Real Estate News & Insights
Ex-Seattle Real Estate Agent Convicted on Multiple Fraud Charges
All the remaining investors lost their entire investments, totaling $2.4 million. Continue Reading Ex-Seattle Real Estate Agent Convicted on Multiple Fraud Charges
Ohio Governor Signs 5 Property Tax Relief Bills into Law
Gov. DeWine said the bills provide “meaningful relief” compared to a potential ballot measure that would eliminate property taxes. Continue Reading Ohio Governor Signs 5 Property Tax Relief Bills into Law
21.8% Increase in New Home Purchase Mortgage Applications
The average loan size for new homes decreased from $390,225 in October to $390,049 in November. Continue Reading 21.8% Increase in New Home Purchase Mortgage Applications
Housing Starts Surged in November
Single‐family authorizations in November were at a rate of 976,000, a 0.7% uptick from the revised October figure of 969,000. Continue Reading Housing Starts Surged in November
A Phil Hall Op-Ed: What Will 2024 Offer Us?
Editor Phil Hall offers a few predictions on the state of the economy and housing world in 2024. Continue Reading A Phil Hall Op-Ed: What Will 2024 Offer Us?
Study: 1 in 5 Canadians Struggling to Cover Their Basic Needs
“We understand this is a very difficult time for many Canadians,” says Lt. Col. John Murray, Salvation Army Canada territorial secretary for communications. Continue Reading Study: 1 in 5 Canadians Struggling to Cover Their Basic Needs
Institutional Property Advisors Brokers $171 Million California Multifamily Portfolio Sale
“The properties represent 11% of the total market-rate housing stock in Thousand Oaks,” said Kevin Green, IPA executive managing director investments. Continue Reading Institutional Property Advisors Brokers $171 Million California Multifamily Portfolio Sale
Builder Confidence Rises for First Time in Four Months
NAHB Chairman Alicia Huey said, “Boosting new home production is the best way to ease the affordability crisis, expand housing inventory and lower inflation.” Continue Reading Builder Confidence Rises for First Time in Four Months
Real Estate Investor Pleads Guilty to $165 Million Mortgage Fraud Conspiracy
Boruch “Barry” Drillman pleaded guilty to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Pleads Guilty to $165 Million Mortgage Fraud Conspiracy
Study: Self Storage Industry Being Impacted by Housing Market’s Headwinds
The report found the asking rates for same-store climate-controlled units fell in all major metros. Continue Reading Study: Self Storage Industry Being Impacted by Housing Market’s Headwinds
Royal LePage du Quartier Adds Montreal Brokerage to its Network
“We are thrilled to welcome Royal LePage Alliance to our family of brokers,” says Fadi Kaouk, co-owner of Royal LePage du Quartier. Continue Reading Royal LePage du Quartier Adds Montreal Brokerage to its Network
Hits and Misses for the Real Estate Week of Dec. 11-15
This week’s Hits and Misses include the Fed’s mixed messaging, Dolly Parton’s embrace of commercial real estate and startling new data on homelessness. Continue Reading Hits and Misses for the Real Estate Week of Dec. 11-15
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