Real Estate News & Insights
Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement
Stephen Webster was indicted on Sept. 12 and arrested in Palm Beach County, Florida, on Sept. 30. Continue Reading Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement
The Best Market for First-Time Homebuyers Is…
“First-time buyers are finally seeing some light at the end of the tunnel,” said Orphe Divounguy, senior economist at Zillow. Continue Reading The Best Market for First-Time Homebuyers Is…
Two Harbors Investment Corp. to Merge with CrossCountry Mortgage
CrossCountry will also pay a termination fee of $25.4 million to UWM in accordance with the terms of its now-defunct merger agreement. Continue Reading Two Harbors Investment Corp. to Merge with CrossCountry Mortgage
Forewarn to Provide Online Safety Services for Free to Las Vegas Realtors
Forewarn’s services are available both online and through a mobile application. Continue Reading Forewarn to Provide Online Safety Services for Free to Las Vegas Realtors
Sanders and AOC Seek Moratorium on AI Data Center Construction
The Artificial Intelligence (AI) Data Center Moratorium Act would enact an immediate federal moratorium on these facilities. Continue Reading Sanders and AOC Seek Moratorium on AI Data Center Construction
Mortgage Application Payments Decreased in February
“Unfortunately, this month’s turmoil in the Middle East has put upward pressure on mortgage rates, which in turn could impact overall affordability in the months ahead,” said MBA’s Edward Seiler. Continue Reading Mortgage Application Payments Decreased in February
238-Unit Mixed-Income Apartment Building Opens in New Haven
The five-story building as 57 units, or 20% of the residences, set aside for households earning an average of 50% of the area median income. Continue Reading 238-Unit Mixed-Income Apartment Building Opens in New Haven
‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027
Burry added that the housing market was “in for a long winter” if current economic conditions remain or worsen. Continue Reading ‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027
Escrow Abuse in the Spotlight: What the McKenna Case Means for Real Estate Professionals
A New York real estate attorney has been sentenced for a $4.4 million escrow fraud tied to COVID-era funds. Here’s what the case means for agents, lenders, and protecting trust in every transaction. Continue Reading Escrow Abuse in the Spotlight: What the McKenna Case Means for Real Estate Professionals
Elite International Realty Launches Invite-Only Luxury Division
Signature Collection listings will be exclusive to luxury clients and will feature distinct branding and tailored marketing strategies. Continue Reading Elite International Realty Launches Invite-Only Luxury Division
Jacqueline Waggoner Named Chief Executive at Century Housing
Waggoner was previously president of the Solutions Division at Enterprise Community Partners. Continue Reading Jacqueline Waggoner Named Chief Executive at Century Housing
Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
The arena has been at its site since 1968, and the proposal calls for a public plaza to replace the 820,000-square-foot building. Continue Reading Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
