Tag Archives: regulations

Uptick in mansion tax drags NYC luxury sales to 4-year low

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Combined with an rising transfer tax, the uptick has caused luxury sales for properties priced above $2 million to fall 31.5 percent. Continue reading →

DOJ filing indicates wider probe into buyer’s broker commissions

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In a new filing Monday, DOJ claims the National Association of Realtors is ‘inaccurately portraying’ a 2008 consent decree in its defense in buy-side commission lawsuit. Continue reading →

Appraisal requirements axed on sales of $400K and under: Fed

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Approved by the Federal Reserve on Friday, the adjustment, from $250,000 to $400,000, marks the first time in 25 years such an appraisal threshold has changed. Continue reading →

‘They’re screwed’: iBuyers would suffer under Bernie Sanders’ housing plan 

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The senator’s proposed anti-home flipping and vacant home taxes could strain the likes of Opendoor, Offerpad and Zillow Offers. NAR, meanwhile, disapproves of its rental regulations. Continue reading →

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

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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 →

Apartment managers accused of hiding Facebook ads from elderly

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The lawsuit claims seven apartment management companies hid ads from older renters in the Washington, D.C., metro area. Continue reading →

Tax on Uber, Lyft in Seattle would fund affordable housing projects

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Seattle Mayor Jenny Durkan has proposed a 51 cent tax on Uber and Lyft rides to fund 500 affordable housing projects over the next five years. Continue reading →

California governor signs gig economy bill into law

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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 →