Baltimore’s City Council is considering a new bill that would boost property taxes on vacant lots. The Baltimore Banner reports that vacant lots are taxed $2.248 per $100 of assessed value, the same rate as parcels with structures. Last year, the City Council voted to...
RE/MAX Holdings Inc. (NYSE: RMAX), parent company of REMAX and Motto Mortgage, has hired Vic Lombardo as president of mortgage services. In his new role, Lombardo will oversee growth and operations for the company’s mortgage services, including Motto Mortgage...
Farmer Mac (NYSE: AGM, AGM.A) announced the hiring of Geraldine Hayhurst as executive vice president – chief legal officer and secretary, effective Sept. 8. Current Executive Vice President – General Counsel and Secretary Stephen Mullery will retire on April 3, 2026,...
According to a report this morning in Weekly Real Estate News, the city of Ivins, Utah, approved a stunning 34% property tax increase for local homeowners. For a community already wrestling with the rising costs of housing, inflation at the grocery store, and energy...
The Department of Housing and Urban Development (HUD) is changing its internal policy for English to become its sole language in its services and affairs. The New York Post cited an internal memo obtained from HUD on the policy change, which aligns with President...
Real and nominal wage growth for residential building workers slowed during the second quarter, according to an analysis of Bureau of Labor Statistics data published by the National Association of Home Builders (NAHB). The new data analysis determined that the average...
