Real Estate News & Insights
Georgia Man Charged with Real Estate Investment and College Football Ticket Frauds
Matthew Neet waived indictment and agreed to proceed by criminal information on Dec. 19. Continue Reading Georgia Man Charged with Real Estate Investment and College Football Ticket Frauds
Judge Delays $600 Million of State Funds for New Cleveland Browns Stadium
The state treasurer’s office was scheduled to begin to transfer of $1.7 billion from the unclaimed funds account on New Year’s Day into a new grant program for sports and cultural facilities that was created to accommodate the Browns. Continue Reading Judge Delays $600 Million of State Funds for New Cleveland Browns Stadium
CFPB Launches Public Inquiry into Mortgage Closing ‘Junk Fees’
CFPB Director Rohit Chopra opined, “Junk fees and excessive closing costs can drain down payments and push up monthly mortgage costs.” Continue Reading CFPB Launches Public Inquiry into Mortgage Closing ‘Junk Fees’
GOP Lawmakers Question Proposed Freddie Mac Expansion into Second Mortgages
The lawmakers said the proposal would turn Freddie Mac “into a massive consumer loan guarantor.” Continue Reading GOP Lawmakers Question Proposed Freddie Mac Expansion into Second Mortgages
Mortgage Rates Back Above 7%
A year ago at this time, the 30-year fixed-rate mortgage averaged 6.79%. Continue Reading Mortgage Rates Back Above 7%
Pending Home Sales Slumped in April
All four regions registered month-over-month and year-over-year decreases. Continue Reading Pending Home Sales Slumped in April
Redfin: More Home Sellers Cutting Their Asking Prices
The median asking price was slashed by roughly $3,000 to $416,623 in the last week. Continue Reading Redfin: More Home Sellers Cutting Their Asking Prices
Fewer Zombie Foreclosures in Q2 Housing Market
A total of 6,945 residential properties facing possible foreclosure have been vacated by their owners nationwide in the second quarter. Continue Reading Fewer Zombie Foreclosures in Q2 Housing Market
Zillow Names Phoenix as the Best Housing Market for New College Graduates
Phoenix topped the list due to a strong job market and a large percentage of rental listings on Zillow offering a concession. Continue Reading Zillow Names Phoenix as the Best Housing Market for New College Graduates
Goldman Sachs Executive Beth M. Hammack to Lead Cleveland Fed
Hammack will succeed Loretta J. Mester, whose tenure ends on June 30. Continue Reading Goldman Sachs Executive Beth M. Hammack to Lead Cleveland Fed
Pee-wee’s Real-Life Playhouse Listed for $5 Million
The zany comic actor acquired the property in 1985 for $415,000. Continue Reading Pee-wee’s Real-Life Playhouse Listed for $5 Million
Netflix Releases Trailer of Ryan Serhant Series ‘Owning Manhattan’
The eight-episode series launches June 28. Continue Reading Netflix Releases Trailer of Ryan Serhant Series ‘Owning Manhattan’
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