The Wyoming Realtors Association’s political action committee (PAC) has spent nearly $550,000 to rally voter support for the passage of Amendment A, which would create a fourth class of taxation for residential properties. Amendment A states: “The adoption of this...
The U.S. Department of Housing and Urban Development (HUD) has allocated $1.7 million to Asheville, North Carolina, to be used in the recovery efforts following Hurricane Helene. The new funding will be used to support the reconstruction of damaged homes, businesses,...
Longtime mortgage industry executive Frank Pallotta has set up an exploratory committee to consider a run for New Jersey’s 39th Legislative District Assembly seat. Pallotta is considering a potential challenge to incumbent Assemblyman Robert Auth for the Republican...
The Appraisal Institute has criticized the Federal Housing Finance Agency’s (FHFA) updates to several appraisal policies for the government-sponsored enterprises (GSEs) Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCBQ: FMCC). In a press statement, Appraisal Institute...
Meritage Homes (NYSE:MTH), a Scottsdale, Arizona-based homebuilder, has expanded into the Gulf Coast markets through the acquisition of Elliott Homes. Elliott Homes operates in Mississippi, Alabama and the Florida panhandle. With this acquisition, Meritage will...
The family of the missing Texas real estate agent Suzanne Clark Simpson is warning the public against phony online fundraisers claiming to seek funds on behalf of her children. The San Antonio Express News reported Simpson has four children – ages 20, 18, 15 and 5....
Hits and Misses for the Real Estate Week of March 16-20
