Featured Real Estate News
Prosecutors Make Surprise Visit to Federal Reserve HQ Renovation Site
Prosecutors from the office of US Attorney Jeanine Pirro attempted to make an unannounced inspection of the construction work for the Federal Reserve’s headquarters renovation. The Wall Street Journal, sourcing its coverage from an unnamed “person familiar with the...
Prosecutors Make Surprise Visit to Federal Reserve HQ Renovation Site
“Any construction project that has cost overruns of almost 80% over the original construction budget deserves some serious review,” said US Attorney Jeanine Pirro. Continue Reading Prosecutors Make Surprise Visit to Federal Reserve HQ Renovation Site
CoStar Group Files Amended Complaint in Copyright Infringement Lawsuit Against Zillow
CoStar Group (NASDAQ: CGSP) announced it has filed an amended complaint in its ongoing lawsuit against Zillow (NASDAQ: Z, ZG), alleging the Seattle-based brokerage has continued to commit copyright infringement of its photographs. According to the updated filing,...
Two Harbors Investment Corp. to Merge with CrossCountry Mortgage
Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused real estate investment trust, has canceled its previously announced merger with UWM Holdings Corporation (NYSE: UWMC) and announced a merger agreement with CrossCountry Mortgage. Under the...
Forewarn to Provide Online Safety Services for Free to Las Vegas Realtors
Forewarn LLC, a provider of real-time information solutions for real estate agents, announced a partnership with Las Vegas Realtors that will enable its services to be offered for free to the organization’s roughly 16,000 members. Forewarn’s services are available...
News & Current Events
Sanders and AOC Seek Moratorium on AI Data Center Construction
The Artificial Intelligence (AI) Data Center Moratorium Act would enact an immediate federal moratorium on these facilities. Continue Reading Sanders and AOC Seek Moratorium on AI Data Center Construction
Mortgage Application Payments Decreased in February
“Unfortunately, this month’s turmoil in the Middle East has put upward pressure on mortgage rates, which in turn could impact overall affordability in the months ahead,” said MBA’s Edward Seiler. Continue Reading Mortgage Application Payments Decreased in February
238-Unit Mixed-Income Apartment Building Opens in New Haven
The five-story building as 57 units, or 20% of the residences, set aside for households earning an average of 50% of the area median income. Continue Reading 238-Unit Mixed-Income Apartment Building Opens in New Haven
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Tech Trends: Updated Solutions to Assist Housing Professionals
Updates from RESAAS, Matic, WFG National Title Insurance Company, and Bevri. Continue Reading Tech Trends: Updated Solutions to Assist Housing Professionals
Michigan Gov. Whitmer Proposes 10% Reduction in Property Taxes for Seniors
The governor’s office added the proposal is Michigan’s largest property tax break in over a decade. Continue Reading Michigan Gov. Whitmer Proposes 10% Reduction in Property Taxes for Seniors
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
Ground Broken on New Mixed-Use Development in Ottawa
The project will also feature ground-floor retail and public spaces designed to support a pedestrian-oriented environment. Continue Reading Ground Broken on New Mixed-Use Development in Ottawa
New Jersey’s $10,570 Average Property Tax Bill Hits Record High
Only 21 New Jersey towns recorded no change or a decrease in their property tax bills. Continue Reading New Jersey’s $10,570 Average Property Tax Bill Hits Record High
Homeowner Affordability Improves Slightly in California
More California households (28%) could afford a typical condo/townhome in the fourth quarter, rising from 27% in the prior quarter and from 25% one year before. Continue Reading Homeowner Affordability Improves Slightly in California