Tag Archives: congress

Affordable housing measures nixed from US climate bill

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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

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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

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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

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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

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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

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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

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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 →

Some landlords are declining funds from the Emergency Rental Assistance program. Here’s why

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Some landlords are declining the funds because of regulatory tape attached to them. Others hope to replace struggling tenants with more financially secure renters. Continue reading →

Senate approves $310B in new funding for small business loan program

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The money is meant to replenish the Paycheck Protection Program, a potentially important lifeline for real estate professionals. Continue reading →