The Honolulu Board of Realtors released resale figures Monday for the month of April. According to its analysis, single-family home down are down by 5.2 percent when compared to the same month in 2011. Condominium sales are also down by 9.5 percent year-over-year. However, single-family home prices are up by 2.6 percent when comparing the same time periods.  The median home price on Oahu was ...

A developer pleaded guilty in US District Court for his role in a mortgage fraud scheme related to multiple condominiums sales in Massachusetts. Robert H. Odimegwu, 43, was convicted Thursday in federal court after admitting to 17 counts of wire fraud and money laundering related to the scheme, the US Attorney’s Office said. He faces decades in prison and a $250,000 fine for each count of wire ...

Times Staff Writer Thursday, April 19, 2012 Florida home prices rose last month, but sales dropped. The median price of a single-family home climbed to $139,000, a 10.3 percent bump from March 2011. The median price on a condo rose 20.8 percent to $105,000, according to Florida Realtors data released Thursday. Realtors recorded 18,730 sales last month, a 5.7 percent drop from last March. Condo ...