Jersey City voters opt to restrict short-term rentals
The referendum prohibits using a property as a short-term rental for more than a total of 60 nights a year if the owner is not present
by Patrick Kearns Nov 6
Bright MLS: Pocket listing ban won't hurt discount brokerages
Bright MLS is facing resistance to a new policy that bans pocket listings, but it said Tuesday that the rule will still allow discount brokerages to customize commission offers
by Jim Dalrymple II Nov 5
Bright MLS defends pocket listing ban in face of Compass threat
The Mid-Atlantic multiple listing service invited Compass to come discuss a policy that bans off-market listings but said it is not afraid of a lawsuit and won't back down
by Jim Dalrymple II Oct 31
Compass sends 'pre-litigation letter' to Bright MLS over pocket listing policy
Compass says in the letter that Bright MLS's new ban on pocket and off-market listings is anti-competitive and may lead to legal action
by Jim Dalrymple II Oct 31
Feds tweak regulations to lure banks back to FHA loans
The new regulatory approach is meant to reduce the chance that banks will have to pay huge settlements for mishandling FHA loans
by Jim Dalrymple II Oct 30
Minneapolis has officially eliminated single-family zoning
A year after issuing a preliminary approval, the Minneapolis City Council approved the Minneapolis 2040 plan in a 12-1 vote on Friday
by Marian McPherson Oct 25
Washington's rent-control laws hang in the balance
As legislators consider extending city’s rent-control laws for another decade, housing advocates ask for more
by Marian McPherson Oct 25
LA City Council unanimously passes moratorium on no-fault evictions
The moratorium prevents landlords from unjustly evicting renters ahead of January 1 rent-control deadline
by Marian McPherson Oct 23
Real estate big wigs don't want to be 'treated like children' by MLSs
Gary Gold and Mauricio Umansky expressed skepticism Wednesday about multiple listing service policies that would ban pocket and off-market listings
by Jim Dalrymple II Oct 17
Los Angeles eviction rates boom ahead of rent-control law
Landlords have evicted more than 200 tenants ahead of Jan. 1 deadline to bypass 5% rent cap
by Marian McPherson Oct 14
All that you need to know about filing Form 1099-MISC
Submitting the form allows you to qualify your rental property as a business and become eligible for related tax deductions
President Trump's tax cuts cost homeowners $1 trillion: Report
Policies passed in 2017 that capped various real estate-related federal tax deductions limited housing price growth
by Jim Dalrymple II Oct 10
LA’s housing plan for homeless is behind schedule and over budget
The city is now spending more than $500K per unit to house homeless, a mere $14K less than the median sales price for a condominium in Los Angeles
by Marian McPherson Oct 10
Supreme Court weighs LGBT workplace discrimination
Three cases could impact the real estate industry by whittling away LGBT Americans' financial stability
by Jim Dalrymple II Oct 8
Uptick in mansion tax drags NYC luxury sales to 4-year low
Combined with a rising transfer tax, the uptick has caused luxury sales for properties priced above $2M to fall 31.5%
by Marian McPherson Oct 2
DOJ filing indicates wider probe into buyer's broker commissions
In a new filing Monday, DOJ claims the National Association of Realtors is 'inaccurately portraying' a 2008 consent decree in its defense in buy-side commission lawsuit
by Patrick Kearns Oct 1