Nest Egg Protection Act would raise capital gains tax exclusion for senior home sellers
Rep. Nicole Malliotakis proposes the Nest Egg Protection Act to raise the capital gains exclusion to $1M for longtime senior homeowners.
New York
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New York AG probes Compass-Anywhere acquisition
New York AG Letitia James is seeking information on Compass’s $1.6 billion Anywhere deal amid antitrust and market share concerns.
New brokerage Showings bets on buyer leads over listing commissions
Showings said its aims to modernize the selling experience through a fee-free structure “centered on savings, efficiency and buyer activity.”
Will new tax on ultra-luxury NYC homes derail red-hot demand?
The proposed tax would apply to second homes valued above $5 million, with higher rates for properties exceeding $15 million and $25 million.
New York joins states seeking to regulate private listing networks
New York introduced a bill to require public listing marketing and regulate private listing networks, as other states pass similar laws.
Rayse, OneKey MLS partner on agent value tools in New York
Through the collaboration, OneKey MLS members will gain access to the Rayse platform along with co-branded educational programming.
Housing market weathers storm disruption, sets up for spring
New listings and pending sales dipped in late January, driven by a snowstorm rather than broader housing market trends.
Americans are moving less frequently — and staying closer to home
Bank of America’s findings suggest that the era of a dramatic nationwide migration has faded, replaced by a quieter trend of households trading one nearby city for another due to better housing affordability.
Early Alexander Brothers accuser found dead in Australia
The woman filed a civil lawsuit in March 2024 accusing the Alexander brothers of sexually assaulting her more than a decade earlier.
Memo reportedly undercuts mortgage fraud allegations against Letitia James
Prosecutors reviewing the mortgage occupancy fraud case against New York Attorney General Letitia James determined there is evidence that undercuts the allegations against her, according to an ABC News report based on sources.