Akron looks to deflate minimum lot size rules to spur infill

Leaders in Akron, a heartland city nearly 40 miles south of Cleveland, hope to shed the city’s “Rust Belt” label and drive its emerging revival by making it easier to build new homes. To achieve the objective, planners believe they’re on the verge of eliminating minimum lot sizes to counteract a shr
Read MoreMortgage Forward to acquire First Federal Bank’s TPO division

Mortgage Forward announced Friday that it has agreed to acquire the third-party origination (TPO) division of First Federal Bank, including QRL Financial, in a deal the companies say will expand Mortgage Forward’s national mortgage lending platform and broaden its product offerings. The companies co
Read MoreNest Egg Protection Act would raise capital gains tax exclusion for senior home sellers

Rep. Nicole Malliotakis (R-N.Y.) has introduced federal legislation that would temporarily raise the capital gains tax exclusion to $1 million for senior homeowners who sell their longtime primary residences. The move aims to ease tax burdens on older Americans and free up inventory for younger home
Read MoreDrees Homes bets on operational leadership for next century

[Image (left to right): Scott Drees, Midwest Regional President, Barbara Drees Jones, VP Marketing, David Drees, Chairman, Alexa Drees Walker, Director of Midwest Design Centers. Drawing: Maggie Goldstone] The resonant image of a German immigrant’s handiwork – a brick Cape Cod house built on a shoes
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