How fraud gets stopped in its tracks by real estate and title pros
Preservation of evidence and quick reporting is key in combatting schemes that led to $275 million in losses last year.
Home Sales
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Will new tax on ultra-luxury NYC homes derail red-hot demand?
The proposed tax would apply to second homes valued above $5 million, with higher rates for properties exceeding $15 million and $25 million.
DeCaro Auctions expands executive team
New appointments include chief operating officer, chief marketing officer and head of global alliances and partnerships.
FinCEN’s anti-money laundering rule struck down: what real estate and title professionals need to know
Legal observers warn that FinCEN retains broad authority over real estate transactions — and could ultimately impose stricter requirements.
No exodus after all? Manhattan luxury market sales accelerate under Mamdani
With Zohran Mamdani mayor and debate over a possible city wealth tax or property tax increase, market data shows no sign of a luxury exodus.
Jason Mitchell Group adds LitFinancial to referral network
The Jason Mitchell Group facilitated more than 140,000 referrals in 2024 — resulting in $6 billion in closed sales volume.
Don’t count on the ‘silver tsunami’ for housing inventory surge
Baby boomers own a historically large share of homes and are less likely to move or downsize as they age, according to a Cotality report.
Senior home sellers take a hit on profits
Researchers found that sellers in their 70s and beyond consistently earn lower sales proceeds than younger homeowners.
Home price growth slows, affordability pressures persist
Despite a modest home price uptick, growth remains near its weakest pace since mid-2023 and continues to trail consumer inflation.
Distressed property auctions outperform traditional REO sales
Estimated net proceeds for auction sales were 43% higher than for traditional REO dispositions through the third quarter.