Less than three in 10 homebuyers (29%) bought a home in an all-cash transaction in December, according to a data report from Redfin. This is down from 30.3% a year earlier and the lowest December share since 2020. The peak for all-cash homebuying was nearly 35% in...
New York City Mayor Zohran Mamdani’s first “rental ripoff” hearing scheduled for Feb. 26 will not permit tenants in the city’s public housing projects to detail their complaints about the quality of their housing. The New York Post reports that only renters and...
The Department of Housing and Urban Development (HUD) has directed its Office of Fair Housing and Equal Opportunity (FHEO) to investigate a Texas mixed-use real estate development that has been accused of seeking to become a Muslim-only community operating under...
A credit union in Vermont has introduced a home financing program aligned with the principles of Islam. The Burlington Free Press reports NorthCountry Federal Credit Union has partnered with Guidance Residential, an Islamic home finance provider, that adheres to the...
A Capitol Hill conundrum on affordable homeownership, another state wants the Chicago Bears, and a historic theater reopens for business. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 9-13. Miss: A Problem, Not a...
Massachusetts Gov. Maura Healey has issued an executive order to study allowing single stair construction in some residential buildings, with the goal of changing the state’s building code to increase housing production and lower costs. The state’s building code...
