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Texas AG Paxton Sues EPIC City Developers for Securities Fraud
“The leaders behind EPIC City have engaged in a radical plot to destroy hundreds of acres of beautiful Texas land and line their own pockets,” said Paxton. Continue Reading Texas AG Paxton Sues EPIC City Developers for Securities Fraud
Texas AG Paxton Sues EPIC City Developers for Securities Fraud
“The leaders behind EPIC City have engaged in a radical plot to destroy hundreds of acres of beautiful Texas land and line their own pockets,” said Paxton. Continue Reading Texas AG Paxton Sues EPIC City Developers for Securities Fraud
Private Connecticut Island Sells at a Discount
A private Connecticut island owned by the same family for more than a century has sold for $26.5 million, down from its original listing price of $35 million. Mansion Global reports the 18-acre Hay’s Island includes an 8,684-square-foot, six-bedroom mansion built in...
Builder Confidence Remains Flat
Builder confidence in the market for newly built single-family homes rose one point to 38 in November, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any number over 50 indicates that more builders view conditions...
Senate Democrats Seek GAO Probe of Pulte’s Handling of Mortgage Fraud Referrals
A group of Senate Democrats asked the Government Accountability Office (GAO) to open an investigation into Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), to determine whether he misused his authority in making multiple criminal referrals of...
NEWS & CURRENT EVENTS
Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
The community represents nearly 40% of all apartment inventory in Hacienda Heights. Continue Reading Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
NAR Taps David Conroy for Newly Created Chief Data Officer Role
Most recently, Conroy served as chief technology officer at the California Association of Realtors. Continue Reading NAR Taps David Conroy for Newly Created Chief Data Officer Role
Damon Conrad Joins REMAX Canada as VP for Commercial
Conrad joins REMAX Canada from Royal LePage Commercial, where he served as vice president and general manager. Continue Reading Damon Conrad Joins REMAX Canada as VP for Commercial
Zillow Sued Over Alleged Mortgage Steering
The lawsuit seeks to expand into a class action case that would cover all US homebuyers directed by a Zillow-affiliated agent into using the company’s mortgage services. Continue Reading Zillow Sued Over Alleged Mortgage Steering
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Mortgage Rates Continue to Fall
The 30-year fixed-rate mortgage averaged 6.26% as of Sept. 18, down from last week when it averaged 6.35%. Continue Reading Mortgage Rates Continue to Fall
Trump Files Emergency Request with Supreme Court to Fire Lisa Cook
The request follows an appeals court decision on Monday that rejected Trump’s efforts to fire Cook ahead of the central bank’s Federal Open Market Committee meeting. Continue Reading Trump Files Emergency Request with Supreme Court to Fire Lisa Cook
Q2 Home Flipping Profit Margins Drop to 17-Year Low
The typical flipped property generated a 25.1% return on investment before expenses. Continue Reading Q2 Home Flipping Profit Margins Drop to 17-Year Low
Rithm Capital Buys Paramount Group for $1.6 Billion
Paramount’s portfolio includes 13 owned and four managed high quality office assets, totaling more than 13.1 million square feet, 85.4% of which is currently leased as of June 30. Continue Reading Rithm Capital Buys Paramount Group for $1.6 Billion
DC Council Gives Final Approval on Commanders Stadium Project
The Commanders have been playing at Northwest Stadium in Landover, Maryland, since 1997. Continue Reading DC Council Gives Final Approval on Commanders Stadium Project
Kansas Considers Proposal to End Property Taxes
Rep. Blake Carpenter proposed eliminating property taxes, along with vehicle taxes and the state income tax. Continue Reading Kansas Considers Proposal to End Property Taxes
Trump Faults Newsom on Rebuilding from Wildfires, Newsom Accuses Trump of Having Dementia
The president, who is on a state visit to the UK, did not immediately respond to the Newsom messages. Continue Reading Trump Faults Newsom on Rebuilding from Wildfires, Newsom Accuses Trump of Having Dementia
Kennedy Wilson Acquires Toll Brothers’ Apartment Living Platform for $347 Million
The Toll Brothers Apartment Living management team and workforce will remain in place. Continue Reading Kennedy Wilson Acquires Toll Brothers’ Apartment Living Platform for $347 Million
Federal Reserve Enacts First Rate Cut of the Year
Only Stephen Miran, dissented by seeking a half-percentage point rate cut. Continue Reading Federal Reserve Enacts First Rate Cut of the Year
California Home Sales and Prices Forecasted to Rise in 2026
Housing supply in 2026 is forecast to show continued improvement and remain near pre-pandemic levels, with active listings up by nearly 10% amid improving market conditions. Continue Reading California Home Sales and Prices Forecasted to Rise in 2026
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