A midterm election that saw both historic turnout and spending ended with big wins for the Democratic party nearly across the board. While voters clearly went to the ballot box seeking change, can real estate expect the landslide result to boost a sluggish housing market, bring down rates or spark more regulatory scrutiny into housing…
Lawmakers and advocates have made many attempts recently to address the affordability crisis that pervades the housing market—some more impactful than others. Legislative bodies have enacted laws addressing private listings, while President Donald Trump recently signed an executive order aimed at cutting costs for title and mortgage insurance and manufactured housing. In tomorrow’s general election,…
With less than two weeks until the midterm elections, the Trump Administration rolled out an executive order (EO) aimed at making some housing costs more affordable. The mortgage industry welcomed some of the proposals, such as mortgage insurance cancellation for homeowners and reducing interest rates on some federally backed loans, but the general feeling is…
With less than three weeks until the midterms, recent data released on a constitutional amendment in Florida known as Amendment 3, a housing affordability relief measure that would raise the property tax exemption for residents of the Sunshine State, is not showing a solid case for either passing or failing. Amendment 3, championed by the…
Above, U.S. Senator Jeff Merkley As interest rates rise and homeownership becomes increasingly out of reach for many, policymakers continue to search for ways to address the affordability crisis. In the latest legislative action aimed at housing affordability, U.S. Senator Jeff Merkley (D-OR) and cosponsor Sen. Ron Wyden (D-OR) introduced an initiative that could provide…
In a construction industry already facing numerous challenges, the National Association of Home Builders (NAHB) has released a critical statement on the current federal immigration crackdown due to its reportedly negative effect on the industry’s labor force. Off the bat, NAHB noted members of the trade organization have reported that “increased immigration enforcement and jobsite…
(TNS)– For 15 years, Realtor® Doug Shafer has watched with frustration and dismay to see hundreds of what he calls “predatory” signs—with offers such as “CA$H For Your House,” or “We Buy Houses,” or “Sell Your House Fast for Cash”—posted in his neighborhood on Kansas City’s poorer east side. Convinced that the signs were meant…
New York looks likely to become the latest state to create restrictions on private listings. On June 1, the New York State Senate passed the Fair and Transparent Real Estate Listings Act, after amending the bill to include an opt-out option for sellers. The act’s intention is to prevent properties from only being available on…
The Trump administration is reportedly looking at updating rules and limits around the capital gains tax limitations on home sales—a longstanding issue in real estate. On Fox Business recently, host and former National Economic Council director Larry Kudlow said he had spoken to President Trump about potential changes to capital gains taxes on home sales…
The bipartisan 21st Century ROAD to Housing Act passed into law at 12:01 a.m. ET July 11, marking one of the most significant federal housing packages in decades. As he vowed on July 10, President Donald Trump did not sign off on the bill, withholding his signature in protest over the Senate’s failure to pass…
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