January 9, 2025 - 16:07
City Councilmember Lincoln Restler has urged the city to reevaluate its relationships with real estate brokerages following a recent lawsuit that alleges favoritism by the city’s leading real estate official. The controversy has raised concerns about transparency and fairness within the city's real estate dealings.
Restler's call for a fresh perspective comes at a time when trust in city officials is being scrutinized. He emphasized the importance of ensuring that all brokerages have equal opportunities to engage with the city, thereby promoting a more competitive and equitable real estate market.
The lawsuit has highlighted potential conflicts of interest and has sparked a broader conversation about the practices of city brokers. Restler believes that exploring partnerships with new and diverse brokerage firms could lead to more innovative solutions and better serve the community's needs. As the city navigates these challenges, the focus remains on fostering a fair and transparent real estate environment for all stakeholders involved.
June 15, 2025 - 01:59
Home Prices Expected to Rise in 2025, According to NAR ForecastThe National Association of Realtors (NAR) anticipates a 3% increase in home prices across the United States in 2025. This projected growth is largely attributed to a resurgence in housing sales...
June 14, 2025 - 02:38
Historic GE Headquarters in Fort Point Sold for $57 MillionBOSTON — The building in Boston’s Fort Point neighborhood that once served as General Electric’s temporary headquarters has been sold for just over $57 million. This transaction comes at a...
June 13, 2025 - 09:39
Will the New Tax on Non-Owner-Occupied Mansions Attract Celebrities to Rhode Island?As discussions intensify around the newly proposed tax on non-owner-occupied mansions, local real estate stakeholders are expressing concerns about its potential impact. Dubbed the `Taylor Swift...
June 12, 2025 - 21:48
California Attorney General Takes Action Against SoCal Landlord for Tenant ExploitationIn a significant legal move, California Attorney General Rob Bonta has initiated a lawsuit against prominent Southern California landlord Mike Nijjar. This action follows an extensive three-year...