Oct 02 Trump remains defiant in New York fraud trial that accuses him of lying about wealth By Michael Sisak, Jake Offenhartz, Jennifer Peltz, Associated Press Aggrieved and defiant, former President Donald Trump sat through hours of sometimes testy opening statements Monday in a fraud lawsuit that could cost him control of Trump Tower and other prized properties. Continue reading
Sep 26 Judge rules Trump defrauded banks, insurers as he built his real estate empire By Michael R. Sisak, Associated Press A judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House. Continue reading
Aug 17 After wildfires, Hawaii vows to protect Maui landowners from pressure to sell By Bobby Caina Calvan, Jennifer Kelleher, Christopher Weber, Associated Press Gov. Josh Green said Wednesday that he instructed the state attorney general to work toward a moratorium on land transactions in Lahaina, even as he acknowledged the move would likely face legal challenges. Continue reading
May 18 Sam Zell, billionaire real estate investor, dies at 81 By Associated Press Bearded and blunt-spoken, Zell reveled in bucking traditional wisdom. He had a golden touch with real estate, and got his start managing apartment buildings as a college student. Continue reading
Aug 22 Ethics board says South Dakota Gov. Kristi Noem may have ‘engaged in misconduct’ By Stephen Groves, Associated Press A South Dakota ethics board has found enough information that Noem may have "engaged in misconduct" when she intervened in her daughter's application for a real estate appraiser license to potentially take action against the Republican governor. Continue reading
Dec 08 A new ratings industry is emerging to help homebuyers assess climate risks By Matthew E. Kahn, The Conversation Private companies rate all kinds of investments, from stocks to used cars. Now, they’re starting to analyze climate risks to local real estate – but how reliable are their findings?… Continue reading
Sep 22 Existing U.S. home sales fell in August, price growth slows By Alex Veiga, Associated Press Sales of previously occupied U.S. homes fell in August and prices that have been soaring eased, the latest sign the housing market is cooling as intense competition leaves many would-be buyers on the sidelines. Existing homes sales fell 2% last… Continue reading
Aug 10 Houses are getting scooped up before they’re listed. It’s shutting people out of homeownership By Courtney Vinopal As U.S. home prices surge while housing inventory is at a historic low, some real estate agents say the tight market is becoming even more competitive through the practice of so-called “pocket listing” deals that are sold to buyers before… Continue reading
Aug 04 Watch 8:16 As housing costs boom, how home-buyers in one city search for affordability By Paul Solman As the U.S. grapples with the coronavirus, housing costs are skyrocketing. According to the latest S&P Core Logic Case-Shiller index, home prices were up almost 17 percent over the last year -- and in many places, the jump was worse. Continue watching
Jan 21 Trump returns to a business empire ravaged by pandemic By Bernard Condon, Associated Press Donald Trump is returning to a family business ravaged by pandemic shutdowns, with revenue plunging more than 40 percent at his Doral golf property, his Washington hotel and both his Scottish resorts. Continue reading