News & Analysis as of

Residential Real Estate Market

Bennett Jones LLP

B.C. Court of Appeal Decides Strata Corporations Lack Standing to Bring REDMA Claims Against Developers

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Whether a strata corporation has the standing to bring representative Real Estate Development Marketing Act, SBC 2004, c 41 (REDMA) claims on behalf of owners has been a long-standing issue in strata property law. The B.C....more

Lerch, Early & Brewer

Hiring an Attorney May Save You Money When Looking to Buy a Home

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Buying a home is commonly an individual’s most significant purchase. A buyer will often turn to a real estate agent for guidance during the home buying process, particularly because historically the seller pays the buyer’s...more

Bennett Jones LLP

Top Five Things to Know About Proptech in Canada

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We are in the midst of a digital transformation of all aspects of the real estate industry, including development, marketing, transactions, financing and management. The convergence of property and technology, known as...more

Pillsbury Winthrop Shaw Pittman LLP

FinCEN Finalizes Rule to Compel Reporting of Individuals and Beneficial Ownership of Entities Involved in Specified Transfers of...

FINCEN’s final rule (RRE Rule), effective December 1, 2025, will require disclosure of the transferor and transferee(s) and the individuals and the beneficial owners of entities involved as transferee in the transfer of...more

Cozen O'Connor

City Council Approves Bronx-Metro North Rezoning

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On Aug. 15, 2024, the New York City Council approved the Bronx-Metro North Neighborhood Plan, the first New York City Department of City Planning-led neighborhood plan certified and approved under the Adams administration....more

Venable LLP

Green Fast Track for Housing Rule to Streamline Residential Development in NYC

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As part of Mayor Eric Adams' "Get Stuff Built" initiative to increase housing supply and reduce regulatory constraints on new development, the New York City Planning Commission approved the Green Fast Track for Housing Rule...more

Lowenstein Sandler LLP

Getting Creative with Real Estate Investing: A Discussion with Entrepreneur-Attorney Naheem Harris

Today on “Terra Firma: Conversations on Commercial Real Estate,” hosts Stacey C. Tyler and Stephen Tanico chat with Naheem Harris, investor and real estate lawyer, about what he is seeing in the current real estate market,...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (7/31/24) – International Homebuying Shrinks Commercial Real Estate Focus on...

In our latest roundup, mortgage rates drop to lowest levels since March, hotel construction activity highest since February 2023, Biden administration calls for legislation regarding property owners, and more!...more

Ballard Spahr LLP

Pennsylvania: It’s Time to Appeal Your Real Estate Taxes

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The Pennsylvania deadlines for appealing 2025 real estate taxes are fast approaching. There are several factors to consider in determining whether to appeal....more

McGuireWoods LLP

Federal Adaptive Reuse Bill Introduced in House of Representatives

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U.S. Reps. Mike Carey (R-OH) and Jimmy Gomez (D-CA) introduced the bipartisan “Revitalizing Downtowns and Main Streets Act” in the House of Representatives on July 12, 2024. Modeled after the Historic Preservation Tax Credit,...more

Bricker Graydon LLP

$100M Mission Point Project Will Create Hundreds of New Jobs Near Wright-Pat

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As Dayton’s defense industry continues to grow, a local developer plans to invest more than $100M in a mixed-use development aimed at attracting defense contractors....more

Lowndes

Osceola County Considers 90-Day Moratorium on Residential Development Rezoning Applications

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The Osceola Board of County Commissioners is proposing a 90-day county-wide moratorium on applications that would allow residential development on land zoned for non-residential uses, among other restrictions. The proposed...more

Nutter McClennen & Fish LLP

Nutter Bank Report: June 2024

The CFPB, as part of its initiative to accelerate the shift to open banking in the United States, issued a final rule on June 5 that outlines the qualifications to become a recognized industry standard setting body, which can...more

Tonkon Torp LLP

Portland Area Residential Real Estate Trends Remain Dynamic

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According to the most recent RMLS data available, in May 2024, the Portland metropolitan real estate market showed signs of vibrancy and growth. Home prices continued their upward trend with the average sale price reaching...more

Fox Rothschild LLP

Waiver Requests in Land Development: A Step Not to Be Taken Lightly

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A recent Commonwealth Court decision provides important lessons about the challenges developers face when seeking a waiver from provisions of a municipality’s subdivision and land development ordinance (SALDO). In M&D...more

Bilzin Sumberg

Vertical Subdivisions Receive Recognition in 2024 Amendments to the Condominium Act

Bilzin Sumberg on

This year’s extensive condominium bill CS/CS/CS/HB 1021 (“HB 1021”) containing amendments to the Condominium Act created a new Section 718.407 entitled “Condominiums created within a portion of a building or within a multiple...more

Meyers Nave

CA Supreme Court Holds CEQA Does Not Cover Social Noise from Residential Projects, Clearing Way for UC Berkeley’s Housing Project...

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So-called “social noise”—i.e., noise created by human voices—is not an environmental impact required by the California Environmental Quality Act (“CEQA”) to be analyzed for residential projects, the California Supreme Court...more

Bennett Jones LLP

British Columbia Introduces the Flipping Tax—What is it and Why Should You be Aware?

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What is the Flipping Tax and Why is it Important? The B.C. government announced in its 2024 budget a plan to introduce a tax (the Flipping Tax) on income earned from the sale of a property within 730 days of acquisition....more

Sheppard Mullin Richter & Hampton LLP

HUD Updates Home Equity Conversion Rules for Purchases

On April 26, the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2024-06, announcing changes to the Home Equity Conversion Mortgages (HECMs) for purchases (H4P loans), a mortgage program...more

Brownstein Hyatt Farber Schreck

Colorado Enacts Local Right of First Refusal Housing Policy

Legislature Gives Local Governments Right of First Refusal on Affordable Housing and Right of First Offer on Certain Market Rate Multifamily Properties - On the final day of the legislative session, the state legislature...more

Goodwin

The Continued Rise of Branded Residences: Opportunities and Structuring Considerations For Developers, Hotel Owners, and Brands

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While the general commercial real estate markets have faced more than a year of raising interest costs, fewer deals, and economic uncertainty, the branded-residences sector has not only remained resilient but also has...more

Latham & Watkins LLP

German Residential Portfolios: Market Outlook

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As investors scrutinise German residential real estate opportunities in 2024, the environment looks very different from a year ago. While some large deals were executed in 2023 despite pressures in the market, the outlook for...more

Whitman Legal Solutions, LLC

Why the NAR Settlement Might Favor Sellers of High-Priced Homes

Suppose we compare how orchestra violinists are paid to how residential real estate agents are paid. In contrast to violinists, who must spend a fixed amount of time in rehearsals and concerts, real estate agents receive the...more

Flaster Greenberg PC

What are the benefits of hiring a real estate attorney in NJ?

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Buying or selling a house can be an emotional experience. You may feel excited for a new home, nervous about the closing of your current home, or overwhelmed by the home inspection and documentation.  It can be a very complex...more

Goodwin

‘Office Is Not Dead’, and Other Takeaways on the Real Estate Outlook

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Developments in offices, AI, and operational real estate are driving expectations for a rebound in commercial real estate. A sense of optimism pervaded the air at Goodwin and Columbia University’s annual Real Estate...more

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