Featured Real Estate News
Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
A federal court in Texas vacated the Financial Crimes Enforcement Network's (FinCEN) 2024 residential real estate reporting rule that required for title companies to report non-financed transfers to entities and trusts. The FinCEN rule requires title companies to...
Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
Judge Jeremy Kernodle, a Trump appointee, declared that FinCEN “fails to explain or show how non-financed residential real estate transactions are categorically ‘suspicious.'” Continue Reading Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
North Korea Opens Housing District for Families of Soldiers Killed Fighting with Russia in Ukraine
North Korea has opened a housing district in the capital of Pyongyang for the families of soldiers killed while fighting with Russian forces in Ukraine. According to combined media reports, Kim Jong-un was front and center at the opening, cutting a red ribbon and...
HUD Launches Investigation of Muslim-Only Community Proposed in Texas
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...
Vermont Credit Union Debuts Islamic Home Financing Program
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...
News & Current Events
Lawsuit Seeks to Stop Trump Takeover of Public Golf Course in Washington, DC
The administration is also accused of violating violated the National Environmental Policy Act by dumping debris from the demolition of the East Wing of the White House onto the golf course. Continue Reading Lawsuit Seeks to Stop Trump Takeover of Public Golf Course in Washington, DC
The Best State Capital to Live In Is…
Mississippi’s Jackson ranked last among the 50 state capitals. Continue Reading The Best State Capital to Live In Is…
Connecticut Rejects Request for State Funds to Build New Soccer Stadium
The $127 million in public funding sought by tech millionaire André Swanston for the home of his Connecticut United Football Club was turned down. Continue Reading Connecticut Rejects Request for State Funds to Build New Soccer Stadium
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Century Communities Begins Sales at New Arizona Gated Community
Pricing for the homes begins in the low $300,000s. Continue Reading Century Communities Begins Sales at New Arizona Gated Community
Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
The proposal will be discussed at the City Council’s next meeting on Oct. 29. Continue Reading Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
New Data Reports Find Easing in Home Prices
“New York again led all metros with a 6.1% annual gain, followed by Chicago at 5.9% and Cleveland at 4.7%,” said Nicholas Godec of S&P Dow Jones Indices. Continue Reading New Data Reports Find Easing in Home Prices
Maine Home Sales Rise as Prices Ease
The median sales price during September was $402,500, a 1.35% decrease from the $408,000 price recorded in September 2024. Continue Reading Maine Home Sales Rise as Prices Ease
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
The property tax savings are complemented by the State of Wisconsin’s sales tax exemption on the construction of qualified data centers. Continue Reading Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper
The stadium will be powered entirely on solar and wind energy. Continue Reading Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper
Messaging Feature Added to Zillow App
Each listing conversation is organized in a single thread, reducing the app-hopping and missed messages. Continue Reading Messaging Feature Added to Zillow App
New York State Launches Housing Accelerator Fund
The initial cohort of Housing Acceleration Fund awards are expected to result in approximately 1,800 new homes. Continue Reading New York State Launches Housing Accelerator Fund
Joint Venture Acquires Sotherly Hotels REIT
“This transaction is a testament to the high-quality portfolio that Sotherly has built over the past 20-plus years,” said David Folsom, Sotherly’s CEO. Continue Reading Joint Venture Acquires Sotherly Hotels REIT