California governor signs gig economy bill into law

California Gov. Gavin Newsom signed AB5 into law on Wednesday, ending a nearly one-year process to address the state’s long-standing issue with workers being misclassified as independent contractors. Continue reading

NAR calls for improvements to the qualified mortgage rule

The National Association of Realtors is calling on the Consumer Finance Protection Bureau to improve the qualified mortgage definition and government-sponsored entity patch, as well as support an extension before figuring out the long term solution. Continue reading

Trump Administration cites housing regulations as major source of homelessness crisis

A new White House report on homelessness says that overregulation and other factors have led to hundreds of thousands of people living on the street. Continue reading

Inman News quiz: Think you’re on top of the week’s biggest stories?

The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading

Real estate biz leaders join call for gun reform

Nearly 150 business leaders signed a letter that was sent to U.S. Senate, Thursday, calling on the governing body to pass a national background check law for all gun sales and a national extreme risk law — or “red flag law.” Continue reading

Housing nonprofit sues CA city for violating garage conversion law

Californians for Homeownership, a nonprofit housing organization sponsored by the California Association of Realtors (C.A.R.) announced Thursday that it’s suing the city of Whittier, California over its accessory dwelling unit regulations.  Continue reading

California gig economy bill passes senate with real estate exemption

California is set to remake the so-called “gig-economy,” passing legislation Tuesday evening that would codify the “ABC” test, set forth to determine whether a worker is an employee or can be classified as an independent contractor. But fears that the … Continue reading

Inventory crises could stretch into 2022 and beyond: Zillow

Housing starts won’t reach the historical average of 1 million new units per month until at least 2022 or later, with the most pessimistic estimates stretching to 2029. Continue reading

Trump admin proposes massive overhaul of FHA, Freddie and Fannie

The Trump administration Thursday released a long-awaited plan to overhaul the way the U.S. government helps homeowners. Separate guidance from the U.S. Department of Housing and Urban Development and the United States Department of the Treasury includ… Continue reading

NYC developer appeals $6.75M judgment in 5 Pointz graffiti case

Developer Gerald Wolkoff appealed the judgment, saying “aerosol artists’ rights must be limited.” Continue reading