Trump administration proposes massive cuts to HUD

The President’s budget for Fiscal Year 2021 calls for the elimination of block grant programs and a reduction of HUD’s budget by 15 percent. Continue reading

Brokerages, REBNY to sue New York state over brokers’ fee adjustment

The trade association confirmed it plans to file a lawsuit on Feb. 10 over new guidance that would have landlords in New York City pay brokers’ fees. Continue reading

What does a rental agent in NYC do, anyway?

Real estate brokers explain all of the responsibilities of the rental agent as the burden of paying them shifts to landlords in NYC. Continue reading

African American homeownership lowest since 1968 — when Fair Housing Act passed: NAR official

The National Association of Realtors held its second annual policy forum on Thursday in Washington D.C. and discussed the widening racial gap and its impact on homeownership. Continue reading

How Washington Realtors got legislators to prioritize housing

In early 2019, Realtors in Washington state got 12 housing bills passed after a coordinated campaign. Here’s how the association did it. Continue reading

Sudden ban on rental broker fees in New York draws outrage from real estate industry, praise from renters

Individual agents and brokers blasted the decision, saying it would eventually pass the costs onto consumers in the form of higher rent. Continue reading

Sudden ban on rental broker fees in New York draws outrage from real estate industry, praise from renters

Individual agents and brokers blasted the decision, saying it would eventually pass the costs onto consumers in the form of higher rent. Continue reading

NAR president applauds Trump’s State of the Union address

NAR President Vince Malta praised President Trump’s mention of Opportunity Zones, infrastructure reform and association health plans. Continue reading

Bright MLS: No fines issued as pocket listing ban kicks in

The Mid-Atlantic organization fines brokers $5,000 for marketing listings without putting them in the MLS. But days after those fines went into effect, everyone appears to be complying. Continue reading

Statewide single-family zoning reform gets canned in Virginia

Virginia’s Land Use Committee unanimously rejected Delegate Ibraheem Samirah’s plan to upzone single-family neighborhoods across the state. Continue reading