Real Estate News & Insights
Toronto Home Sales Dip Amid 18% Decline in New Listings
The average selling price at just over $1 million was 4.5% lower from one year before. Continue Reading Toronto Home Sales Dip Amid 18% Decline in New Listings
Mortgage Application Fraud Risk Trended Higher in Q2
Cotality highlighted an increase in alerts related to borrowers purchasing a property in a state they have never lived in. Continue Reading Mortgage Application Fraud Risk Trended Higher in Q2
Ginnie Mae Mortgage-Backed Securities Portfolio Reached $2.97 Trillion in June
Year to date, Ginnie Mae facilitated the pooling and securitization of 339,562 first-time homebuyer loans. Continue Reading Ginnie Mae Mortgage-Backed Securities Portfolio Reached $2.97 Trillion in June
Mamdani Proposes Turning NYPD Parking Lot into Affordable Housing Project
The parking lot in Manhattan’s East Village is the first city-owned site designated for housing development by the Democratic Socialist mayor. Continue Reading Mamdani Proposes Turning NYPD Parking Lot into Affordable Housing Project
NFHA Lobbies Congress in ‘Fair Housing Week of Action’ Initiative
“Congress must fully fund fair housing in 2027,” said Nikitra Bailey, executive vice president of the National Fair Housing Alliance. Continue Reading NFHA Lobbies Congress in ‘Fair Housing Week of Action’ Initiative
ECI Group Taps Thomas Rowe as New CFO
Rowe joins ECI after serving more than a decade as CFO at SJC Ventures, one of the nation’s largest developers of Whole Foods Market-anchored projects. Continue Reading ECI Group Taps Thomas Rowe as New CFO
Keller Williams Acquires 1,200-Agent Jason Mitchell Group
Company founder Jason Mitchell will continue to lead the business as president of the JMG Division and serve on KW’s executive team. Continue Reading Keller Williams Acquires 1,200-Agent Jason Mitchell Group
Texas Man Charged in ‘Church Flipping’ Real Estate Fraud Scheme
Richard Reinaldo Garcia was federally charged with wire fraud, wire fraud conspiracy and aggravated identity theft. Continue Reading Texas Man Charged in ‘Church Flipping’ Real Estate Fraud Scheme
Jimmy Carrion Promoted to President and CEO at Lloyd Jones
Carrion was appointed chief investment office in January and previously served as chief operating officer. Continue Reading Jimmy Carrion Promoted to President and CEO at Lloyd Jones
Alec Baldwin’s On-Again, Off-Again Listing of His Hamptons Estate is Off-Again
The home was featured on the TLC reality show starring Baldwin and his wife Hilaria. Continue Reading Alec Baldwin’s On-Again, Off-Again Listing of His Hamptons Estate is Off-Again
State Realtor Groups Provide Financial Help to Wildfire Victims in Colorado and Georgia
“We know that recovery after a natural disaster can be overwhelming for families and communities,” said Georgia Realtors President Brianne Drake. Continue Reading State Realtor Groups Provide Financial Help to Wildfire Victims in Colorado and Georgia
Real Estate Agent Sentenced for Price Gouging LA Wildfire Victims
Mike Kobeissi of Kobeissi Properties was sentenced to 12 months of probation, 100 hours of community service, and a mandatory professional ethics course through the National Association of Realtors. Continue Reading Real Estate Agent Sentenced for Price Gouging LA Wildfire Victims
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- Former NYC Developer Joshua Schuster Sentenced for Defrauding Investors
