A new bipartisan initiative in the US House of Representatives has reintroduced the Affordable Housing Credit Improvement Act, with the goal of financing the development of nearly 2 million affordable homes. The new version of the legislation seeks to increase the...
Three years after a New York City law created an unofficial block on short-term rentals, Airbnb (NASDAQ: ABNB) has launched a new effort to influence candidates in this year’s municipal elections with campaign donations. The Gothamist reports the company’s Affordable...
Toronto-based Amexon Development Corporation has unveiled e-lofts, a new rental community designed for contemporary loft-style living. According to the company, e-lofts will transform an existing 15-story Toronto office building into a residential property. The...
A penthouse atop the world’s tallest building has been listed for $51 million. Elle Décor reports the 107th and 108th floors of the Burj Khalifa are approximately 1,300 feet above the streets of Dubai. The 21,000-square-foot unit has floor-to-ceiling glass walls...
Zillow (NASDAQ: Z, ZG) has announced it is enacting the National Association of Realtors’ (NAR) Clear Cooperation Policy with “new standards for listing transparency” that bans private listings from its platform. According to the Seattle-headquartered company, the new...
A total of 22,021 homes went under contract in March across the Mid-Atlantic market serviced by Bright MLS, which reflects a 39.5% month-over-month upswing. On a year-over-year basis, pending sales were up 2.8%. There were 24,654 new listings coming onto the market...