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Federal agency members voice support for new CRA rulesĀ 

Housing Wire

representatives at federal agencies reinforced their support for the new rules that would modernize the Community Reinvestment Act (CRA), a few days after a federal judge in Texas granted a preliminary injunction to banking associations that seek to halt its implementation. This week in Washington, D.C.,

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Why Are Homeownership Trends Different for Millennials and Gen Z?

Eppraisal

This issue is so pressing that the Senate Committee on Banking, Housing and Urban Affairs introduced a bill to limit tax breaks for corporate landlords to improve the housing market’s affordability and availability issues. Housing prices skyrocket while loans take on higher interest rates to match the market.

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A property tax reckoning is coming

Housing Wire

In Texas, lawmakers limited property tax rate increases even before the COVID-19 housing rush sent home prices skyward. Although school tax rates dropped 13% after the legislation passed in 2019, taxable values ā€” propelled by the white-hot housing market ā€” were up 23% in the same period, the Texas Taxpayers and Research Association found.

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Wall Street SFR firms accused of stripping equity from neighborhoods

Housing Wire

Just over a decade ago, no single landlord owned more than 1,000 homes,ā€ said Jim Baker, executive director of the Private Equity Shareholder Project , one of five witnesses who testified before the subcommittee on June 28. The post Wall Street SFR firms accused of stripping equity from neighborhoods appeared first on HousingWire.

Tenants 392
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UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

By embracing a comprehensive understanding of the true cost of homeownership, individuals can navigate the turbulent waters of the housing market with confidence, ensuring a secure and sustainable future for themselves and their families. In the face of mounting challenges, knowledge is power. ELECTION YEAR EFFECT? This 4-bed, 4.5-bath

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

JULY HOUSING UPDATE The Seattle/King County housing market inched forward ā€“ and a little sideways ā€“ as the number of new and unsold listings continued to expand in June while fresh signs of a slowdown approached. Seattle (12%) and the Eastside (11%) drove the increase in single-family units sitting on the market as of July 1.