The Mortgage Bankers Association (MBA) has announced its opposition to a Biden administration plan to impose a 10% cap on annual rent hikes on properties that rely on the Low-Income Housing Tax Credit (LIHTC). In a press statement, MBA President and CEO Bob Broeksmit...
DoorDash (NASDAQ: DASH) has announced it will begin to offer on-demand delivery services from more than 1,700 U.S. stores operated by Lowe’s Companies Inc. (NYSE: LOW). This partnership is DoorDash’s first foray into the home improvement category. Lowe’s products can...
The Home Depot (NYSE:HD) is acquiring SRS Distribution Inc., a residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor, for $18.25 billion. SRS employs a 2,500-plus professional sales...
The lead plaintiff in the Sitzer/Burnett case stated that landmark lawsuit was based on her real estate agent’s refusal to negotiate her commission – but rather than sue the agent, she was steered into suing the trade association representing real estate...
Budge Huskey, the president and CEO of Premier Sotheby’s International Realty, has issued an eight-point statement that challenges assumptions raised the mainstream media about the $418 million settlement announced by the National Association of Realtors (NAR)....
The National Association of Realtors (NAR) is taking credit for last week’s rejection by Chicago voters of a ballot referendum that would have changed the city’s real estate transfer tax structure. Chicago voters rejected the referendum 54% to 46% ratio. In a website...
