Appeals court reboots NYC pied-à-terre tax rollout after pause

New York City’s ultra-rich started the week with a reprieve from having to prove residency to avoid a pied-à-terre tax. But as the week ends, the reprieve itself proved fleeting. A state appeals judge yanked back the roadblock on Mayor Zohran Mamdani’s tax plan Thursday afternoon in a Staten Island
Read MoreWhy 2026 foreclosure gains are not a housing crash signal

The quarterly New York Fed foreclosure data came out for Q2, and once again — to the surprise of many doomers — the index fell slightly, still below 2019 levels. Not only that, but this week’s existing home sales report also showed housing inventory down year over year and sales slightly higher, wit
Read MoreRadian sells real estate services, plans title sale to PLACE

Radian Group has completed the sale of its real estate services business and agreed to sell its title insurance business to PLACE, marking a key step in the mortgage insurer’s shift into a global multi-line specialty insurer. The Wayne, Pennsylvania-based company said last Monday that it closed the
Read MoreARA expands advocacy, hires John Blount to lead lobbying

The American Real Estate Association (ARA) announced Friday that John Blount will serve as the Mauricio Umansky and Jason Haber-founded trade group’s chief lobbyist. Blount spent years as chief lobbyist for the National Association of Realtors (NAR), directing the association’s advocacy shop. He he
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