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Frontdoor Acquires 2-10 Home Buyers Warranty for $585 Million

Frontdoor Acquires 2-10 Home Buyers Warranty for $585 Million

by Phil Hall | Jun 4, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Frontdoor Inc. (NASDAQ: FTDR), a Memphis-headquartered provider of home warranties, announced it has acquired 2-10 Home Buyers Warranty (2-10 HBW) in an all-cash transaction valued at $585 million. Founded in Denver in 1980, 2-10 HBW’s new home structural warranty...
Ohio GOP Lawmakers Offer Property Tax Cap as Constitutional Amendment

Ohio GOP Lawmakers Offer Property Tax Cap as Constitutional Amendment

by Phil Hall | Jun 4, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two Republican lawmakers in the Ohio legislature are proposing a constitutional amendment designed to cap property tax increases. According to the Columbus Dispatch, Reps. Beth Lear and Scott Wiggam proposed the amendment that would limit property tax increases to the...
Massachusetts Lawmakers Drop Governor’s ‘Mansion Tax’ Proposal from Budget Bill

Massachusetts Lawmakers Drop Governor’s ‘Mansion Tax’ Proposal from Budget Bill

by Phil Hall | Jun 4, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Democrat-controlled Massachusetts House of Representatives has dropped Gov. Maura Healey’s “mansion tax” proposal from the housing bond bill that will be voted on this week. The State House News Service reported the $4.1 billion housing bond bill moved by the...
Survey: 91% of Gen Zers Cite Housing Affordability as Top Election Year Issue

Survey: 91% of Gen Zers Cite Housing Affordability as Top Election Year Issue

by Phil Hall | Jun 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey from Redfin (NASDAQ:RDFN) found more than nine in 10 (91%) adult Gen Zers declaring that housing affordability is their top issue in this year’s presidential election. Gen Zers rated housing affordability as a more important factor in their vote than any...
NYC Reopens Section 8 Housing Wait List After 15-Year Closure

NYC Reopens Section 8 Housing Wait List After 15-Year Closure

by Phil Hall | Jun 3, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The New York City Housing Authority (NYCHA) is reopening the wait list for Section 8 housing applications for the first time in nearly 15 years. According to WABC News, applications for NYCHA’s Housing Choice Voucher program will be open starting at midnight on...
Poll: Massachusetts Voters Voice Greatest Concerns Over Housing Challenges

Poll: Massachusetts Voters Voice Greatest Concerns Over Housing Challenges

by Phil Hall | Jun 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing issues are the most pressing issues among Massachusetts voters in the current election year. According to a new UMass Amherst/WCVB poll, 34% of respondents said the lack of housing and the absence of affordability were the top political issue they want...
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