Tag: Real Estate Policy
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Senate Passes ROAD to Housing Act—Builders, Housing Advocates Weigh In
In March, the U.S. Senate passed the housing bill called the 21st Century ROAD to Housing Act. The intent of the law is to make U.S. housing more accessible to more people. The price tag on a typical home sold in the U.S. is sidelining hopeful buyers caught in a troubled economy. The ROAD to…
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Affordability Fix or Just Busy Work? Deed Transfer Tax Hike Divides Cape Cod
Here’s a “home rule” question. Should Massachusetts let the towns of one county charge a luxury transfer tax on homes that sell for more than $1 million as they see fit? The Barnstable County Assembly of Delegates, a governing body made up of one elected member from each of the Cape Cod towns, has just…
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Leave Some Deeds for the Rest of Us! Will the White House Lower the Boom on Corporate Buyers?
You may have heard about the Trump executive order on real estate investment companies. The idea is about keeping large companies from buying homes that ordinary deed seekers would want to buy. It comes in the midst of poll results showing voters upset with high prices, and profit-seekers buying up homes. Does this depend on…
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Tip Line Will Bust Lying Mortgage Applicants, Says Trump Administration (Before Going After New York’s AG)
The Trump administration believes mortgage fraud is out of control. So, federal officials now run a tip line, to get people to report suspicious behavior. The administration is so gung-ho about mortgage fraud that it’s even accused New York Attorney General Letitia James of filing improperly completed mortgage applications. That’s bullying, and the charges are…
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It’s Election Year. How Will This Affect Sellers and Buyers?
As we enter an election year the current administration points to how strong the economy is. But there’s a disconnect between these regular public assurances and people’s life experiences. So many are either locked into their current mortgages or just completely sidelined from the market. This is no joke: High mortgage rates. Wages lagging while…
