Politics

Blue-State Residents Are Fleeing To Red States for Lower House Prices

Published by REALTOR.com | June 21, 2024 Much of this mass migration has to do with real estate prices, which have shot up astronomically in blue-state strongholds such as California and New York. America’s Republican-leaning red states are winning at drawing in new residents from blue states—but locals don’t like it one bit. The Republican …

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Real Estate Investor Says ‘Nobody Wants To Do Business’ In NYC After Trump Verdict

Published by FOX Business | May 31, 2024 Prominent business executives have warned that more New York enterprises and their leaders may fall victim to “no rule of law” in the wake of Donald Trump’s guilty verdict. Former President Trump was found guilty on all counts in his historic and unprecedented criminal trial, making him the …

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Home Prices Come Into Focus as Key Issue in the 2024 Election

Published by REALTOR.com | May 13, 2024 With mortgage rates up and home prices out of reach for many first-time buyers, the affordability crisis is increasingly in the spotlight as campaign season heats up. In most presidential election years, home prices aren’t a key issue for voters or a major campaign talking point. Consider it …

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IRS Plans To More Than Double Its Audit Rate of Wealthy Taxpayers

Published by FOX Business | May 3, 2023 IRS also plans to nearly triple audit rates on large corporations with assets over $250M The IRS is planning to ramp up audit rates of wealthy Americans and large corporations as part of its sweeping effort to crack down on tax cheats. The tax-collecting agency aims to …

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Homes Have Become Less Affordable Since Biden Took Office

Published by FOX Business | April 1, 2024 The annual earnings required to afford a median-priced home, which Bankrate lists at $402,343, rose 46% between January 2020 and January 2024. Homes in the United States have become increasingly unaffordable during President Biden’s term in office, with one study showing that buyers in nearly half of the 50 …

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Gov. DeSantis Signs Law to ‘End the Squatters Scam,’ Protect Homeowners in Florida

Published by FOX News | March 27, 2024 Under the new law, property owners can now call on the sheriff’s office to immediately remove squatters from their homes if the suspects are unable to produce documents authorizing their residency by the property owner. Republican Florida Gov. Ron DeSantis on Wednesday signed legislation into law that …

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Biden’s $400 Monthly Homebuyer Tax Credit: A Potential Hurdle to Homeownership

Published by REALTOR.com | March 8, 2024 The White House estimates it would help almost 3 million families. President Joe Biden might have thrown a lifeline to aspiring homebuyers in his State of the Union address on Thursday evening, but some experts fear that it could result in higher home prices. The president said he would like …

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How The 2024 Election Could Impact The Real Estate Market

Published by FOX Business | February 26, 2024 Prior elections have coincided with eventful years from the pandemic and Brexit referendum, which caused prices to rise. Real estate economists are sounding the alarm about how the upcoming presidential election this November could impact the housing market. While the outcome could affect certain economic policies, the election cycle …

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