Prominent NYC Real Estate Developer Charged in $86M Fraud Scheme

Published by FOX Business | February 8, 2024 The case stems from a failed luxury condo project called ‘The XI’ and 34-story office skyscraper dubbed ’29th & 5th’ A once high-flying New York real estate developer and several other industry executive bigwigs have been indicted for stealing more than $86 million from investors and subcontractors through …

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The Housing Market Sees the ‘Biggest Jump’ in 3 Years

Published by REALTOR.com | February 9, 2023 Spring might be coming early—particularly for the housing market. The biggest indicator that the largely frozen market is thawing is the massive spike of fresh listings that sellers added to the market, according to the latest data from Realtor.com®. New listings were up by a whopping 12.8% for the week …

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Real Estate Fraud Risk is on The Rise, and Victims Are Sounding The Alarm

Published by FOX Business | February 6, 2024 Real estate wire fraud is surging, and victims are calling for awareness and recourse as cybercriminals become increasingly cunning. Purchasing a home is an exciting milestone in a person’s life, but criminals are increasingly exploiting such transactions through real estate fraud, robbing victims who are often left with little …

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When You Should (and Shouldn’t) Pull Out Equity from Your Rental Property

Published by Think Realty | January 29, 2024 While there are many good reasons to do so, there are also situations in which pulling equity out of an investment property simply does not make sense. Investing in single-family rental properties brings many rewards, but perhaps none can grow an investor’s wealth better than equity. As …

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Is the Housing Market Bouncing Back—or Bouncing Back and Forth?

Published by REALTOR.com | February 1, 2024 The housing market’s outlook remains murky in part because the Federal Reserve’s battle against inflation is not yet over. Is the housing market bouncing back in 2024—or just bouncing back and forth? There have been some signs of housing inventory recovering, with the number of homes actively for …

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The 15 Most Expensive U.S. Neighborhoods Per Square Foot

Published by CNBC | January 29, 2023 No. 1 is 2,000% higher than average South of Market is a historic San Francisco downtown district with museums, a vibrant nightlife and a desirable mix of loft buildings and high-rise luxury condominiums. It also happens to be the most expensive neighborhood in the U.S., as measured by …

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Major U.S. Cities Create Innovative Solutions Amidst Continuing Housing Crisis

Published by FOX Business | January 25, 2024 Cities across the country are finding unique ways to add more housing with limited land. A Charlotte motel will soon become an apartment complex. A Rodeway Inn in Charlotte’s northern part of town is currently in the closing process with a Washington-based developer, Sage Investments LLC. The …

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The New Battle in Divorce: Who Gets Custody of the Low Mortgage Rate?

Published by REALTOR.com | January 23, 2024 When a marriage splits up, the question of who walks away with the lower mortgage rate sparks far more than casual jealousy When Ann Shea, 44, was finalizing a divorce last year, she knew she wanted to keep the suburban Chicago home where she was raising her school-age …

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