Troubled real estate eyed as JP Morgan takes over First Republic

Berkshire Hathaway Vice Chair Charlie Munger warned of “trouble ahead” for the U.S. commercial property market as federal regulators seized First Republic Bank early Monday morning. Continue reading

Miami Luxury agent Daniela Rendon pleads guilty to PPP fraud

To launder the funds, the U.S. Attorney’s Office says Rendon enrolled with a payroll processor to issue fraudulent checks to herself, friends and family. The agent faces up to 20 years in prison if convicted, though the government is reportedly recomme… Continue reading

Low inventory prevents prices from falling even further: Report

While homeowners are staying put out of reluctance to lock in higher mortgage rates, the few homes on the market are drawing competition, according to a report released Friday by Redfin. Continue reading

Agent encounter with prowler amid digital home showing goes viral

Billings, Montana, real estate agent Alyssa Webb was taking a cellphone video of the vacant home during a tour with clients when she turned a corner and came face to face with the vagrant. Continue reading

Coldwell Banker snags 20 agents following Villa Real Estate closure

Tim Carr, Steve High, Kim Bibb, Evan Corkett, Jon Flagg and the approximately 20 agents that make up Villa Real Estate will now work under the banner of Coldwell Banker Realty, the company said. Continue reading

Pending home sales end 3-month streak of upticks in dismal March

The Pending Home Sales Index dropped by 5.2 percent in March to a reading of 78.9 — 23.2 percent lower than March 2022 levels, according to data released by the National Association of Realtors. Continue reading

Neil Gorsuch latest Supreme Court Justice to face real estate scrutiny

Weeks after Justice Clarence Thomas came under fire for real estate dealings with Texas-based developer Harlan Crow, Gorsuch is facing scrutiny over failure to disclose the identify of a buyer. Continue reading

Agents tell hoarder horror stories: ‘The sheriff couldn’t even go in’

From towering garbage to high-level stench, agents told Inman their most traumatic tales from clutter-inclined clients following the discovery of a home filled with “millions” in old comic books. Continue reading

Once again, Newark is named the worst city in the US to get stoned

The Gateway City once again ranked dead last in an annual ranking of the best cities for pot lovers, falling below Bridgeport, Connecticut, according to Lawnstarter in observance of 4/20. Continue reading