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Developer Builds Mansion on Wrong Lot

Builders spent six months building a custom 5,300-square-foot house with ocean views in Hammock Dunes, Fla., but when the Missouri couple who had the home built went to look at their...

NAR to FAA: Lift Ban on Drones

The National Association of REALTORS® sent a letter this week to the Federal Aviation Administration asking the agency to consider permitting the use of drones, or Unmanned Aerial...

Millennials Finally Moving Out on Their Own?

A record number of younger Americans have been living with their parents, which has greatly reduced household formation in recent years. But as the economy improves, more are finally...

Get a Discount on Your Mortgage

Lending giants Bank of America Corp. and Citigroup reportedly will offer mortgages at discounted rates to stir more lending among low-income borrowers and those with subprime credit...

Commercial Sectors Surge on Improved Economy

After several false starts, the economy is finally gaining ground, and stronger growth is boosting the outlook for all of the major commercial real estate sectors, according to the...

Amerisave On the Hook for Alleged Mortgage Scheme

The Consumer Financial Protection Bureau is ordering Amerisave Mortgage to pay $19.3 million, alleging the lender scammed thousands of customers with a bait-and-switch mortgage-lending...

Survey: Buyers, Sellers ‘Not on the Same Page’

Home buyers and sellers are “not on the same page” when it comes to the state of the housing market, according to a new Redfin survey of 707 of its agents and partner agents across...

Developer Must Remove $1.8M Home on Parkland

A Rhode Island developer has been ordered to remove a $1.8 million waterfront home in Narragansett, R.I., that was mistakenly built on land owned by a park foundation. Four Twenty...

NAR Set to Vote on Core Organizational Standards

REALTOR® leaders meeting in Washington, D.C., this week are poised to vote on a proposed set of core standards—not for themselves but for the state, local, and territorial...

Fed Chair Sounds Cautionary Note On Housing

Federal Reserve Chairwoman Janet L. Yellen testified on Wednesday to lawmakers that a slowdown in housing could pose a risk to the economic recovery. “Readings on housing activity, a...