Real Estate News & Insights
Film Producer Charged with Defrauding Investors to Finance Real Estate Deals
Jason Cloth was charged with seven counts of wire fraud, and each count is punishable by up to 20 years in federal prison. Continue Reading Film Producer Charged with Defrauding Investors to Finance Real Estate Deals
AvalonBay Communities and Equity Residential Reveal New Brand for Merged Companies
Vivmark Residential expects to use VMRK as its New York Stock Exchange ticker symbol. Continue Reading AvalonBay Communities and Equity Residential Reveal New Brand for Merged Companies
Foreclosure Activity Rises Annually for Eleventh Straight Month
Across the nation, one in every 3,547 housing units had a foreclosure filing in January. Continue Reading Foreclosure Activity Rises Annually for Eleventh Straight Month
New Bill Would Allow Homebuyers to Put Unused College Savings Toward a Down Payment
The bill has been referred to the House Committee on Ways and Means for consideration. Continue Reading New Bill Would Allow Homebuyers to Put Unused College Savings Toward a Down Payment
Ground Broken on New Mixed-Use Development in Ottawa
The project will also feature ground-floor retail and public spaces designed to support a pedestrian-oriented environment. Continue Reading Ground Broken on New Mixed-Use Development in Ottawa
New Jersey’s $10,570 Average Property Tax Bill Hits Record High
Only 21 New Jersey towns recorded no change or a decrease in their property tax bills. Continue Reading New Jersey’s $10,570 Average Property Tax Bill Hits Record High
Homeowner Affordability Improves Slightly in California
More California households (28%) could afford a typical condo/townhome in the fourth quarter, rising from 27% in the prior quarter and from 25% one year before. Continue Reading Homeowner Affordability Improves Slightly in California
Mortgage Application Activity Remains Flat as Credit Availability Increases
The FHA share of total applications increased to 18.4% from 17.8% the week prior. Continue Reading Mortgage Application Activity Remains Flat as Credit Availability Increases
The Iowa Bears? Hawkeye State Eyes Chicago Team
Iowa’s pitch comes as some Indiana lawmakers have hit the brakes on their state’s efforts to attract the Bears. Continue Reading The Iowa Bears? Hawkeye State Eyes Chicago Team
QXO Acquires Kodiak Building Partners for $2.25 Billion
Kodiak reported roughly $2.4 billion of revenues last year. Continue Reading QXO Acquires Kodiak Building Partners for $2.25 Billion
Connecticut Developer-Builder Suddenly Dies Shortly Before Facing Fraud Trial
William Ferrigno’s criminal trial was slated to begin on March 11. Continue Reading Connecticut Developer-Builder Suddenly Dies Shortly Before Facing Fraud Trial
California Real Estate Investor Pleads Guilty in $9 Million Fraud Case
Matthew Campbell is scheduled to be sentenced on May 11 and faces a maximum statutory penalty of 20 years in prison and a fine of up to $250,000. Continue Reading California Real Estate Investor Pleads Guilty in $9 Million Fraud Case
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