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Philadelphia Real Estate Agent Pleads Guilty to Loan Fraud Scheme

Philadelphia Real Estate Agent Pleads Guilty to Loan Fraud Scheme

by Phil Hall | Sep 29, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A Philadelphia real estate agent has pleaded guilty to one count of wire fraud and one count of making an illegal monetary transaction, in connection with a fraudulent loan scheme. Jonathan Barach was a licensed residential real estate agent who served as co-founder...

Philadelphia Launches System to Detect Deed Fraud with Forgeries of Dead Homeowners

by Phil Hall | Sep 5, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The City of Philadelphia is now using a new deed fraud detection technology that can verify if the signatory on the title was alive when property ownership was transferred. The technology involves an automated vital status verification system that compares the names...
Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing

Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing

by Phil Hall | Aug 12, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The summer doldrums weighted on the Mid-Atlantic markets in the Bright MLS service area, which recorded a 2.8% year-over-year decline in closed sales during July. Last month, there were 20,847 new pending contracts in the Bright MLS service area, down by 1.7% from the...
Citadel Credit Union Debuts Program to Aid Philadelphia-Area Black and Hispanic Homeowners

Citadel Credit Union Debuts Program to Aid Philadelphia-Area Black and Hispanic Homeowners

by Phil Hall | Aug 6, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Exton, Pennsylvania-based Citadel Credit Union has launched the Home Help Program, a $6 million initiative focused on Black and Hispanic homeownership across Philadelphia County. The program will provide provides up to $18,000 in assistance for purchase, refinance, or...
Hits and Misses for the Real Estate Week of June 30-July 4

Hits and Misses for the Real Estate Week of June 30-July 4

by Phil Hall | Jul 4, 2025 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

Property tax reform in Missouri, the future of Pope Leo’s childhood home, and Kim Jong Un’s beachfront resort. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 30-July 4. Hit: Public Involvement in Property Tax Reform. A...
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