The National Association of Home Builders (NAHB) has joined 15 state attorneys general in a lawsuit to stop to the US Department of Housing and Urban Development (HUD) and the US Department of Agriculture (USDA) from adopting the 2021 International Energy Conservation...
The Federal Housing Finance Agency (FHFA) and the US Department of the Treasury announced amendments to the Preferred Stock Purchase Agreements (PSPAs) related to the government-sponsored enterprises (GSEs) Fannie Mae (OTCBQ: FNMA) and Freddie Mac (OTCQB: FMCC). At...
It took 15 years and several significant price cuts, but a 78.5-acre coastal California estate with its own helipad and vineyard finally sold for $17.22 million. Mansion Global reports the property, located on the Pacific Coast Highway outside of Cambria in San Luis...
Shopoff Realty Investments announced its sale of a 9.25-acre former parking lot in Sacramento to Beazer Homes for $9.8 million. Located in the Midtown submarket of the California capital, the property was once a parking lot for the Sacramento Bee newspaper’s...
A New Jersey judge rejected a request from 26 towns for an injunction to halt the state’s affordable housing development process while their lawsuit challenging the state requirements is decided. The towns sued in October to void a state law the created guidelines for...
North Carolina’s newly-sworn-in Gov. Josh Stein signed an executive order that will enable the state to expedite the purchase up to 1,000 temporary housing units for Hurricane Helene victims. WUNC reported the executive order was Stein’s first official act as...
Hits and Misses for the Real Estate Week of April 27-May 1
