Investor purchases are sinking with the housing market at large

Investor purchases are sinking with the housing market at large

Home sales in 2024 have been well below historic norms. Higher prices, higher mortgage rates and limited inventory are making for a slow market among buyers and sellers alike. Real estate investors... Read more »
NEXA’s Grella sues Kortas over “secret, unauthorized” aircraft-related purchases

NEXA’s Grella sues Kortas over “secret, unauthorized” aircraft-related purchases

Grella filed a complaint against Kortas and his wife, Edna Montijo, in Maricopa County (Arizona) on March 19. In total, Grella claims he discovered over $1.5 million worth of “secret, unauthorized” aircraft... Read more »
Demand rose in January for new home purchases: MBA

Demand rose in January for new home purchases: MBA

Mortgage applications for new homes surged in January as a lack of existing homes continued to fuel the demand for new construction. Mortgage applications for new home purchases rose 19.1% in January... Read more »
Cash purchases of luxury homes hit all-time high: Redfin

Cash purchases of luxury homes hit all-time high: Redfin

Real estate February 1, 2024 All-cash purchases also reached an all-time high in usage. Image credit: Redfin   By Luxury Daily News Service The cost of a luxury home in the United... Read more »