4 States Sue Federal Gov’t Over Property Tax Overhaul

Lawmakers in four Northeastern states say the cap on certain local and state deductions is unconstitutional.

2019 May Usher in the Era of Foldable Phone Screens

A smartphone that boasts a bendable screen is expected to hit the market early next year. Could this jumpstart a new category of devices?

Tips to Help Your Buyers Navigate a Cooling Market

In June, housing starts fell by 12 percent—a sign that prospective buyers are becoming more hesitant toward rising housing costs and shrinking inventory.

Cities That Will Pay People to Relocate

Faced with sluggish population growth, some metros are making enticing offers to gain new residents.

Waters and 61 legislators demand Congress keeps NFIP active

Ranking Member of the House Committee on Financial Services Maxine Waters, D-Calif., and 61 members of Congress are demanding a long-term reauthorization of the National Flood Insurance Program. Waters, a prominent critic of H.R. 2874, believes American families are not financially prepared for the growing threat of natural disasters.

Zillow expanding direct homebuyer program to Atlanta

Homeowners in Atlanta will soon have a new outlet when it comes time to sell their house – Zillow. Beginning in the fall of this year, Atlanta homeowners will be able to sell their home directly to Zillow, if they so choose. The move into Atlanta is an expansion of Zillow’s direct buying program, Zillow Offers, which the company launched earlier this year.

AIME creates National Mortgage Brokers Day

Mortgage industry trade group Association of Independent Mortgage Experts just created a new holiday to honor the nation’s mortgage brokers: National Mortgage Brokers Day. The new holiday took place on July 18 and will continue to take place every July 18 henceforth until the end of the industry.

Powell: Housing not the economic driver it once was

Federal Reserve Chair Jerome Powell returned to Capitol Hill on Wednesday for this second appearance of the week. During his hearing before the House Committee on Financial Services, Powell explained that the housing industry simply isn’t the economic driver that it once was and actually doesn’t have much pull in monetary policy decision making.

Movement Mortgage expands its national sales director team

Movement Mortgage reappointed Tony Taveekanjana to its national sales directing team after he spent a year away pursuing other opportunities.

Roofstock acquires single-family rental management platform

Roofstock is moving to expand its market share in the single-family rental realm. The company just acquired SFR management company Streetlane Homes with the goal of expanding into new markets with the acquisition and accessing more institutional investor clients.