IPO: ‘We Don’t Have to Do That’
Houston Realtors Drop Plan to Include Flood Risk Data in Listings
The Federal Emergency Management Agency’s official flood maps to assess risk in Texas’ Harris County have not been updated since 2007. Continue Reading Houston Realtors Drop Plan to Include Flood Risk Data in Listings
Feds Pay $87.4 Million for Pennsylvania Warehouse to Become Immigration Detention Center
The property was previously used as a logistics center and as arena that hosted rodeos and demolition derbies. Continue Reading Feds Pay $87.4 Million for Pennsylvania Warehouse to Become Immigration Detention Center
Eddie Bauer Retail Stores Face Closing Amid Bankruptcy Reports
The Bellevue, Washington-based retailer operates approximately 180 locations across the US and Canada. Continue Reading Eddie Bauer Retail Stores Face Closing Amid Bankruptcy Reports
Disney Names Josh D’Amaro to Succeed Bob Iger as CEO
D’Amaro has served as chairman of the Disney Experiences segment since 2020. Continue Reading Disney Names Josh D’Amaro to Succeed Bob Iger as CEO
Median Luxury Home Sale Price Reaches $1.31 Million
While active listings of luxury homes for sale increased 5.6% year-over-year in December, that marked the slowest growth since April. Continue Reading Median Luxury Home Sale Price Reaches $1.31 Million