The election-day rally lasted one day, with the Dow Jones Industrials falling more than 5 percent in Wednesday’s trading session. Reports suggest investors are pondering an Obama presidency, and dim prospects for the economy.
Paul Jackson is the former publisher and CEO at HousingWire.see full bio
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Michigan’s Whitmer steps up, signs single-stair reform into law
Gov. Gretchen Whitmer took a big step toward clearing the path for developers to build smaller apartment buildings more affordably. Whitmer signed Michigan’s single-stair legislation into law this week, a green light for developers to build multifamily housing up to six stories more economically, with a single interior exit stairway. Michigan housing advocates say the […]
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America’s accidental landlords: The hidden consequence of the mortgage lock-in effect
Mortgage lock-in is increasingly shifting homeowners into accidental landlord roles as selling becomes less viable. Data show 30-year rates at 6.43% and FHFA estimates lock-in prevented 1.33 million sales from 2022 Q2 to 2023 Q4.
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Gaining that local edge to outperform competition amid market consolidation
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New York City posts notice of new tax levy to pied-a-terre owners
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Lot demand shifts to terms and timing at Forestar, Five Point
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Ruth Reffkin launches Compass real estate team in NYC
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Agent movement stalls as retention takes hold in Q2
Paul Jackson is the former publisher and CEO at HousingWire.see full bio