Real Estate News

Family affair: Wife, husband, and daughter all jailed for $20M mortgage fraud
Three members of a California family who ran a foreclosure company will spend more than 45 years in jail, collectively, after each was found guilty of participating in a $20 million mortgage fraud scheme that preyed on financially distressed homeowners. According to the Department of Justice,... Read More

More young families opt to rent instead of buy
More young families chose to rent instead of buy in the 10-year span from 2006-2016, according to a study by RENTCafé. Likely influenced by rising home prices, tough lending rules and a lack of entry-level homes, the number of families with minor children that owned a home decreased by 3.6 million.

These are the best and worst markets for first-time homebuyers
WalletHub, a personal finance website, assessed factors like housing affordability, tax rates and crime rates to determine the most favorable housing markets for first-time homebuyers. As more Millennials become potential homebuyers, some of these markets might best suit their housing needs and... Read More