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Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law

Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law

by Phil Hall | Mar 27, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Idaho Gov. Brad Little signed House Bill 304 into law a bill that cuts property taxes by $100 billion every year. The new law will shift $50 million to a state fund to reduce property taxes for Idaho homeowners while sending another $50 million to a state fund for...
Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’

Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’

by Phil Hall | Mar 27, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Minnesota Attorney General Keith Ellison announced a settlement to his September 2024 lawsuit against MV Realty that nullifies the so-called “Homeowner Benefit Agreements” (HBAs) in the contracts the company offered homeowners. In the settlement, MV Realty is...
Maine Home Sales up 6.51%

Maine Home Sales up 6.51%

by Phil Hall | Mar 27, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 753 home sales were closed in Maine last month, a 6.51% increase from the 707 sales transacted in February 2024. According to data from the Main Association of Realtors, the statewide median sales price for those sales was $381,500, a 9% jump from the...
Andrew Cuomo’s NYC Mayoral Bid Attracts Wealthy Real Estate Donors

Andrew Cuomo’s NYC Mayoral Bid Attracts Wealthy Real Estate Donors

by Phil Hall | Mar 26, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Several deep-pocketed New York City real estate executives are making generous donations to the super political action committee (PAC) backing Andrew Cuomo’s campaign to become the city’s next mayor. The New York Post reports the “Fix the City” super PAC has received...
Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70

Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70

by Phil Hall | Mar 26, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Stephen M. Green, the executive vice president and chief investment officer at the NHP Foundation, an affordable housing preservation nonprofit, passed away on March 19 at the age of 70. Born in Baltimore, Green graduated from Yale University and stayed in New Haven,...
Kolter Homes Unveils New 55+ Community in Florida

Kolter Homes Unveils New 55+ Community in Florida

by Phil Hall | Mar 26, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kolter Homes, a developer of master-planned active adult communities in Central Florida, announced the opening of its latest development, Cresswind at Hammock Oaks. Located in Lady Lake, Florida, the new 55+ community will feature over 800 homes designed for active...
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