The Departments of Housing and Urban Development (HUD) and Agriculture (USDA) have rescinded a Biden-era policy requiring all new home construction ineligible for an FHA or USDA-backed mortgage loans unless the property was built according to the 2021 International...
A proposed redevelopment project in Albany, New York, that was centered around the creation of an 8,000-seat minor league soccer stadium is going forward without the sports venue. The Albany Times-Union reports the project to reanimate the downtown section of the New...
Single-family housing starts in March were at a rate of 1.03 million, a 9.7% spike from the revised February figure of 941,000. According to data from the US Census Bureau and the Department of Housing and Urban Development, privately-owned housing starts in March...
Hedge fund executive Ken Griffin announced he is meeting with New York Gov. Kathy Hochul on Thursday after New York City Mayor Zohran Mamdani singled him out while advocating for a new tax on luxury real estate. Reuters reports Griffin, the founder and CEO of Citadel...
Alabama experienced 5,438 homes sales in March, which is 435 more than in February (an 8.25% rise) but a decrease from the 776 sales in the same period one year ago (a 12.5%. drop). According to data from the Alabama Association of Realtors, March had a 5.3-month...
The South Korean government has created new tools designed to track how cryptocurrency is being used in real estate transactions. Crypto Times reports the National Tax Service (NTS) will roll out the Integrated Virtual Asset Analysis System that will enable...