A report from the Globe and Mail in Canada. "Dirty money is not a problem contained to casinos and the luxury car trade. It involves billions of dollars tumbling through the real estate market - an estimated $5-billion just in…
A weekend topic starting with the Globe and Mail in Canada. "One out of every 10 condos built between 2016 and 2017 in the city of Toronto is owned by a non-resident of Canada. And nearly 9 per cent of…
A report from the Dallas Morning News in Texas. "A familiar sign popping up in front of Dallas-Fort Worth homes reads 'Price Reduced.' Almost 17 percent of homes listed for sale with real estate agents in North Texas have had…
A report from the Globe and Mail in Canada. "Not so long ago, real estate industry and government officials were doing their best to shut down concerns that skyrocketing housing prices in Vancouver and Toronto were related to non-resident buying.…
A report from the Globe and Mail in Canada. "A prominent Vancouver immigration lawyer and other experts are praising the surprising amount of information that the province has demanded on the declaration form for its new Speculation and Vacancy Tax…
Two reports from the Australian Financial Review. "Sydney-based mortgage broker Zenik Finance Solution, which made nearly $1 billion in home loans for the big four banks and Macquarie Bank, has engaged in "widespread and systemic mortgage fraud" for years while…
A report from the Boston Globe in Massachusetts. "Secret buyers of luxury real estate in Greater Boston will soon get extra scrutiny. The US Treasury Department has added Suffolk and Middlesex Counties to a program that requires people who buy…
A report from the Vancouver Star in Canada. "With its slightly kitschy but homey pine-panelled interior, stunning view of the ocean and backyard swimming pool, it’s easy to imagine a family living in the four-bedroom home on Russet Way in…
A weekend topic starting with Crain's New York Business. "The alleged masterminds behind a $4 billion international fraud, the investigation of which revealed how easily illicit money from around the world can find its way into major New York City…
A report from Mansion Global on New York. "Luxury home sellers in Manhattan are dishing out major discounts to get the deal done. They signed contracts for 21 homes priced at $4 million or more in the week ending Sunday,…