Homeowners in Buffalo, New York, face the prospect of an 8% increase in their property tax under the $622 million budget proposed by Acting Mayor Chris Scanlon. WBEN reports Scanlon is proposing the tax hike to fill a $17 million mid-year budget fall that he inherited...
Real estate developer Arman Gabaee, co-managing partner at the Charles Company, has established the Arman Gabaee Scholarship for Real Estate. The new $1,000 award is open to all undergraduate students currently enrolled in accredited colleges or universities, and...
The Federal Housing Finance Agency (FHFA) announced the firing of more than 100 Fannie Mae (OTCQB: FNMA), citing unspecified “unethical conduct.” In a statement, FHFA Director and Fannie Mae Chairman Bill Pulte declared the firings have occurred since he was sworn...
Housing and Urban Development (HUD) Secretary Scott Turner announced the Federal Housing Administration (FHA) is extending its foreclosure moratoriums on FHA-insured single-family mortgages in areas impacted by Hurricanes Helene and Milton by an additional 90 days....
Roof repair and replacement cost value totaled nearly $31 billion in 2024, according to the US Roofing Realities Trend Report published by Verisk (NASDAQ: VRSK). This is a nearly 30% surge since 2022. Roof related line items made up more than one-quarter of all...
Foundational Builders Corporation, a Los Angeles-based residential and commercial construction firm, announced its expansion beyond California into Arizona and Florida. According to the company, the expansion “aligns with the company’s long-term vision of addressing...
