In his bid to improve New York City’s housing supply and affordability, Mayor Zohran Mamdani wants to speed construction of accessory dwelling units (ADUs) with pre-reviewed plans. Launched last week, the city’s “ADU for You” package relies on a set of standard plans for small secondary homes. It also includes an online guidebook, feasibility tools…
All Posts in "Real Estate News" Category
Category archive page
Compass is seeking to dismiss a Telephone Consumer Protection Act (TCPA) lawsuit filed against it last June by plaintiff Jessica Murch. Filed in U.S. District Court in Portland, Ore., the lawsuit claims that Murch received at least four calls beginning in August 2024 from Rachel Olson, a Compass agent, asking if she was interested in…
Cleveland-based CrossCountry Mortgage (CCM) has entered the bidding battle for Two Harbors Investment Corp., facing competition not only from UWM Holdings Corp. — which already has a signed agreement — but also from another unsolicited bidder offering a higher all-cash price. Market speculation that CCM was behind a $10.70-per-share cash offer surfaced late last week,…
An Intel survey suggests that a strong minority of sellers might take the real estate market somewhere most consumers don’t want it to go.