Tax

A group of Massachusetts lawmakers, local elected officials and housing advocates plan to launch a new coalition next week to advocate for real estate transfer fee legislation.

The proposed changes laid out by banking regulators would clear up confusion about what qualifies for CRA credit within so-called Opportunity Zones. But not all community development advocates are convinced that the changes are for the better.

Last month, brokers anticipated local residential markets swinging, if ever so slightly, to give buyers more bargaining power.

Median home prices rose annually by more than the national average of 8.3% in nearly half of low-income areas with certain tax advantages, according to Attom Data Solutions.

Months after a citywide reassessment caused property values to shoot up across New Orleans, its likely impact on taxpayers' wallets is becoming clearer.

It's the season when estimated property tax bills for 2020 show up in the mail, and the numbers could be eye-opening for some Minnesota homeowners.

Next week's $500 million taxable revenue bond deal is backed by a 1% surcharge on annual incomes higher than $1 million.

So far farm loans are holding up well, but bankers gathered at an industry conference this week said they are growing increasingly concerned that credit quality will weaken if the U.S. and China don’t reach a deal soon.

Homebuyers have returned to Westchester County, N.Y., and for the first time in a year, their purchases are putting a dent in the inventory of properties for sale.

Detroit and Wayne County officials want to wipe away portions of property tax debt for thousands of poor homeowners as part of a new proposal.

Newly adopted municipal real estate transfer taxes have the potential to be costly to lenders if not disclosed properly.

Home equity lenders expect origination activity to remain dreary through next year even though consumers can potentially access more proceeds now than in 2006, a Mortgage Bankers Association survey found.

About 80% of Opportunity Zones had median home prices below the national mark of $266,000 in the second quarter, with 47% of them below $150,000, according to Attom Data Solutions.

Mortgage companies will be charged fees to upgrade an Internal Revenue Service system they use, but will benefit from the improvement as well.

The Mortgage Industry Standards Maintenance Organization is working with stakeholders to come up with a common means of handling new tax transcript authorization requirements in the Taxpayers First Act.

In the constant search for metro areas offering affordability and purchasing power, consumers abscond exorbitantly priced big cities in favor of alternative locales further inland.

Fed up with the high taxes and regulation back home in New York, retired officer Thomas Maloney and his wife, real estate agent Theresa Hart, are looking to offload a home in Long Island — quickly.

More than half of the benefit of repealing the $10,000 deduction cap for state and local taxes would go to millionaires, according to Congress's nonpartisan tax scorekeeper.

The bipartisan proposal aims to renew banks' interest in low-income housing tax credits and bring more lower-priced homes to markets that badly need them.

Democratic presidential candidate Julian Castro called for a sharp rise in federal spending on housing for millions of Americans who are living on the street or struggling to pay rent.