Introduced in December, the “End Hedge Fund Control of American Homes Act” has stalled but seeks to deter large investors from gobbling up single-family homes. Critics say it’s misguided. Continue reading
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
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
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
The bill contains several of Democrats’ top legislative priorities. But several big affordable housing proposals missed the final cut. Continue reading
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
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
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
Real estate giant also announces $750 million stock buyback following the company’s stock price tumble after Zillow Offers shutdown. Continue reading
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