Washington state lawmakers working on commercial-to-residential conversion bill

The House of Representatives in the state of Washington last week approved a bill that seeks to expedite the process of converting commercial buildings into residential complexes. The measure passed overwhelmingly in a vote of 95-2.HB 1757 is sponsored by Rep. Amy Walen (D) and would modify the regu

John Burns: Rising property taxes are forcing retirees out of some states

Rising property taxes are a thorn in the side of many Americans in today’s housing market. Older Americans in particular are feeling the brunt of higher tax payments in key metro areas and are being forced to move, a recent report concluded.John Burns Research & Consulting (JBREC), a leading real es

Are AMCs the next target of class-action lawsuits?

Appraisers concerned about the rising role of appraisal management companies (AMCs) were dealt a blow by the turmoil that’s engulfed the Consumer Financial Protection Bureau (CFPB) since Donald Trump returned to the White House in January.Leaders in the appraisal profession had turned to the CFPB in