Real estate pro sentenced in fraud scheme, blames ex-husband
A former real estate professional who ran a fraudulent investment fund along with her ex-husband was sentenced to 55 months in prison Friday after a jury convicted her of wire fraud, money laundering and tax fraud in a scheme that stole more than $2 million from 22 victims, most of them Seattle residents.
Read moreRocket, Redfin offer homebuyers up to $20K savings
Rocket is offering clients up to $20,000 in lender-paid credits and commission discounts when they buy, sell and finance with Redfin and Rocket Mortgage.
Read moreZillow, MRED and a midnight deadline in Chicago
Either the courts will decide the listing rules in the next several hours, coach Darryl Davis writes, or the most powerful players in residential real estate will decide them by attrition.
Read moreDon’t expect mortgage rate relief anytime soon: Fannie Mae
Fannie Mae's May housing forecast locks in a 6.3 percent average 30-year rate through the end of 2026 and most of 2027, as the Iran War keeps inflation elevated and Federal Reserve rate cuts off the table.
Read moreNAR: Pending sales up, but supply crunch threatens affordability
Pending home sales rose in April, but NAR Chief Economist Dr. Lawrence Yun warned the gains could be undermined by a deepening supply shortage that risks pushing home price growth past wage growth.
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