Well-intentioned rent control laws can do more harm than good: Study

A new study comes as city, state and federal lawmakers call for caps on how much landlords can raise rent. In one case, property taxes were projected to drop 4 percent as a result of rent control laws. Continue reading

Price gains in ‘opportunity zones’ keep pace with national hikes

Census tracts chosen for preferential tax treatment in 2017 tax bill are seeing prices rise, have attracted buyers priced out elsewhere. Continue reading

Lone bidder purchases infamous Surfside condo site for $120M

Dubai-based luxury developer Hussain Sajwani has purchased the former site of the Champlain Towers South condominium for $120 million, according to The Miami Herald on Saturday. Sajwani was the only bidder for the oceanfront acreage where 98 residents … Continue reading

Mortgage delinquency rates continue their descent: CoreLogic

The number of homeowners who are more than 30 days late on mortgage payments dropped for the 11th straight month in February. Continue reading

Keller Williams posts $108B in sales volume as transactions fall in Q1

The Texas-based franchisor’s transaction and sales volume see-sawed for the third quarter in a row, as record home price growth bolstered commissions, according to a Q1 earnings report. Continue reading