Real Estate News & Insights
DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
In his lawsuit, Schwalb alleged the Razjooyans have violated the District’s Consumer Protection Procedures Act, the District’s False Claims Act, and the federal RICO Act. Continue Reading DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
NAMB Releases White Paper on Solving Affordable Homeownership Challenges
NAMB seeks legislative change regarding Mortgage Loan Originator compensation reform and reauthorization of the National Flood Insurance Program. Continue Reading NAMB Releases White Paper on Solving Affordable Homeownership Challenges
Lennar to Build 1,500 Colorado Homes with Geothermal Systems
The endeavor will take advantage of Colorado’s state tax credit for geothermal heat pumps. Continue Reading Lennar to Build 1,500 Colorado Homes with Geothermal Systems
Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021
The states with the greatest percentage increase in premiums were Utah (59%), Illinois (50%), Arizona (48%), and Pennsylvania (44%). Continue Reading Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021
Four Real Investors Sentenced for Multimillion-Dollar Loan Fraud Schemes
Aron Puretz, his son, Chaim “Eli” Puretz, Moshe “Mark” Silber and Fredrick Schulman were sentenced. Continue Reading Four Real Investors Sentenced for Multimillion-Dollar Loan Fraud Schemes
FBI Warns of Rise in Quit Claim Deed Fraud Across New England
The FBI noted that 58,141 victims reported $1.3 billion in losses relating to real estate fraud nationwide between 2019 through 2023. Continue Reading FBI Warns of Rise in Quit Claim Deed Fraud Across New England
Slowing in Refinance Drives Down Mortgage Application Activity
The median sales price of new houses sold in February was $414,500. Continue Reading Slowing in Refinance Drives Down Mortgage Application Activity
Builders Call on Congress to Reform Regulations on Home Construction
NAHB cited a shortage of roughly 1.5 million housing units that the organization blamed on the regulatory process. Continue Reading Builders Call on Congress to Reform Regulations on Home Construction
GAO, at Democrats’ Behest, to Probe Cuts to HUD’s Fair Housing Program
The GAO said “staff with the required skills will be available shortly to initiate an engagement.” Continue Reading GAO, at Democrats’ Behest, to Probe Cuts to HUD’s Fair Housing Program
Kamala Harris to Appear at Australian Real Estate Conference
She is the only guest speaker who is not being made available for media interviews. Continue Reading Kamala Harris to Appear at Australian Real Estate Conference
CMBS Delinquency Rate Up in March
Last month, the overall delinquent balance was $39.3 billion, up from $36 billion in February. Continue Reading CMBS Delinquency Rate Up in March
Report: 1 in 5 Homes Sold for More Than Their Original List Price
Nearly two-thirds of transactions (64.2%) were closed for less than their original list price. Continue Reading Report: 1 in 5 Homes Sold for More Than Their Original List Price
Recent Posts
Hits and Misses for the Real Estate Week of April 27-May 1- Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
- San Francisco’s Bay Club Acquires Full City Block for $65 Million
- Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
- Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
