Fair Housing Act charges filed in New Jersey
According to the U.S. Department of Housing and Urban Development (HUD), the owners of two apartment buildings in North Arlington, NJ, will pay $21,000 under an Initial Decision and Consent Order resolving allegations that the owners violated the Fair Housing Act by denying rental opportunities to prospective African-American tenants.
After a lengthy investigation, HUD discovered that Michael and Mary Ann Pontoriero refused to show apartments in either of the two buildings they own and after learning a prospective tenant was African American, they refused to return their calls. A HUD investigation found the discriminatory behavior in four separate tests conducted by local Fair Housing authorities.
HUD brought these charges on behalf of the prospective tenant after he called to inquire about one of Pontoriero’s apartments. A showing was scheduled anad confirmed but HUD reports that the building owners never showed once it was learned the man was African American. Local HUD authorities conducted four paired tests using a white tester and black tester in each test, resulting in Michael Pontoriero refusing to show up for appointments or return calls when he learned a potential renter was African American.
Actively discouraging African Americans from renting
Additionally, the owner was accused of driving by or arriving early to the appointment to discover a prospect’s race and that when he did end up showing a unit to an African American tester, he failed to highlight apartment features or go with them from room to room as he had white testers, then failed to provide an application, and actively discouraged black testers from applying to rent. Lastly, one test found that he quoted an African American tester $100 more per month than the white tester on the same day.
“Fair housing testing – where people of different backgrounds pose as applicants for housing – remains our most effective tool for exposing illegal housing discrimination that still too often occurs in this country,” stated Bryan Greene, HUD’s Acting Assistant Secretary for Fair Housing and Equal Opportunity. “HUD will continue to take enforcement action against individuals and housing providers who violate the Fair Housing Act.”
The Fair Housing Act
The Federal Fair Housing Act, established in 1968, protects civil rights in housing and prohibits housing providers, including condominium associations, from denying housing to anyone based on \a person’s national origin, sex, race, religion, or color.
In 1988, disability (codified by the ADA in 1990) and familial status were both included, many states and local communities also have also included members of the military as a protected class, and now, the National Association of Realtors has amended the Code of Ethics to include protections for all sexual orientations. HUD, along with all HUD insured housing likewise announced that they will not discriminate against actual or perceived sexually identity, or orientation.
In HUD’s words, “The Fair Housing Act makes it unlawful for a housing provider to refuse to make a reasonable accommodation in its rules, policies, practices, or services when needed to provide persons with disabilities an equal opportunity to use or enjoy a dwelling.”
Austin tops the list of best places to buy a home
When looking to buy a home, taking the long view is important before making such a huge investment – where are the best places to make that commitment?
Looking at the bigger picture
(REALUOSO.COM) – Let us first express that although we are completely biased about Texas (we’re headquartered here, I personally grew up here), the data is not – Texas is the best. That’s a scientific fact. There’s a running joke in Austin that if there is a list of “best places to [anything],” we’re on it, and the joke causes eye rolls instead of humility (we’re sore winners and sore losers in this town).
That said, SelfStorage.com dug into the data and determined that the top 12 places to buy a home are currently Texas and North Carolina (and Portland, I guess you’re okay too or whatever).
They examined the nerdiest of numbers from the compound annual growth rate in inflation-adjusted GDP to cost premium, affordability, taxes, job growth, and housing availability.
“Buying a house is a big decision and a big commitment,” the company notes. “Although U.S. home prices have risen in the long term, the last decade has shown that path is sometimes full of twists, turns, dizzying heights and steep, abrupt falls. Today, home prices are stabilizing and increasing in most areas of the U.S.”
Average age of houses on the rise, so is it now better or worse to buy new?
With aging housing in America, are first-time buyers better off buying new or existing homes? The average age of a home is rising, as is the price of new housing, so a shift could be upon us.
The average home age is higher than ever
(REALUOSO.COM) – In a survey from the Department of Housing and Urban Development American Housing Survey (AHS), the median age of homes in the United States was 35 years old. In Texas, homes are a bit younger with the median age between 19 – 29 years. The northeast has the oldest homes, with the median age between 50 – 61 years. In 1985, the median age of a home was only 23 years.
With more houses around 40 years old, the National Association of Realtors asserts that homeowners will have to undertake remodeling and renovation projects before selling unless the home is sold as-is, in which case the buyer will be responsible to update their new residence. Even homeowners who aren’t selling will need to consider remodeling for structural and aesthetic reasons.
Prices of new homes on the rise
Newer homes cost more than they used to. The price differential between new homes and older homes has increased from 10 percent traditionally to around 37 percent in 2014. This is due to rising construction costs, scarcity of lots, and a low inventory of new homes that doesn’t meet the demand.
Are Realtors the real loser in the fight between Zillow Group and Move, Inc.?
The last year has been one of dramatic and rapid change in the real estate tech sector, but Realtors are vulnerable, and we’re worried.
Why Realtors are vulnerable to these rapid changes
(REALUOSO.COM) – Corporate warfare demands headlines in every industry, but in the real estate tech sector, a storm has been brewing for years, which in the last year has come to a head. Zillow Group and Move, Inc. (which is owned by News Corp. and operates ListHub, Realtor.com, TopProducer, and other brands) have been competing for a decade now, and the race has appeared to be an aggressive yet polite boxing match. Last year, the gloves came off, and now, they’ve drawn swords and appear to want blood.
Note: We’ll let you decide which company plays which role in the image above.
So how then, does any of this make Realtors the victims of this sword fight? Let’s get everyone up to speed, and then we’ll discuss.
1. Zillow poaches top talent, Move/NAR sues
It all started last year when the gloves came off – Move’s Chief Strategy Officer (who was also Realtor.com’s President), Errol Samuelson jumped ship and joined Zillow on the same day he phoned in his resignation without notice. He left under questionable circumstances, which has led to a lengthy legal battle (wherein Move and NAR have sued Zillow and Samuelson over allegations of breach of contract, breach of fiduciary duty, and misappropriation of trade secrets), with the most recent motion being for contempt, which a judge granted to Move/NAR after the mysterious “Samuelson Memo” surfaced.
Salt was added to the wound when Move awarded Samuelson’s job to Move veteran, Curt Beardsley, who days after Samuelson left, also defected to Zillow. This too led to a lawsuit, with allegations including breach of contract, violation of corporations code, illegal dumping of stocks, and Move has sought restitution. These charges are extremely serious, but demanded slightly less attention than the ongoing lawsuit against Samuelson.
2. Two major media brands emerge
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