The New York City Council this week narrowly passed a housing plan backed by Mayor Eric Adams (D) known as “City of Yes,” which calls for the construction of 82,000 new homes... Read more »
President-elect Donald Trump’s plan to deport millions of undocumented immigrants could threaten one of the few bright spots in housing over the last few years: new home construction. Mass deportations would hit... Read more »
“We’re generations past the federal government building affordable housing because we found that the private sector does a better job at it and can leverage the investment better,” Dworkin said. “Having the... Read more »
Florida-based BH3 Management has acquired a 68-unit residential property in Malibu’s coastal enclave of Point Dume. The purchase price was more than $70 million; it was financed through a $75-million loan from Maxim Capital. Located at... Read more »
State officials estimated that Measure 4 would cost North Dakota $3.15 billion in lost revenue over two years. Realtor.com Chief Economist Danielle Hale cautioned that while North Dakota’s property tax system might... Read more »
loanDepot achieved profitability in the third quarter of 2024, ending an 11-quarter streak of financial losses. Cost reductions and revenue growth drove this turnaround amid lower interest rates, which boosted refinancing activity.... Read more »
Angeles Mountain Partners LLC (AMP) acquired Mt. Waterman Ski Lifts LLC, assuming full management and operations of Southern California’s nearest mountain resort, Mt. Waterman. Located 60 minutes from Downtown Los Angeles in... Read more »
WASHINGTON, D.C.—National Association of Realtors® President Kevin Sears issued the following statement in response to the Biden Administration’s rent control plan: “NAR opposes misguided attempts to cap or control rental rates. Price... Read more »