Real Estate News & Insights
New Charges Against Virginia Real Estate Agent Indicted for Construction Fraud
Two additional felony construction fraud charges were brought against Amy Argenbright last week on separate cases. Continue Reading New Charges Against Virginia Real Estate Agent Indicted for Construction Fraud
Vermont Homeowners Face 12% Property Tax Hike
If the latest tax hike goes into effect, homeowners in the Green Mountain State will have shouldered a 41% rise in property taxes over the past five years. Continue Reading Vermont Homeowners Face 12% Property Tax Hike
Freddie Mac Reports Decline in Mortgage Rates
“As inflation slows, mortgage rates decreased this week,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Freddie Mac Reports Decline in Mortgage Rates
NAR: Existing Home Sales Down in June
The median existing-home price for all housing types in June was $410,200, the second-highest price of all time. Continue Reading NAR: Existing Home Sales Down in June
Q2 Profit Margins on Home Sales Reach Nearly 48%
ATTOM CEO Rob Barber said seller profits were “back up to nearly their highest level in the past decade.” Continue Reading Q2 Profit Margins on Home Sales Reach Nearly 48%
New York State’s Housing Market Remains Weak
Closed sales totaled 10,186 last month, down 22.2% from the 13,095 sales in June 2022. Continue Reading New York State’s Housing Market Remains Weak
Extra Space Storage Completes Merger with Life Storage
The $12.7 billion, all-stock transaction creates the nation’s largest storage operator. Continue Reading Extra Space Storage Completes Merger with Life Storage
Texas Q2 Median Home Price Down 3.1%
The second quarter saw fewer closed sales – 96,541, a 10.8% year-over-year decline. Continue Reading Texas Q2 Median Home Price Down 3.1%
San Francisco Mayor Proposes Turning Empty Offices Into Schoolrooms
The mayor proposed razing the half-vacant San Francisco Centre shopping mall and turning it into a soccer stadium. Continue Reading San Francisco Mayor Proposes Turning Empty Offices Into Schoolrooms
New Executive Director at Notre Dame’s Fitzgerald Institute for Real Estate
Michael O’Malley joins FIRE from Pennybacker Capital, a real estate private equity firm in Austin. Continue Reading New Executive Director at Notre Dame’s Fitzgerald Institute for Real Estate
Simon Chen Named President and CEO at Arrival Home Loans
Chen was managing partner at August Hill, an advisory firm for startups, capital providers and industry partners. Continue Reading Simon Chen Named President and CEO at Arrival Home Loans
Timothy Saunders Named Chief Legal Officer at Angel Oak Companies
He was previously general counsel and chief compliance officer at Reverence Capital Partners. Continue Reading Timothy Saunders Named Chief Legal Officer at Angel Oak Companies
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