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Florida theme parks creating more housing for employees

Housing Wire

For Universal Studios employees, the owners of the park are seeking to construct a 1,000-unit mixed-use development slated to open in 2026 that would promise a short commute to the Universal Orlando Resort, which is also aiming to open a full-scale third theme park called “Epic Universe” next year.

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loanDepot settles with Hsieh, nominates Steve Ozonian to the board 

Housing Wire

loanDepot announced Monday it will promptly increase the size of its board from eight to nine members to accommodate Ozonian, who has been the CEO of the Williston Financial Group since 2017, and his term will last from 2023 to 2026.

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Real estate on the ballot: Here’s what passed at the state level

Housing Wire

Several state-level real estate initiatives and urban development policies were voted on in the Nov. The passing of Referendum A exempts Habitat for Humanity and similar charities in Georgia from paying taxes on parcels under development if the purchasers receive interest-free loans. Georgia : Referendum A passes.

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DataDigest: Water wars in the Southwest

Housing Wire

Concurrently, the Colorado River is also in the midst of one of the worst droughts seen in over 1,200 years, and Arizona, California and Nevada agreed last week to collectively conserve 3 million acre-feet of river water through 2026. Should states or towns restrict development? Arizona alone agreed to forgo 1.8

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The Fed pauses its rate hikes for now, will it last?

Housing Wire

next year and to reach 2% in 2026, he added. The FOMC also said it would continue to reduce its holdings of Treasury securities and agency debt and agency mortgage-backed securities. “The The median unemployment rate projection in the summary economic projections rises from 3.8% at the end of this year to 4.1% over the next two years.”

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What lies ahead

Housing Wire

million by 2026. Right now, with bans being put on short-term rentals in big cities like New York City, and travelers demanding luxury rentals more and more as they develop a taste for premium amenities, privacy, and unique offerings, the short-term rental market is in the midst of a transformative phase.

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Meta rolls out new system to address housing ad discrimination

Housing Wire

However, Meta will be subject to court oversight and regular review of its compliance with the settlement through June 27, 2026. The parties announced Monday that they had agreed on the new Variance Reduction System’s compliance targets. The company will extend the system’s use to U.S.