After four days of deliberation, a federal jury in Ann Arbor on Wednesday found Tom Gjokaj of Sterling Heights guilty of bank fraud in a $7.6 million mortgage fraud committed in 2007. The jury couldn’t reach unanimous verdicts against two other defendants, James Wiese of Birmingham and Ilir Dokaj of Sterling Heights.
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The National Association of Realtors board of directors voted 729-70 on Monday to ban the controversial practice of “pocket listings.”
Although the nation’s low-interest rates continue to drive purchasing demand, a report from Redfin indicates America’s bidding competition weakened in October.