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Real estate agents got $3.9 billion in Covid relief PPP loans. The housing market boomed, but few repaid the loans.
Source: NBC News--- While Covid was battering the U.S. economy, Gary Goldberg seems to have done OK. During 2020, the pandemic’s first year, the Santa Barbara, California, real estate agent sold more than $27 million worth of luxury homes, slightly down from the $31...
Chop, Chop! 5 Lovely Log Cabins Up for Sale Right Now
Source: Realtor --- Rustic, woodsy, the stuff of American lore: Yup, we’re describing the simple yet solid log cabin. With summer upon us, it’s no wonder we’re thinking about a rustic residence for an easy escape. These charming abodes are often found in secluded...
BlackRock in New Pact to Expand Saudi Arabian Real Estate Finance Market
BlackRock did not issue a press release announcing the pact. Continue Reading BlackRock in New Pact to Expand Saudi Arabian Real Estate Finance Market
New Alert Raises Concerns of Tax Evasion Schemes in Canadian Real Estate
“Canada’s real estate sector is used by criminals to facilitate tax evasion and money laundering,” said the new alert. Continue Reading New Alert Raises Concerns of Tax Evasion Schemes in Canadian Real Estate
David M. Gillece, Baltimore-Area Development Director and Real Estate Executive, Dies at 74
“David was a civic leader who got the job done and he didn’t need any acclaim,” said Wally D. Pinkard Jr., former CEO of Colliers Pinkard. Continue Reading David M. Gillece, Baltimore-Area Development Director and Real Estate Executive, Dies at 74
Canada Public Land Bank to Feature Federal Properties That Can Support Housing
Among the properties within the new entity are five sites that now intended for leasing and ready for builders. Continue Reading Canada Public Land Bank to Feature Federal Properties That Can Support Housing
John Good Named CEO at VineBrook Homes Trust
The company also announced the appointment of Paul Richards as chief financial officer, assistant secretary and treasurer. Continue Reading John Good Named CEO at VineBrook Homes Trust
Blake Johnson to Become CFO at Granite Point Mortgage Trust
He will succeed Marcin Urbaszek, who announced he is stepping down. Continue Reading Blake Johnson to Become CFO at Granite Point Mortgage Trust
Hits and Misses for the Real Estate Week of Aug. 19-23
A new NAR leader, a jaw-dropping data revision and more Britons buying homes are part of the week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Aug. 19-23
Maine Home Sales Rise by Nearly 11%
The $399,250 median sales price in July was a 5.07% uptick from the $380,000 in July 2023. Continue Reading Maine Home Sales Rise by Nearly 11%
Feds Sue Software Firm RealPage, Alleging Collusion with Landlords on Rent Hikes
Attorney General Merrick Garland said the company created a “new way to scheme with landlords to break the law.” Continue Reading Feds Sue Software Firm RealPage, Alleging Collusion with Landlords on Rent Hikes
New Home Sales Up, But Questions on Federal Data Arise
The median sales price of new houses sold in July was $429,800 while the average sales price was $514,800. Continue Reading New Home Sales Up, But Questions on Federal Data Arise
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