Tag Archives: News Brief

California woman posed as real estate agent to scam homebuyers

By Veronika Bondarenko | April 15, 2019 - 6:41 pm |April 15, 2019 Uncategorized

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California police have arrested a woman who posed as a real estate agent in order to swipe tens of thousands of dollars in deposit money from homebuyers. Continue reading →

Most homebuyers are willing to shell out big-time for renovations

By Veronika Bondarenko | April 15, 2019 - 12:59 pm |April 15, 2019 Uncategorized

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More than half of all home shoppers said that they’d be willing to spend $20,000 on home renovations, according to a new survey by Realtor.com. Continue reading →

General Electric will pay $1.5 billion over subprime lending

By Jim Dalrymple II | April 12, 2019 - 5:45 pm |April 12, 2019 Uncategorized

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General Electric has agreed to pay $1.5 billion to the U.S. Justice Department over allegations that one of its subsidiary businesses made misrepresentations related to subprime lending. Continue reading →

Real estate investor accused of billion-dollar Ponzi scheme

By 'Tiffany Louise' Ozherelyeva | April 12, 2019 - 4:23 pm |April 12, 2019 Uncategorized

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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 →

Low mortgage rates are leading to more affordability: NAR

By Patrick Kearns | April 12, 2019 - 2:16 pm |April 12, 2019 Uncategorized

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The National Association of Realtors affordability index ticked up in February, meaning the typical family had more estimated income to afford a home at the national median price. Continue reading →

Police launch website asking for tips on Realtor’s unsolved murder

By Veronika Bondarenko | April 12, 2019 - 1:54 pm |April 12, 2019 Uncategorized

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In an effort to finally solve the 2011 murder of a young Realtor, Iowa police have launched a website in which the public can submit tips about the crime. Continue reading →

Joseph Gordon-Levitt lists classy, 1940s-era LA home for $3.85M

By Veronika Bondarenko | April 12, 2019 - 1:01 pm |April 12, 2019 Uncategorized

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Actor Joseph Gordon-Levitt is moving on. His stylish 1940s Los Angeles ranch property just hit the market for $3.85 million. Continue reading →

Insurance startup Lemonade raises $300M funding round

By Jim Dalrymple II | April 11, 2019 - 5:43 pm |April 11, 2019 Uncategorized

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Lemonade, a tech-centric insurance startup that uses artificial intelligence, announced Thursday it had raised $300 million in a new round of funding. Continue reading →

You can now buy an entire town in Indiana for $3.8M

By Veronika Bondarenko | April 11, 2019 - 2:36 pm |April 11, 2019 Uncategorized

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If you’ve ever dreamed of owning a town, now’s your chance. The historic town of Story, Indiana – population, three — is up for sale for $3.8 million. Continue reading →

Zillow and Redfin not worried about Vancouver sales slowdown

By Veronika Bondarenko | April 10, 2019 - 9:38 pm |April 10, 2019 Uncategorized

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The two U.S. real estate giants just launched north-of-the-border as the market in one of the hottest cities is contracting. Continue reading →