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Home » Real Estate News

Real Estate News

After Seeing Controversial Contract-For-Deed Home Sales Affect Constituents, Minnesota Lawmakers Propose Reforms

Published by jason@omahadail... on Thu, 02/15/2024 - 3:00am

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive our stories in your inbox every week.

  • Read more about After Seeing Controversial Contract-For-Deed Home Sales Affect Constituents, Minnesota Lawmakers Propose Reforms

If You Can Buy A ‘Mansion,’ You Can Pay A Tax For Affordable Housing, These States Say

Published by jason@omahadail... on Thu, 02/15/2024 - 2:00am

Washington state lawmakers last year dedicated a record $400 million to the state’s Housing Trust Fund, which distributes loans and grants to create affordable housing.

  • Read more about If You Can Buy A ‘Mansion,’ You Can Pay A Tax For Affordable Housing, These States Say

Treasury Rolls Out Residential Real Estate Transparency Rules To Combat Money Laundering

Published by jason@omahadail... on Thu, 02/15/2024 - 1:00am

WASHINGTON (AP) — The Biden administration wants to make residential real estate transactions more transparent by unmasking the owners of certain all-cash purchases. It's part of an ongoing effort to combat money laundering and the movement of dirty money through the American financial system.

  • Read more about Treasury Rolls Out Residential Real Estate Transparency Rules To Combat Money Laundering

Down Payment Resource Reports 135 Homebuyer Assistance Programs Were Introduced In 2023 To Combat The Least Affordable Housing Market In Decades

Published by josie@omahadail... on Wed, 02/07/2024 - 8:50am

ATLANTA, Ga. — Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q4 2023 Homeownership Program Index (HPI) report. During a year when home affordability hit a nearly four-decade low, housing agencies introduced 135 homebuyer assistance programs and expanded eligible inventory to make homeownership more accessible.

  • Read more about Down Payment Resource Reports 135 Homebuyer Assistance Programs Were Introduced In 2023 To Combat The Least Affordable Housing Market In Decades

How Much Can $10K A Month Rent In Office Space?

Published by josie@omahadail... on Wed, 02/07/2024 - 8:49am

A new study done by CommercialCafe decided to see how large of an office space one could rent across the country for $10,000 a month. CommercialCafe — an information hub for CRE news and reports — compared 160 different markets across the United States and multiple different real estate grades.

  • Read more about How Much Can $10K A Month Rent In Office Space?

We Found That Landlords Could Be Using Algorithms To Fix Rent Prices. Now Lawmakers Want To Make The Practice Illegal.

Published by josie@omahadail... on Wed, 02/07/2024 - 8:45am

Powerful interests, including a real estate tech company and private equity firms, are contributing to soaring rents.

A group of senators are set to introduce legislation Tuesday that would make it illegal for landlords to use algorithms to artificially inflate the price of rent or reduce the supply of housing.

  • Read more about We Found That Landlords Could Be Using Algorithms To Fix Rent Prices. Now Lawmakers Want To Make The Practice Illegal.

Homes, Urban Farm Stand At Site Of Proposed Omaha Business Park Buoyed By $90M In State Funds

Published by josie@omahadail... on Mon, 02/05/2024 - 11:06am

OMAHA — The boulder under Lori and David Johnson’s tree holds special meaning. So does the tipi, rose garden, and 20-foot-long bench in the couple’s northeast Omaha yard.

  • Read more about Homes, Urban Farm Stand At Site Of Proposed Omaha Business Park Buoyed By $90M In State Funds

1 In 3 Millennials Delay Home Buying As Interest Rates Rise

Published by josie@omahadail... on Mon, 02/05/2024 - 11:00am

Most millennials are prepared to take drastic measures to buy a home, with 65% saying they would pay up to a 10% mortgage rate and 23% admitting they would buy at 15% or more, according to a new study from Clever Real Estate.

  • Read more about 1 In 3 Millennials Delay Home Buying As Interest Rates Rise

Facing Tight Budgets And Rising Costs, Agency Plans To Overhaul Omaha’s Aging Public Housing

Published by jason@omahadail... on Thu, 01/18/2024 - 5:00am
Snow falls on an abandoned apartment building that previously made up part of the Spencer Homes public housing development. 
(Jeremy Turley / Flatwater Free Press)

The rows of red brick buildings wedged between Spencer and Bristol streets once represented North Omaha’s best attempt at tackling a post-war housing crunch. Now abandoned, gutted and graffitied, they await the wrecking ball.

  • Read more about Facing Tight Budgets And Rising Costs, Agency Plans To Overhaul Omaha’s Aging Public Housing

How To Prevent America’s Aging Buildings From Collapsing — Four High-Profile Disasters Send A Warning

Published by jason@omahadail... on Thu, 01/18/2024 - 3:00am

Four recent catastrophic building collapses and a near miss are raising concerns about the state of America’s aging buildings and questions about who, if anyone, is checking their safety.

  • Read more about How To Prevent America’s Aging Buildings From Collapsing — Four High-Profile Disasters Send A Warning
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