Real Estate News & Insights
New York State Passes Pied-à-Terre Tax Aimed at NYC’s Luxury Second Homes
Gov. Hochul claimed the new tax could generate as much as $500 million per year for the cash-strapped city, which is operating on a $5.4 billion deficit. Continue Reading New York State Passes Pied-à-Terre Tax Aimed at NYC’s Luxury Second Homes
National Fair Housing Alliance Sues CFPB Over Changes to Equal Credit Opportunity Act Enforcement
The complaint also challenges Russel Vought’s lawful authority to serve as CFPB acting director. Continue Reading National Fair Housing Alliance Sues CFPB Over Changes to Equal Credit Opportunity Act Enforcement
Q4 Lending Down While Refinance Activity Rises
Lenders issued $568 billion worth of residential mortgages in the fourth quarter. Continue Reading Q4 Lending Down While Refinance Activity Rises
Urban League Leader Calls for GSE Privatization
Marc Morial predicted that ending the GSEs’ federal conservatorship could lead to more affordable homeownership and rental housing opportunities. Continue Reading Urban League Leader Calls for GSE Privatization
HUD Rescinds Obama-Era Fair Housing Rule
he first Trump administration terminated the AFFH rule in 2020 by claiming it “proved to be costly, complicated, and ineffective.” Continue Reading HUD Rescinds Obama-Era Fair Housing Rule
CBRE in Partnership on Electric Vehicle Charger Installations
CBRE will help match 3V with multifamily properties looking to provide residents with an EV charging amenity. Continue Reading CBRE in Partnership on Electric Vehicle Charger Installations
Virginia Home Sales Up 1.8%
Virginia’s statewide median sales price was $399,000 in January, up more than $27,000 since the same time last year, a 7.3% increase. Continue Reading Virginia Home Sales Up 1.8%
Rep. Maxine Waters Demands Emergency Hearing Over HUD Layoffs
Waters wants HUD Secretary Scott Turner to explain the workforce reductions. Continue Reading Rep. Maxine Waters Demands Emergency Hearing Over HUD Layoffs
Blend Launches Rapid Home Lending, Focused on Refinance and Home Equity Lending
Blend Labs said that early results of the product’s testing reduced the traditional 30-45 day home equity process to 5-10 days. Continue Reading Blend Launches Rapid Home Lending, Focused on Refinance and Home Equity Lending
Sean Coghlan Named Head of Investor Relations at JLL
Coghlan previously led the company’s global research and strategy for capital markets. Continue Reading Sean Coghlan Named Head of Investor Relations at JLL
New Single-Family Home Sales Sank in January
The median sales price of new houses sold last month was $446,300 while the average sales price was $510,000. Continue Reading New Single-Family Home Sales Sank in January
Missouri Woman Pleads Guilty to Graceland Foreclosure Scheme
Lisa Jeanine Findley, who was arrested last August, entered her guilty plea in a Memphis federal court. Continue Reading Missouri Woman Pleads Guilty to Graceland Foreclosure Scheme
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