The National Association of Realtors (NAR) praised the narrow passage of President Donald Trump’s One Big Beautiful Bill Act — a sweeping tax reform measures that includes a slate of real estate-related provisions. Last week, the legislation passed the House of Representatives by a vote of 218-214, which followed a 50-50 vote in the Senate […]
NAR celebrates passage of the ‘Big Beautiful Bill’ Read More »
President Donald Trump’s One Big Beautiful Bill Act is about to become law. The House of Representatives on Thursday voted to advance the budget reconciliation bill by a razor-thin margin, echoing the 50-50 tie in the Senate that required Vice President JD Vance’s vote in order to advance the legislation. The White House has scheduled
One ‘Big Beautiful’ win: House advances budget bill for Trump’s signature Read More »
The Trump administration’s “Big Beautiful Bill” may contain many initiatives lauded by the housing industry, but if you’re a federal regulator — namely the Consumer Financial Protection Bureau (CFPB) — you might have a different take. The multitrillion-dollar bill, which was passed by the U.S. Senate on Tuesday but still awaits approval from the House
The CFPB’s budget might be shrinking, but does that even matter? Read More »
President Donald Trump’s “Big Beautiful Bill” is headed back to the House for reconciliation after passing the Senate with a tiebreaking vote from Vice President JD Vance. The 1,116-page multitrillion-dollar bill contains some key changes for older Americans, including a senior bonus tax deduction that would offset taxes on Social Security. But the bill also
What’s in Trump’s ‘Big Beautiful Bill’ for seniors? Read More »
Senate Republicans on Tuesday advanced President Donald Trump’s sprawling “Big Beautiful Bill” in a last-second flurry that required Vice President JD Vance to cast a tie-breaking vote. All 47 Senate Democrats voted against the bill, with Republicans Susan Collins, retiring Thom Tillis and Libertarian deficit hawk Rand Paul joining them. The bill now goes back
Housing industry cheers Senate passage of the ‘Big Beautiful Bill’ Read More »
Come July 1, those working and transacting in Florida’s condo market will have some new requirements to deal with. On Monday, Florida Governor Ron Desantis signed both HB 913 and HB 393 into law. Many of the changes outlined in the bills were championed by Florida Realtors. These changes include things like adjustments to document
New Florida condo laws aim to add transparency for buyers Read More »
There are about 80,000 veterans in the U.S. who are behind on their mortgages and heading toward foreclosure, according to data from ICE Mortgage Technology, a number that could have been alleviated with help from the Veteran Affairs Servicing Purchase (VASP) program. But just last month, the program was abruptly discontinued by the U.S. Department of Veterans
Without VASP, veterans don’t have a foreclosure safety net Read More »
As Republican lawmakers continue to press ahead with a proposal to sell wide swaths of federal land, one official in a state that would be impacted is ramping up her opposition to plans from both the Trump administration and her congressional colleagues. Democratic Sen. Catherine Cortez Masto of Nevada on Wednesday lambasted Department of the
Nevada senator criticizes Republican federal lands proposal Read More »
As the economic situation for many Americans continues to evolve due in part to the cost of housing, one Democratic member of the House of Representatives used her time on the floor Tuesday to call for more action to address rising housing expenses. Rep. Shontel Brown (D-Ohio) on Tuesday introduced a House Resolution calling for
House Democrats call for more action on US housing crisis Read More »
In an effort to impact the housing supply crunch faced by the city of Philadelphia, municipal lawmakers have advanced legislation designed to speed the approval process for the production of affordable housing. The move, reported by Philadelphia-based NPR affiliate WHYY, represents a coordinated effort by city leadership to speed the process for developers who specifically
Philadelphia lawmakers advance ordinance to speed affordable housing construction Read More »