11+ hour, 20+ min ago  (130+ words) For five years, New York City's real estate industry has been bracing for Local Law 97. Owners hired consultants. Engineering firms stood up entire decarbonization practices. Trade groups went to court. And beneath all of it ran a quiet, unanswered question:…...

9+ hour, 24+ min ago  (205+ words) Propmodo A Senate housing bill passed in March with bipartisan support would require developers to sell newly built build-to-rent homes within seven years of completion. The provision has already rattled the sector. Terra Lane Communities halted two projects in Arizona…...

9+ hour, 23+ min ago  (249+ words) Propmodo Developers are converting historic buildings into boutique hotels and resorts, preserving original architecture while adding modern hospitality amenities. Properties reopening under this model include The Flat Iron Hotel in Asheville, North Carolina, a 1926 structure that once housed WWNC Radio,…...

1+ day, 12+ hour ago  (342+ words) Propmodo Pending home sales fell 1. 1% in March compared to a year earlier, marking one of the weakest spring markets in years despite sellers outnumbering buyers by 43%. Buyers in middle- and lower-priced markets in Texas and Florida are pulling back after…...

1+ day, 8+ hour ago  (308+ words) Propmodo The Real Brokerage has agreed to acquire RE/MAX in an all-cash deal valued at about $880 million, a transaction that would combine one of the fastest-growing cloud-based brokerages with one of the most recognizable global real estate brands. The…...

2+ day, 3+ hour ago  (794+ words) Propmodo Housing affordability has become one of the most persistent economic and political challenges in the U. S. , and city governments are increasingly looking to the real estate industry for solutions. Rents surged in the years following the pandemic, homeownership slipped further…...

2+ day, 3+ hour ago  (273+ words) Propmodo HUD issued guidance Friday telling real estate professionals they may share neighborhood crime and school quality data with homebuyers without violating the Fair Housing Act. Assistant Secretary Craig Trainor wrote that agents and brokers do not break federal law…...

2+ day, 13+ hour ago  (370+ words) Propmodo Financing for build-to-rent housing projects across the country has stopped as lenders wait for Congress to reconcile competing housing bills. The Senate's 21st Century ROAD to Housing Act, passed in March, includes a provision requiring institutional investors owning more than…...

5+ day, 7+ hour ago  (242+ words) Then came blocks of flats, where the front door is used by hundreds of people. We accept that a code or fob is sufficient security there, because we know the hassle of getting locks changed if someone loses their key....

5+ day, 12+ hour ago  (268+ words) Propmodo Mortgage rates are finally moving in a direction homebuyers have been waiting for. The average rate on a 30-year fixed mortgage has fallen to 6. 23%, marking the third consecutive weekly decline and a noticeable drop from 6. 3% the week prior, according…...