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Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Newsom did not publicly comment on the lawsuit. Continue Reading Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
New Charges Against Virginia Real Estate Agent Indicted for Construction Fraud
A Virginia real estate agent who was indicted for construction fraud in July is now facing two additional felony construction fraud charges. Last September, the Augusta County Sheriff’s Office launched an investigation into Amy Argenbright of A&Co 2002 LLC for...
Vermont Homeowners Face 12% Property Tax Hike
Vermont homeowners could be facing an average property tax hike of 12% next year based on the projected budgets from two-thirds of the state’s schools. WCAX reports per-pupil spending in Vermont is up by nearly $1,000, a 7% year-over-year increase. If the latest tax...
Report: Trump to Profit from Proposed NYC Casino
Casino gaming could be coming to New York City as three projects received gambling licenses from the state – with President Trump being an unlikely beneficiary from one of these new operations. The Associated Press reports the one of the proposed casinos will be built...
NEWS & CURRENT EVENTS
Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
Maine Home Sales Up 10.73% from Last Year
The median sales price for homes sold hit $426,000, up 7.85% from October 2024. Continue Reading Maine Home Sales Up 10.73% from Last Year
FHFA Announces 2026 Multifamily Loan Caps
Bob Broeksmit, president and CEO of the Mortgage Bankers Association, welcomed the news. Continue Reading FHFA Announces 2026 Multifamily Loan Caps
RealPage Reaches Settlement with DOJ Over Rent Collusion Case
The company viewed the settlement as a victory. Continue Reading RealPage Reaches Settlement with DOJ Over Rent Collusion Case
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Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts
Sections of Brooklyn, Queens, and Staten Island turned into “no-go zones” for multifamily affordable housing. Continue Reading Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts
Swiss Mansion That Hosted 1985 Reagan-Gorbachev Summit Up for Auction
Reagan and Gorbachev met for the first time at Villa Fleur d’Eau, which many historians pegged as the beginning of the end of the Cold War. Continue Reading Swiss Mansion That Hosted 1985 Reagan-Gorbachev Summit Up for Auction
Former Fannie Mae President David Benson Returns as Senior Adviser
Pulte did not elaborate what duties Benson will be handling at Fannie Mae. Continue Reading Former Fannie Mae President David Benson Returns as Senior Adviser
$60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
The PGP offers up to a 5:1 match of member contributions up to $25,000 per FHLBank Dallas member. Continue Reading $60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
The company added that NV REIT is actively pursuing additional UPREIT and direct acquisitions across the Sunbelt and Mountain West Continue Reading Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
Federal Reserve Cuts Rates Again
The Fed warned that “uncertainty about the economic outlook remains elevated.” Continue Reading Federal Reserve Cuts Rates Again
Pending Home Sales Flat in September
Month-over-month and year-over-year pending home sales were up in the Northeast and South but declined in the Midwest and West. Continue Reading Pending Home Sales Flat in September
Report: Sales of Newly Built Homes at 4-Year Low
“Builders are hesitant to start new projects because in today’s buyer’s market, it doesn’t make financial sense,” said Jesse Landin, a Redfin Premier agent in San Antonio. Continue Reading Report: Sales of Newly Built Homes at 4-Year Low
Mortgage Application Activity Rebounds After 4 Weeks in Decline
The Refinance Index increased by 9% and was also 111% higher than the same week one year ago. Continue Reading Mortgage Application Activity Rebounds After 4 Weeks in Decline
Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes
The bill is now before the Select Committee on Property Taxes. Continue Reading Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes
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