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Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
eXp Announces Additions to C-Suite
“Growth isn’t just learned, it’s lived,” said CEO Leo Pareja. Continue Reading eXp Announces Additions to C-Suite
Additional Reading: Top Real Estate News & Headlines
Lisa Cook’s Attorney Slams Pulte’s Mortgage Fraud Charges, Claiming Partisan Targeting
“There is no fraud, no intent to deceive, nothing whatsoever criminal or remotely a basis to allege mortgage fraud,” said attorney Abbe Lowell. Continue Reading Lisa Cook’s Attorney Slams Pulte’s Mortgage Fraud Charges, Claiming Partisan Targeting
Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
18W55 is now about 25% leased, with rents ranging from $4,945 for studios to $35,000 for a full-floor three-bedroom penthouse. Continue Reading Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
Builders Alliance Debuts Portal to Help LA Wildfire Survivors Rebuild Their Homes
The Builders Alliance is a collection of 10 homebuilders focused on creating time and cost savings and end-to-end project management. Continue Reading Builders Alliance Debuts Portal to Help LA Wildfire Survivors Rebuild Their Homes
25,000 SF Retail Plaza in Pennsylvania Sells for $12 Million
The property is occupied by a Wawa convenience store and gas station and a Tractor Supply center. Continue Reading 25,000 SF Retail Plaza in Pennsylvania Sells for $12 Million
Builder Confidence Sinks to Lowest Level Since December 2022
“Buyers are increasingly moving to the sidelines due to elevated mortgage rates and tariff and economic uncertainty,” said NAHB Chairman Buddy Hughes. Continue Reading Builder Confidence Sinks to Lowest Level Since December 2022
Mortgage Applications for New Home Purchases Down in May
The average loan size for new homes increased from $376,992 in April to $379,209 in May. Continue Reading Mortgage Applications for New Home Purchases Down in May
Canadian Housing Starts Mostly Flat in May
Montreal posted an 11% year-over-year increase in actual housing starts compared to May 2024, driven by more multi-unit starts. Continue Reading Canadian Housing Starts Mostly Flat in May
Baton Rouge Realtor Sentenced for Indecent Behavior with Juveniles
Devin Triche ran the Triche Team and partnered with Keller Williams Realty in Baton Rouge. Continue Reading Baton Rouge Realtor Sentenced for Indecent Behavior with Juveniles
Real Estate Investor Sentenced to Probation for Role in $165 Million Mortgage Fraud
Drillman pleaded guilty in December 2023 to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Sentenced to Probation for Role in $165 Million Mortgage Fraud
256-Unit Luxury Residential Tower to Rise Over Nairobi
Taher Saleh, managing director of SMB Properties, said, “Le Mirage Residences by CityBlue represents the pinnacle of luxury and architectural innovation in Kenya.” Continue Reading 256-Unit Luxury Residential Tower to Rise Over Nairobi
Premier Mortgage Resources Debuts Specialty Products Division
“The mortgage landscape is evolving, and so are the needs of our clients,” said Cory Swain, CEO. Continue Reading Premier Mortgage Resources Debuts Specialty Products Division
Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme
His most recent effort to lure investor money came on April 25, when he used a Substack posting to solicit input from people seeking to improve their credit scores. Continue Reading Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme
Realtor.com CEO Wades into Debate Over Clear Cooperation Policy
“Brokers who facilitate private marketplaces are likely to find themselves on the wrong side of history,” said Damian Eales. Continue Reading Realtor.com CEO Wades into Debate Over Clear Cooperation Policy
