In 3 months, spending on new home construction fell by 9%

August numbers show spending on new single-family homes dropped to a seasonally adjusted annual rate of $436 billion, a 2.9 percent fall from July, according to U.S. Census Bureau data released Monday. Continue reading

Massachusetts broker gets 2.5 years for $1.8M homebuyer scheme

The U.S. District Court of Massachusetts sentenced broker Michael Flavin to 30 months in federal prison for manipulating homebuyers into signing $1.8 million in fraudulent contracts, according to The Real Deal on Sunday. Continue reading

Woman allegedly kills ex-landlord after forging $40,000 of his checks

Prosecutors say Xiu Fang Ke beat Leonard Garber with a hammer and wrapped his body in a curtain after he confronted her about forging his checks. Continue reading

Mortgage is the new money pit for portals: Mike DelPrete

Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies. Continue reading

BidMyListing secures $15M in additional funding, $20M to date

The company provides a conduit for real estate agents to bid money upfront for the opportunity to list properties. Funds provided will go to general growth initiatives, according to a statement. Continue reading

Los Angeles real estate developer arrested in murder-for-hire plot

L.A.-based developer Arthur Aslanian has been arrested for attempting to hire a hit man to kill a banker and an attorney that he collectively owed about $3.25 million, the Los Angeles Times reported on Friday. Continue reading

Circa 1910: What you should know about kitchens and bathrooms from the late Edwardian era

The kitchens and bathrooms of 1910 were well planned and functional. Older houses will probably have been upgraded and remodeled, but the footprint of the original will still be in evidence. Continue reading

Finish the year strong! Top Corcoran producers share their strategies.

People need people and as we wrap up 2022, these top performers from Corcoran will share their own approach to strengthening relationships and expanding their business into 2023. Continue reading