real estate industry
Coverage of real estate industry in the Nexus archive.
- Congress just passed the most significant housing bill in decades, so why won’t Trump sign it?
Congress passed a bipartisan housing bill aimed at reducing costs and increasing home construction, but President Donald Trump has refused to sign it until Congress passes legislation requiring proof of citizenship for voters. The bill, supported by the real estate industry and housing advocates, faces a delay due to Trump's conditional stance.
- Trump refuses to sign bipartisan housing bill into law. What does that mean for homebuyers, renters?
President Donald Trump has refused to sign the bipartisan 21st Century ROAD to Housing Act, which aims to reduce housing costs and increase home construction, until Congress passes legislation requiring proof of citizenship for all voters. The bill, supported by Congress and the real estate industry, includes measures to streamline construction and limit corporate landlords' influence but faces delays due to Trump's refusal.
- Trump refuses to sign bipartisan housing bill into law. What does that mean for homebuyers, renters?
President Donald Trump refused to sign the bipartisan 21st Century ROAD to Housing Act into law, citing a demand for legislation requiring voter citizenship proof. The bill aimed to reduce housing costs by streamlining construction processes and limiting corporate landlords' influence, but its delay may prolong challenges for homebuyers and renters in a struggling market.
- Toll Brothers Up As Luxury-Home Orders Hit Highest in Two Years
Toll Brothers' luxury-home orders have reached their highest level in two years, indicating a strong demand for high-end homes. This increase in orders suggests a positive trend for the company. The surge in luxury-home orders is a significant development for Toll Brothers.
- I’m selling my $1 million Maui home. Will my agent charge me less than a 6% commission?
Legislation introduced in 2024 aims to change the traditional 6% real-estate commission model. A homeowner is selling their $1 million Maui home and wondering if their agent will charge less than 6%. This could impact the real estate industry.
- Inside ground zero of the condo crisis: For sale signs line the streets and owners are begging to leave... but red flags in their online listings reveal the truth about this American pandemic
The condo crisis in America has led to a surge in 'for sale' signs, with owners desperate to leave, but online listings reveal red flags about the true state of the crisis. Owners are struggling to sell their condos, and the market is filled with uncertainty. The crisis is affecting many lives and livelihoods.
- New York Plans Tax on Homes Over $1 Million Purchased With Cash
New York plans to implement a tax on homes purchased with cash for over $1 million. The tax aims to address financial transactions. It targets high-value cash purchases.
- House prices will fall in the coming months, say estate agents
House prices are expected to fall in the coming months according to estate agents. This prediction is based on current market trends. Estate agents anticipate a decline in house prices due to various factors.
- Nearly half of homes listed in past three years failed to sell as owners are pricing them TOO high
Nearly half of homes listed in the past three years have failed to sell due to high pricing by owners. This trend indicates a challenging housing market where sellers' expectations exceed buyers' willingness to pay. The situation highlights the importance of realistic pricing in real estate.
- I renovated my first home... and made £55,000! First-time buyers opt for fixer-uppers to save money without compromising on location
A first-time home buyer renovated their first home and made a profit of £55,000. This approach is becoming increasingly popular among first-time buyers who want to save money without compromising on location. By opting for fixer-uppers, buyers can purchase homes in desirable areas at lower prices.
- Gnomes devalue your home! Here's the cheapest ways to improve your garden and add up to 20% in value to your property
The article discusses ways to improve a garden and increase property value by up to 20%. It highlights cheap methods to enhance garden appearance. Improving a garden can significantly boost a property's worth.
- A rigged housing market puts the American Dream further and further out of reach
The article discusses the growing unaffordability of housing in the U.S., driven by underbuilding, restrictive zoning, and regulatory barriers. It highlights concerns about reduced transparency in real estate markets, with some players steering listings to private networks, undermining fair competition and eroding trust.
- Rental platform unnecessarily collected the data of millions of Australians, privacy commissioner finds
The Australian privacy commissioner found that rental platform 2Apply unnecessarily collected excessive personal data from users, exacerbating tenant vulnerabilities during the housing crisis. The ruling highlights concerns about RentTech platforms' role in amplifying power imbalances in the real estate industry.