Leigh Brown is running for Congress — again

The former NAR vice president of advocacy also ran for Congress in 2019, and at that time, she sued the Federal Election Commission for ordering her to stop running business ads in advance of that year’s primary. Continue reading

Legislation aimed at banning mortgage trigger leads is back

Despite lobbying by mortgage trade groups, two previous bills failed to attract cosponsors and died in the House Committee on Financial Services without a second reading. Continue reading

Housing is so rough, even this Congressman can’t score a home

Congressman-elect Maxwell Frost of Florida said he wrecked his credit when he quit his job to run a campaign full-time. Now he’s having a hard time finding a place to live. Continue reading

Affordable housing measures nixed from US climate bill

The bill contains several of Democrats’ top legislative priorities. But several big affordable housing proposals missed the final cut. Continue reading

Real estate investors scooped up record number of homes this spring

Investor purchases made up 9.5 percent of home purchases nationally in April, modestly below a February 2022 peak of 9.7 percent and an increase of 64 percent from 2019 levels, according to data from Realtor.com. Continue reading

Realtors get inside look at Capitol Hill politics, including Roe v. Wade

At the NAR midyear conference, journalists Anna Palmer and Jake Sherman answered Realtor questions on abortion, Trump, Biden, the Capitol attack and the upcoming midterm elections. Continue reading

How luxury clients may be impacted by Biden’s wealth tax proposal

The “Billionaire Minimum Income Tax,” as outlined in Biden’s proposal, would require households worth more than $100 million to pay a tax of at least 20 percent on both their income and any unrealized gains — including real estate. Continue reading

Zillow close to unloading more than half of its iBuyer homes

Real estate giant also announces $750 million stock buyback following the company’s stock price tumble after Zillow Offers shutdown. Continue reading

The eviction ban returned, but many renters are still at risk

Renters continue to be impacted in very unequal ways by the economic fallout of the pandemic, and one big reason for that is where they live and how their local municipalities are handling the crisis. Continue reading

Day before eviction moratorium set to expire, Dems scramble for extension

President Biden called on Congress on Thursday to extend the moratorium through the end of 2021, citing concerns over the quick spread of the Delta variant. Democrats were sent scrambling to respond. Continue reading