All Posts in "Real Estate News" Category

The criminal charges against the Alexander brothers are now affecting Side’s civil lawsuit against them. Side has filed a preliminary injunction against Tal and Oren Alexander and their brokerage, Official Partners, that seeks to prevent them from dissipating, hiding or moving collateral for a loan that Side claims the brothers have defaulted on. Side —…

Mortgage applications for new-home purchases increased 7.2% year over year in November, according to data from the Mortgage Bankers Association‘s (MBA) builder application survey that was released Tuesday. Applications decreased by 12% from October 2024. “Applications to purchase newly built homes have seen annual increases since February 2023, as prospective homebuyers continue to favor new…

Despite having long ago settled the commission lawsuits, legal challenges continue to mount for real estate industry giant Anywhere. On Friday, the firm and some of its subsidiaries and agents were accused of violating the federal Racketeer Influenced and Corrupt Organizations (RICO) Act and the Lanham Act. The lawsuit, which alleges claims of false advertising,…

John Lovallo, UBS homebuilders and building products analyst, joins ‘Squawk on the Street’ to discuss the weakness in homebuilder stocks, the case that homebuilder stocks are cheap, and immigration reform in the United States.