Featured Real Estate News
Mamdani to Suspend NYC’s Tax Lien Sale Program
Mayor Zohran Mamdani plans to halt New York City’s tax lien sale program and might consider ending the practice. The program began in 1996 and involves the sale of property owners’ unpaid tax liens and water debt at a discount to a private investor-backed trust, which...
Mamdani to Suspend NYC’s Tax Lien Sale Program
Under the program, the city can sell a property tax lien when the owner owes as little as $5,000. Continue Reading Mamdani to Suspend NYC’s Tax Lien Sale Program
Trump Suspends Leases on 5 Offshore Wind Projects
The Trump administration has suspended the leases on five offshore wind projects, citing alleged national security concerns. According to combined media reports, the projects are Vineyard Wind 1, Revolution Wind, Coastal Virginia Offshore Wind, Sunrise Wind and Empire...
Pennsylvania Home Sales Down While Prices Keep Rising
A total of 9,200 homes were sold in Pennsylvania during November, a roughly 2% decline from the 9,380 sales recorded one year ago. On a month-over-month measurement, sales dropped 17% from October’s total 11,174 transactions. According to the Pennsylvania Association...
Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
The Federal Home Loan Bank of New York (FHLBNY) announced a $225 million investment in a New York City Housing Development Corporation (HDC) bond issuance designed to create, rehabilitate, or preserve 6,320 units of affordable housing across an array of HDC’s housing...
News & Current Events
Teen Daughter of Geneva Financial’s Owners to Compete in F1 Academy Racing Season
MoneyGram Haas F1 Team has announced that Kaylee Countryman will represent the squad in next season’s F1 Academy Continue Reading Teen Daughter of Geneva Financial’s Owners to Compete in F1 Academy Racing Season
Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues
“We have got, like, everybody in the whole Cabinet working on trying to get housing to be more affordable,” Kevin Hassett said. Continue Reading Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues
Ex-Seattle Real Estate Agent Convicted on Multiple Fraud Charges
All the remaining investors lost their entire investments, totaling $2.4 million. Continue Reading Ex-Seattle Real Estate Agent Convicted on Multiple Fraud Charges
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Exclusive News
NAR’s Historic Settlement Continues to Shift the Real Estate Industry
The challenge for lawmakers, and those who enforce those laws, is that those reactions almost always include unintended consequences. When the Federal Court gave its final approval for NAR’s settlement of the Sitzer/Burnett case back in November, it sent shockwaves through the real estate industry. Continue Reading NAR’s Historic Settlement Continues to Shift the Real Estate Industry
Texas Lawmakers Lobby to Relocate NASA Headquarters to Johnson Space Center in Houston
Florida and Ohio are also seeking to host NASA’s headquarters when its lease in Washington, DC, expires. Continue Reading Texas Lawmakers Lobby to Relocate NASA Headquarters to Johnson Space Center in Houston
72-Year-Old Idaho Man Sentenced for Embezzling Public Housing Authority
Bruce Hauber, 72, was employed as the executive director of the federally funded American Falls Housing Authority (AFHA) from 2019 to 2023. Continue Reading 72-Year-Old Idaho Man Sentenced for Embezzling Public Housing Authority
The BLVD Group Acquires Rhode Island Apartment Community for $57 Million
The acquisition and renovation are being financed through Low Income Housing Tax Credits and tax-exempt bonds. Continue Reading The BLVD Group Acquires Rhode Island Apartment Community for $57 Million
Emory University Receives $5 Million for New Real Estate Center
The newly announced BL Harbert Real Estate Center will be designed to equip students to excel as real estate entrepreneurs and practitioners. Continue Reading Emory University Receives $5 Million for New Real Estate Center
Proposal Would Turn Louisiana School into Affordable Housing for Teachers
East Baton Rouge Superintendent LaMont Cole floated the idea of renovating Westminster Elementary School into housing specifically for new educators. Continue Reading Proposal Would Turn Louisiana School into Affordable Housing for Teachers
Judge Temporarily Blocks Planned CFPB Layoffs
“We’re not going to disburse 1,483 people into the universe,” said Judge Amy Berman Jackson. Continue Reading Judge Temporarily Blocks Planned CFPB Layoffs
New Home Purchase Mortgage Applications Surged in March
The average loan size for new homes decreased from $397,516 in February to $381,921 in March. Continue Reading New Home Purchase Mortgage Applications Surged in March
Master-Planned Community with Surfing Lagoons Planned for Utah
The 30-acre project will feature 65 short-term rental properties built around two concrete-lined, clear lagoons designed specifically for surfing and other water recreation. Continue Reading Master-Planned Community with Surfing Lagoons Planned for Utah