Fannie and Freddie’s new rules change the playbook for condo buyers, sellers and managers alike

In March of this year, Fannie Mae and Freddie Mac unveiled a major change to condominium lending, financial and insurance standards aimed at improving the way condos are bought, sold and managed. These updated rules change the criteria for prospective condo buyers to obtain conventional financing th

Landmark Federal Housing Act Passes Final Vote; On Track for Signage

Long awaited by the industry, the House officially voted Tuesday night by a vote of 358-32, to pass the updated and amended version of the 21st Century ROAD to Housing Act, an omnibus housing bill that now heads to President Donald Trump’s desk for final passage.  The sprawling, bipartisan bill, whi

Capital Gains Tax Discourages Homeowners From Selling, Senate Hears

The Senate heard testimony on Tuesday regarding federal taxes on the profits from home sales, which industry advocates say could be discouraging millions of homeowners from selling. Kevin Brown, president of the National Association of Realtors®, urged Congress to raise the exclusion limits on capit

Congress passes 21st Century ROAD to Housing Act, sends bill to Trump

The 21st Century ROAD to Housing Act passed the House of Representatives after clearing the Senate and now heads to President Donald Trump’s desk for signature in the coming days. The housing package aims to reduce homeownership costs and improve housing supply while incorporating priorities from Co