Another state vs. local jurisdiction showdown is brewing up in Indiana. Lawmakers there are poised to strip cities of much of their power over where and how new housing is built, setting up a clash over who holds the reins of local growth and – critically – housing development. Indiana’s proposed bill would transform how…
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The U.S. appraisal industry is facing a myriad of issues: a workforce shortage, rising regulatory scrutiny and new technology requirements that could reshape the profession altogether. Jim Park, the president and CEO of Collateral Risk Network and a certified general appraiser, spoke with HousingWire about the challenges facing the industry. He spoke about the declining…
The Federal Reserve held its benchmark interest rate steady Wednesday in a target range of 3.5% to 3.75%. The decision was widely expected as little has changed since December in the balance of risks tied to its dual mandate of maximum employment and price stability, economists said. “Available indicators suggest that economic activity has been…
Lacey Conway is leaving Compass to serve as the president of Long & Foster Real Estate. HomeServices of America, as announced by the parent company of Long & Foster’s on Wednesday. In this role Conway will work closely with Patrick Bain, the CEO and president of The Long & Foster Companies, and she will focus…