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NAR Moves to Revoke Phoenix Realtors’ Charter Over New MLS Choice Program
NAR claimed it “has no choice but to defend the Realtor trademark, our integrated model, and Realtor and consumers they serve.” Continue Reading NAR Moves to Revoke Phoenix Realtors’ Charter Over New MLS Choice Program
Illinois Home Sales Up Nearly 3%
November’s monthly median price of $285,024 was 7.5% higher than the $265,000 price from the prior year. Continue Reading Illinois Home Sales Up Nearly 3%
Connecticut Office Property Sells at Significant Loss
The property previously sold in July 2014 for $13.5 million. Continue Reading Connecticut Office Property Sells at Significant Loss
La Rosa Holdings to Offer Cryptocurrency Payment Option to Agents
CEO Joe La Rosa stated the company will implement a 2% fee for agents who choose to receive cryptocurrency payments. Continue Reading La Rosa Holdings to Offer Cryptocurrency Payment Option to Agents
Mortgage Forbearance Level Inches Up
The share of Fannie Mae and Freddie Mac loans in forbearance increased 1 basis point to 0.21% last month. Continue Reading Mortgage Forbearance Level Inches Up
KBS Builders Inks $2.1 Million Contract to Build Modules for Vermont Multifamily Apartments
KBS will manufacture 16 modules for the construction of 12 apartments across three buildings. Continue Reading KBS Builders Inks $2.1 Million Contract to Build Modules for Vermont Multifamily Apartments
Virginia Realtor Faces License Loss Over 9-Year-Old Social Media Posting of Bible Verse
“He’s a minister, he runs a nonprofit Christian ministry,” said attorney Michael Sylvester. Continue Reading Virginia Realtor Faces License Loss Over 9-Year-Old Social Media Posting of Bible Verse
CFPB Sues Rocket Homes and Jason Mitchell Group Over Alleged Steering and Illegal Kickbacks
“The accusation that homebuyers paid more when working with Rocket Homes is a lie,” the company said. Continue Reading CFPB Sues Rocket Homes and Jason Mitchell Group Over Alleged Steering and Illegal Kickbacks
Texas Title Company Employee Pleads Guilty to Real Estate Fraud Scheme
Cantu was released on bond until her sentencing on March 3, 2025. Continue Reading Texas Title Company Employee Pleads Guilty to Real Estate Fraud Scheme
Marcus & Millichap Closes $88.5 Million Sale of 31-Property Portfolio
The properties are in Connecticut, Massachusetts, New Hampshire, Maine, New York, Rhode Island, and Vermont. Continue Reading Marcus & Millichap Closes $88.5 Million Sale of 31-Property Portfolio
Maine Home Sales Up 6.81% in November
The statewide median sales price last month was $385,000. Continue Reading Maine Home Sales Up 6.81% in November
Sen. Elizabeth Warren Slams Elon Musk’s ‘Delete the CFPB’
“Whenever billionaires are talking about how they think things would work better for ordinary families, hang on to your wallet,” she said. Continue Reading Sen. Elizabeth Warren Slams Elon Musk’s ‘Delete the CFPB’
DLC Pays $76.25 Million for Two Shopping Centers in Columbus, Ohio
The properties are approximately 99% occupied. Continue Reading DLC Pays $76.25 Million for Two Shopping Centers in Columbus, Ohio
McKinley Homes Acquires Houston Builder
The financial terms of the deal were not disclosed. Continue Reading McKinley Homes Acquires Houston Builder
New Single-Family Home Sales Up in November
The median sales price of new houses sold in November was $402,600 while the average sales price was $484,800. Continue Reading New Single-Family Home Sales Up in November
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
