Using Retirement Savings for a Down Payment Could be ‘Financial Boon’

Using Retirement Savings for a Down Payment Could be ‘Financial Boon’

Federal policymakers have been debating whether Americans should be able to pull money from their retirement accounts in order to afford a downpayment on a new home. While financial experts have cautioned... Read more »
Chief Justice John Roberts Sells Chevy Chase Home for .4 Million

Chief Justice John Roberts Sells Chevy Chase Home for $3.4 Million

Chief Justice John Roberts has sold his longtime Maryland home for more than $200,000 over his asking price—having secured a buyer for the elegant property mere days after it went on the... Read more »
Why Red Tape Reform Is Key To Solving the Housing Shortage

Why Red Tape Reform Is Key To Solving the Housing Shortage

With the landmark 21st Century Road to Housing Act now law, local governments may finally rein in the red tape that is choking off the construction of new homes. The new law... Read more »
Congress Probes Private Listings Deal Between Compass and MRED

Congress Probes Private Listings Deal Between Compass and MRED

A congressional subcommittee is probing brokerage giant Compass’ private listings partnership with the Midwest Real Estate Data multiple listing service to determine if it is anticompetitive. The House Judiciary Subcommittee on the... Read more »
New Home Sales Tick Up in June Despite Elevated Mortgage Rates

New Home Sales Tick Up in June Despite Elevated Mortgage Rates

Sales of new-construction homes bumped up a bit in June, as median sales prices slid and gave buyers an affordability boost. Contract signings for newly built homes hit a seasonally adjusted annual rate of... Read more »
Congress Worries Home Loan Bank System Straying From Mission

Congress Worries Home Loan Bank System Straying From Mission

Congress is seeking changes at the Federal Home Loan Bank System, with some members arguing the network isn’t taking a proactive role in the nation’s housing affordability crisis. At a House Financial... Read more »
What’s Next on Washington’s Housing Agenda After Landmark Bill

What’s Next on Washington’s Housing Agenda After Landmark Bill

Lawmakers hope the bipartisan momentum brought by a new landmark housing package will bolster the odds of Congress passing more laws aimed at improving housing affordability. After a roller-coaster ride that included... Read more »
Washington Commanders B Complex Includes 6,500 Homes

Washington Commanders $24B Complex Includes 6,500 Homes

The Washington Commanders will anchor a new $24.2 billion development along the banks of the Anacostia River in Washington, DC. City officials unveiled a master plan Tuesday for the redevelopment of the... Read more »
Washington Awaits Next Move on Stalled Bipartisan Housing Bill

Washington Awaits Next Move on Stalled Bipartisan Housing Bill

Housing experts hunted for signs of progress on the comprehensive housing bill awaiting a presidential sign-off on Friday. President Donald Trump put the landmark 21st Century Road to Housing Act in limbo after he... Read more »
Capital Gains Tax Discourages Owners From Selling, Senate Hears

Capital Gains Tax Discourages Owners From Selling, Senate Hears

The Senate heard testimony on Tuesday regarding federal taxes on the profits from home sales, which industry advocates say could be discouraging millions of homeowners from selling. Kevin Brown, president of the... Read more »