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NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout

NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout

by Phil Hall | Aug 7, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A trio of New York City homeowners have filed a lawsuit to delay the implementation of Mayor Zohran Mamdani’s pied-à-terre tax. The tax is designed to target the owners of luxury second homes – condominiums and co-ops valued at a minimum of $1 million and one- to...
Historic Maine Home Available for $1, Albeit with a Catch

Historic Maine Home Available for $1, Albeit with a Catch

by Phil Hall | Aug 7, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A historic home in Maine is now up for sale for $1.00, but (of course) there is a catch. The new owner can only move into the house after they move it. WMTW reports the Deering House in Bath, Maine, was built around 1900 and was originally the residence of the...
Sen. Elizabeth Warren Questions Compass and MRED Over Private Listings Plans

Sen. Elizabeth Warren Questions Compass and MRED Over Private Listings Plans

by Phil Hall | Aug 7, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sen. Elizabeth Warren (D-MA), the ranking member of the Senate Banking Committee, sent a letter to Robert Reffkin, CEO of Compass International Holdings (NYSE: COMP), and Rebecca Jensen, CEO of Midwest Real Estate Data, requesting information on their planned creation...
New Bill Seeks to Establish Portable Mortgages

New Bill Seeks to Establish Portable Mortgages

by Phil Hall | Aug 7, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new bill that would enable homeowners to transfer their existing mortgage to a new home has been introduced in Congress. Rep. Tom Kean Jr. (R-NJ) has put forth the Making Ownership Viable for Everyone (MOVE) Act, which would allow homeowners to transfer their...
Dream Finders Homes Acquires Beazer Homes for $2.2 Billion

Dream Finders Homes Acquires Beazer Homes for $2.2 Billion

by Phil Hall | Aug 7, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Dream Finders Homes Inc. (NYSE: DFH) has announced its acquisition of Beazer Homes USA Inc. (NYSE: BZH) in an all-cash transaction at an enterprise value of approximately $2.2 billion. Under the terms of the agreement, Beazer shareholders will receive $33.50 in cash...
Wood Partners and Marcus Partners Break Ground on Raleigh-Area Multifamily Community

Wood Partners and Marcus Partners Break Ground on Raleigh-Area Multifamily Community

by Phil Hall | Aug 7, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The multifamily housing developer Wood Partners and Marcus Partners, a real estate investment, management and development firm, have broken ground on a 280-unit multifamily community located in Apex, North Carolina, a suburb of Raleigh. The upcoming Altera Heights...
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