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Report: Vacant Residential Property Rate Held Steady in Q1
In 28 states and the District of Columbia, the number of zombie properties fell quarter-over-quarter. Continue Reading Report: Vacant Residential Property Rate Held Steady in Q1
Report: Vacant Residential Property Rate Held Steady in Q1
In 28 states and the District of Columbia, the number of zombie properties fell quarter-over-quarter. Continue Reading Report: Vacant Residential Property Rate Held Steady in Q1
Hits and Misses for the Real Estate Week of Feb. 9-13
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 to Study Building Code Change to Enable More Housing Construction
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...
Grassroots Utah Group Quits Effort to Overturn Property Tax Hike
A grassroots effort to overturn the 14.65% property tax hike approved last December for Utah’s Salt Lake County has failed. The Salt Lake Tribune reports the group Ax the Tax sought to collect petition signatures that would have placed the property tax overturn on...
NEWS & CURRENT EVENTS
Chinese Owners of NYC’s Waldorf Astoria to Sell Property Months After Multibillion-Dollar Renovation
The property’s eight-year, $4 billion overhaul was five years behind schedule and more than $1 billion over budget. Continue Reading Chinese Owners of NYC’s Waldorf Astoria to Sell Property Months After Multibillion-Dollar Renovation
Sen Elizabeth Warren: Trump’s Attacks on the CFPB Cost Consumers $19 Billion
“Donald Trump promised to lower costs for Americans ‘On Day One.’” Warren said. Continue Reading Sen Elizabeth Warren: Trump’s Attacks on the CFPB Cost Consumers $19 Billion
Foreclosure Activity Rises Annually for Eleventh Straight Month
Across the nation, one in every 3,547 housing units had a foreclosure filing in January. Continue Reading Foreclosure Activity Rises Annually for Eleventh Straight Month
New Bill Would Allow Homebuyers to Put Unused College Savings Toward a Down Payment
The bill has been referred to the House Committee on Ways and Means for consideration. Continue Reading New Bill Would Allow Homebuyers to Put Unused College Savings Toward a Down Payment
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Activist Investor Seeks New Board for CoStar Group
Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, is calling for a change of leadership at CoStar Group (NASDAQ: CSGP), claiming the company’s pursuit of the residential real estate industry has...
Redfin to Run Super Bowl Ad Featuring Lady Gaga
The Grammy winner reimagines “Won’t You Be My Neighbor?” in the advertisement. Continue Reading Redfin to Run Super Bowl Ad Featuring Lady Gaga
Trump Signs Executive Order to Put Feds in Charge of LA Wildfire Rebuilding
Tara Gallegos, a spokesperson for Gov. Gavin Newsom, called the president “an old clueless idiot who believes that the state and federal governments can issue local rebuilding permits and LA gets its water from the Pacific Northwest.” Continue Reading Trump Signs Executive Order to Put Feds in Charge of LA Wildfire Rebuilding
Half of US Households Experienced Home Insurance Rate Increases
Among the states, Florida carries the highest home insurance average at $7,136. Continue Reading Half of US Households Experienced Home Insurance Rate Increases
Amazon to Shut Down Fresh and Go Grocery Stores
The company operates a total of 72 Fresh and Go stores, with most being scheduled for closure on Feb. 1. Continue Reading Amazon to Shut Down Fresh and Go Grocery Stores
Ground Broken on New Orleans Development Featuring 294 Affordable Housing Units
Construction will begin immediately, with substantial completion anticipated in September 2027. Continue Reading Ground Broken on New Orleans Development Featuring 294 Affordable Housing Units
New Data Reports Find Continuation of Mild Home Price Acceleration
Once again, FHFA Director Bill Pulte did not comment on the continued home price acceleration. Continue Reading New Data Reports Find Continuation of Mild Home Price Acceleration
Report: Nearly 44% of Homes Carry HOA Fees
Roughly one-third (33.4%) of single-family homes now carry HOA fees. Continue Reading Report: Nearly 44% of Homes Carry HOA Fees
Lawsuit Accuses Rocket Companies of Mortgage Steering
The lawsuit claims the company “exploited the vulnerability of home buyers for profit.” Continue Reading Lawsuit Accuses Rocket Companies of Mortgage Steering
Lennar Unveils New 55+ Community in Central Oregon
Pricing on the new residences start in the low $400,000s. Continue Reading Lennar Unveils New 55+ Community in Central Oregon
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