Housing and Urban Development (HUD) Secretary Scott Turner announced residency requirements for Federal Housing Administration (FHA)-insured mortgages were changed to eliminate the “non-permanent residents” category from the Title I and Title II programs. In a...
Major expenses on median-priced homes currently consume 32% of the average national wage, according to the First Quarter US Home Affordability Report published by ATTOM. That share is nearly unchanged from the fourth quarter of 2024 and up by about one percentage...
Weichert Real Estate Affiliates Inc. has announced its first international expansion through a licensing agreement with HomeLovers, a real estate firm based in Lisbon, Portugal. The Portuguese brokerage will operate under the new name HomeLovers – Weichert while...
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 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...
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...
