W. J. Mencarow

Realtor.com CEO Says There is a Way to Solve America’s Housing Crisis

Housing Market, Residential / By

Published by FOX Business | May 1, 2025 Realtor.com CEO Damian Eales takes aim at regulations, red tape Realtor.com CEO Damian Eales weighed in on what measures are needed to address America’s housing crisis, taking particular aim at excessive regulation. The U.S. has been contending with affordability and supply issues in its housing market for …

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Zillow: ‘Starter Homes’ Cost At Least $1 Million In Over 200 U.S. Cities

Housing Market, Residential / By

Published by CNBC | April 30, 2025 Home prices have risen by roughly 45% since 2020 Starter homes now cost $1 million or more in 233 U.S. cities — nearly triple the number from five years ago. That’s according to a new Zillow analysis, which shows just how out of reach the housing market has …

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Trump Administration Launches Mortgage Fraud Tip Line

Fraud, Government, Mortgages / By

Published by REALTOR.com | April 16, 2025 The Trump administration’s top mortgage regulator has vowed to “root out frauds and cheats” in the mortgage market after launching a tip line to report deceitful home loan applications. Federal Housing Finance Agency Director William Pulte announced the tip line last week, saying “anyone and everyone can submit …

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Lawsuit Challenges A New Rule Requiring Reporting Details Of Cash Real Estate Purchases

Legal / By

Published by Forbes.com | April 25, 2025 After the Treasury declared it would not enforce the CTA against domestic companies, a lawsuit has been filed to stop a similar reporting rule for cash real estate purchases. A lawsuit filed in the Eastern District of Texas this month could upend another Treasury reporting rule. Months after …

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L.A. Wildfire Victims Sue Insurance Carriers for Dropping Fire Coverage

Insurance, Legal / By

Published by REALTOR.com | April 22, 2025 The lawsuit claims the homeowners found themselves underinsured with more expensive policies. A group of Los Angeles residents who lost their homes in the January wildfires launched a lawsuit against major insurers for dropping fire coverage. The 14 families, who lost their homes in the fires, have slammed …

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Trump Says He Has No Plans to Fire Jerome Powell; Market Jumps

Government, Interest Rates, Politics / By

Published by Reuters | April 22, 2025 Trump openly mused about firing Powell, but was ultimately dissuaded by his advisers. President Donald Trump on Tuesday backed off from threats to fire Federal Reserve Chair Jerome Powell after days of intensifying criticisms of the central bank chief for not cutting interest rates. “I have no intention …

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What a Recession Could Mean for the Housing Market

Economy, Housing Market / By

Published by REALTOR.com | April 9, 2025 Trump’s new tariffs have raised fears that the U.S. economy will plunge into recession, which would have a major impact on housing. President Donald Trump’s new tariffs have raised fears that a trade war will plunge the U.S. economy into recession, which would have major implications for the …

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Masters Host Augusta National Wants This House, But Stubborn Neighbor Won’t Sell

Behind The News, Investments / By

Published by FOX Business | April 11, 2025 Even as Augusta National grows and evolves, the small brick house across from Gate 6-A remains untouched, a quiet reminder that not everyone can be bought. The Augusta National Golf Club has spent hundreds of millions of dollars reshaping the landscape around its storied course. The club, …

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How Eliminating Property Taxes Could Impact Florida Homeowners

Politics, Taxes / By

Published by U.S. News & World Report | April 14, 2025 Gov. DeSantis’ proposal to eliminate Florida’s property taxes would have a big impact on homeowners, residents and businesses. As Florida lawmakers debate Gov. Ron DeSantis’ proposal to eliminate state property taxes, buyers, sellers, agents, renters and landlords are trying to figure out the potential …

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Millions of Americans Blocked From Accessing $731 Billion in Home Equity

Interest Rates, Mortgages / By

Published by REALTOR.com | April 9, 2025 Job instability and high interest rates have left millions of homeowners with a mortgage locked out of $731 billion in home equity. Homeowners have long relied on their home equity, often touted as “America’s piggy bank,” to meet their changing financial needs, from paying off credit card debt …

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