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CFO of LA Affordable Housing Developer Arrested for Defrauding Grant Funds
Cody Holmes was arrested on a federal criminal complaint charging him with mail fraud. Continue Reading CFO of LA Affordable Housing Developer Arrested for Defrauding Grant Funds
CFO of LA Affordable Housing Developer Arrested for Defrauding Grant Funds
Cody Holmes was arrested on a federal criminal complaint charging him with mail fraud. Continue Reading CFO of LA Affordable Housing Developer Arrested for Defrauding Grant Funds
Master-Planned Community with Surfing Lagoons Planned for Utah
Alaia Development and Desert Lakes LLC have unveiled plans for Zion Shores, an inland surf destination in Washington, Utah. The 30-acre project will feature 65 short-term rental properties built around two concrete-lined, clear lagoons designed specifically for...
LendingClub Pays $74.5 Million for New San Francisco HQ Building
LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, is acquiring a 233,887-square-foot property in San Francisco for $74.5 million that will serve as the company's headquarters beginning in Spring 2026. The bank plans to occupy 100,000 square...
Australian Father Pitches Tent Outside Prime Minister’s Home to Protect Rising Housing Costs
An Australian man who said he is unable to keep up with rental housing costs despite having two jobs has set up a tent and protest sign outside of the luxury New South Wales Central Coast residence owned by Prime Minister Anthony Albanese. The Daily Mail reports...
NEWS & CURRENT EVENTS
Horror Film Marketing Stunt Features Billboard with Julia Fox as a Realtor
Several realtors didn’t get the joke and believed the actress was switching careers. Continue Reading Horror Film Marketing Stunt Features Billboard with Julia Fox as a Realtor
Open House Group Accepting Cryptocurrency from Global Buyers of Japanese Real Estate Purchases
The company is initially supporting Bitcoin and Ethereum. Continue Reading Open House Group Accepting Cryptocurrency from Global Buyers of Japanese Real Estate Purchases
Level of Newly Listed Homes Up 37.5% Month-Over-Month
The greatest increases in active listings year-over-year were Denver (+54.8%), Las Vegas (+49.4%), and Tucson (+45.0%). Continue Reading Level of Newly Listed Homes Up 37.5% Month-Over-Month
Bank of England Governor Warns Against Relaxing UK Mortgage Lending Guidelines
Andrew Bailey said the guidelines protected the nation against a wave of failed mortgages. Continue Reading Bank of England Governor Warns Against Relaxing UK Mortgage Lending Guidelines
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David Smith Named Head of Truist Mortgage
Smith was previously president of Keller Home Financial Services. Continue Reading David Smith Named Head of Truist Mortgage
California Home Sales Up in May
Single-family detached home sales were up 9.8% on a monthly basis from April to May. Continue Reading California Home Sales Up in May
New Homebuyer Assistance Program Aimed at HBCU and PBI Graduates
BMO also will offer current HBCU and PBI students a series of financial education classes. Continue Reading New Homebuyer Assistance Program Aimed at HBCU and PBI Graduates
Andy Pettola Joins New American Funding as EVP of National Sales
Pettola was most recently director of national sales at Envoy Mortgage. Continue Reading Andy Pettola Joins New American Funding as EVP of National Sales
Single-Family Housing Starts Show a New Gusto, Up 18.5%
“Additional housing supply is good news for inflation data,” said NAHB Chief Economist Robert Dietz. Continue Reading Single-Family Housing Starts Show a New Gusto, Up 18.5%
A Phil Hall Op-Ed: What Do You Really Think About Gen Z Employees?
“Gen Z are digital natives and they’ve always communicated online, so their interpersonal skills, or soft skills, have suffered,” said Prof. Tara Salinas of the University of San Diego. Continue Reading A Phil Hall Op-Ed: What Do You Really Think About Gen Z Employees?
DC Property Linked to Disgraced Crypto Bigshot Sam Bankman-Fried Listed as Contingent
The parties in the Washington transaction have not been identified. Continue Reading DC Property Linked to Disgraced Crypto Bigshot Sam Bankman-Fried Listed as Contingent
Happy Days Are Here Again: Builder Confidence Rises in Positive Territory
This is the first time since last July when sentiment levels surpassed the midpoint of 50. Continue Reading Happy Days Are Here Again: Builder Confidence Rises in Positive Territory
Ben Affleck and Jennifer Lopez Pick Up Discounted Beverly Hills Mansion
The property has a 5,000-square-foot sports facility with a lounge, boxing ring and an indoor pickleball court. Continue Reading Ben Affleck and Jennifer Lopez Pick Up Discounted Beverly Hills Mansion
Canadian Housing Starts Down Again
Total SAAR housing starts in May were down in three of the nation’s major metro markets. Continue Reading Canadian Housing Starts Down Again
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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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