From the 20% pass-through tax deduction for independent contractors to the promise of opportunity zones to revitalize struggling communities, President Donald Trump extolled the impact of an array of achievements that have benefited real estate practitioners. He spoke before an enthusiastic crowd of 2,000 REALTORS® Friday who packed a Marriott Wardman Park hotel ballroom in Washington, D.C., during the REALTORS® Legislative Meetings & Trade
You can make any listing picture-perfect with virtual staging tools, which can do everything from manipulating the appearance of skies in photos to making empty properties look like modern spaces with fancy fixtures. But there is such a thing as going too far—and it could land you in hot water.When virtual staging changes listing photos drastically from their original appearance, it can be misleading and give buyers a false impression of a prop
Property managers can be held legally responsible for discrimination and harassment by contractors, such as maintenance workers, and for failing to address a tenant who is infringing on the rights of another tenant, experts said Thursday during the Property Management Forum at the REALTORS® Legislative Meetings & Trade Expo in Washington, D.C.Further, property managers must also address issues of tenants’ visitors harassing other tenants,
The U.S. House of Representatives took a step on Friday that sought to stop housing discrimination based on sexual orientation. It’s a move that several housing groups, including the National Association of REALTORS®, have long advocated.The House voted 236–173 on Friday to approve the Equality Act, H.R. 5, which would prohibit discrimination on the basis of sexual orientation and gender identity in housing, credit, employment, public educat
Political divisiveness on Capitol Hill likely will prevent Congress from passing legislation this year addressing important tax initiatives that affect real estate, including the state and local tax (SALT) deduction and an extension of the Mortgage Forgiveness Debt Relief Act, lobbyists for the National Association of REALTORS® said Wednesday.Speaking to the association’s Federal Taxation Committee during the REALTORS® Legislative Meetings &a
Photos of a home in Buda, Texas, are drawing widespread attention across social media. It’s the home’s unusual hand-painted and very pink interior decor that has drawn the attention.The owner, Melissa Stephenson, told FOX 7 in Austin, Texas, that the home is filled with hand-painted “joy.” Poodles, polka dots, and hearts decorate the walls of the four-bedroom, two-bath ranch-style home. The owner and her husband are selling the house
Landlords and property managers are entitled to “reliable verification” of a tenant’s need for a service animal and can require proof beyond an online certification, a Department of Housing and Urban Development official said Tuesday at the REALTORS® Legislative Meetings & Trade Expo in Washington, D.C.Lynn Grosso, director of HUD’s Fair Housing and Equal Opportunity Enforcement Office, told the Land Use, Property Rights & Enviro
Inventory shortages are continuing to dig into agents’ home sales volume. In 2018, the typical agent completed 11 transactions, the same as 2017, according to the 2019 Member Profile, released by the National Association of REALTORS® and reflecting 12,700 member responses. However, REALTORS® did see a slight uptick in incomes last year. The median gross income of REALTORS® was $41,800 in 2018—an increase from $39,800 in 2017.For the sixth
Homeowners are showing more love for their front yards, carving out a spot to mingle with neighbors and relax. A new article at realtor.com® says front yards and porches are among the hottest outdoor trends of the season—a trend that is stretching way beyond just Southern states.“People are rediscovering the joys of using the front yard and porch as an extended living room,” Pablo Solomon, a designer in Austin, Texas, told realtor.com®.
For years, California markets dominated realtor.com®’s hottest housing market list. But the Midwest and Northeast are drawing in more house hunters online. Several newer markets, including some known for housing affordability, are gaining momentum among home buyers, according to realtor.com®’s monthly rankings for April.Each month, realtor.com® ranks markets based on how fast homes are selling and how many views the metro’s listings rece
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