DOJ requests information on Alexander brothers from Douglas Elliman

The downfall of the Alexander brothers has become a drag on their former brokerage. The Department of Justice (DOJ) has requested information from Douglas Elliman about Oren and Tal Alexander’s time there, when the pair became star luxury real estate brokers. As reported by Bloomberg News, Douglas E
Read MoreTrump’s search for watchdog chiefs could be complicated by promises of regulatory cuts

President-elect Donald Trump announced a flurry of nominees to his new administration leading up to the Thanksgiving holiday, but notably absent from these announcements were picks to lead various financial regulators, including the Consumer Financial Protection Bureau (CFPB). This is according to r
Read MoreFix-and-flip profits fell in Q3 2024. Are investors leaving the market?

Fix-and-flip investors took a hit in the third quarter of 2024 as flipped properties accounted for a smaller share of U.S. home sales compared to the previous quarter. Short-term real estate investors saw a 28.7% return on investment (ROI), down from 31.2% in Q2 2024, according to an Attom report re
Read MoreHousing demand resilient even with higher mortgage rates
The holiday season is here, and despite higher mortgage rates last week, housing demand is displaying some festive resilience. Typically, we expect a decrease in activity with elevated rates, but a seasonal boost is helping the purchase application data over the last month. Additionally, our pending
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