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Bill Introduced to Remove Squatter Rights in New York

Bill Introduced to Remove Squatter Rights in New York

by Phil Hall | Mar 22, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

After news reports of a Queens homeowner getting arrested for changing the locks on her property to keep a squatter from accessing the house, a New York legislator has introduced a bill to keep squatters from claiming tenant rights. WABC-TV reported State Assemblyman...
AOC and Sanders Reintroduce ‘Green New Deal for Public Housing’

AOC and Sanders Reintroduce ‘Green New Deal for Public Housing’

by Phil Hall | Mar 21, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rep. Alexandria Ocasio-Cortez (D-NY) and Sen. Bernie Sanders (I-VT) announced the relaunch of the “Green New Deal for Public Housing.” Among the provisions of the proposed legislation is the repeal the Faircloth Amendment, a rule that prohibits the U.S. Department of...
New Bill Would Ban Hedge Funds from Owning Single-Family Homes

New Bill Would Ban Hedge Funds from Owning Single-Family Homes

by Phil Hall | Dec 7, 2023 | Current News & Events, Industry Updates, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

New legislation introduced by Democrats in both chambers of Congress seeks to prevent hedge funds from purchasing single-family homes. The End Hedge Fund Control of American Homes Act of 2023 was presented in the House by Rep. Adam Smith (D-WA) and in the Senate by...
New York Governor Signs Deed Theft Protection Law

New York Governor Signs Deed Theft Protection Law

by Phil Hall | Nov 15, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York Gov. Kathy Hochul signed legislation designed to protect state residents from deed theft. Legislation S.6577/A.6656 enables the New York State Attorney General and local district attorneys investigating or litigating deed theft to pause related eviction and...
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