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Canadian Rental Housing Vacancy Rate at 3.1%
Toronto’s purpose-built apartment vacancy rate hit 3% for the first time since the pandemic. Continue Reading Canadian Rental Housing Vacancy Rate at 3.1%
Flournoy Development Group to Launch Apartment-Townhome Community in Georgia
A new thoroughfare is planned to run directly from the community into downtown Villa Rica. Continue Reading Flournoy Development Group to Launch Apartment-Townhome Community in Georgia
Additional Reading: Top Real Estate News & Headlines
Las Vegas Realtors President Refuses to Resign After Board Calls for Him to Step Down
George Kypreos’ term runs through 2026. Continue Reading Las Vegas Realtors President Refuses to Resign After Board Calls for Him to Step Down
Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Matthew Thomas Onofrio netted at least $35 million from his fraudulent scheme before being caught. Continue Reading Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Report: Home Price Appreciation Up During November
The inventory of homes available for purchase rose 17.9% year-over-year to the highest November level since 2015. Continue Reading Report: Home Price Appreciation Up During November
AG Bondi: ‘There is No Investigation into Bill Pulte’
It is unclear why Bondi waited three weeks to make this announcement. Continue Reading AG Bondi: ‘There is No Investigation into Bill Pulte’
NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Ken Yiu faces up to 30 years in prison and a maximum fine of $1 million for the mortgage fraud count and 20 years in prison and a maximum fine of $500,000 for the drug count. Continue Reading NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties
The portfolio was aggregated over the last 12 months and encompasses diverse neighborhoods including Nob Hill, Russian Hill, The Castro, Potrero Hill, Hayes Valley, and the Sunset and Richmond Districts. Continue Reading Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties
Boston City Council Votes to Raise Residential Property Taxes by 13%
Councilor Ed Flynn, a critic of Mayor Michelle Wu, argued the city needs to crack down on its spending. Continue Reading Boston City Council Votes to Raise Residential Property Taxes by 13%
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Newsom did not publicly comment on the lawsuit. Continue Reading Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Granite Real Estate Investment Trust to Delist from the NYSE
Granite has also filed an application for its units to be quoted on the OTCQX platform, to begin trading on or about Dec. 23. Continue Reading Granite Real Estate Investment Trust to Delist from the NYSE
Fed Cuts Rates by Quarter Point
The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting. Continue Reading Fed Cuts Rates by Quarter Point
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
