Existing-home sales declined in March after rebound in February

Existing-home sales fell 4.9 percent in March to a seasonally adjusted annual rate of 5.21 million, according to data from the National Association of Realtors. Continue reading

Real estate investor accused of billion-dollar Ponzi scheme

A California luxury real estate developer whose homes have drawn the attention of Hollywood celebrities was arrested on charges of running a $1.3 billion-Ponzi scheme. Continue reading