$100,000 H-1B Fee Blocked Again in Court of Appeals The Donald Trump administration's attempt to increase the application fee for the H-1B specialty occupation visa to $100,000 has hit another roadblock. Reuters reported on the 24th that the U.S. Court of Appeals for the First Circuit, based in Boston, rejected the Trump administration's request to stay the effect of a lower court...
Broker Fees Hinder Residential Mobility • Federal Appeals Court Dismisses Lawsuit Against FARE Act. Ordinance Banning Shift of Broker Fees to Tenants Maintained. • On the 13th, the U.S. Court of Appeals for the Second Circuit dismissed the plaintiffs' claims in a lawsuit filed by New York City landlords and real estate brokerage groups opposing an ordinance (the FARE Act) that prohibits...
Investment Strategies Direct Comparisons: Income Generation / Cash Flow Real Estate Recurring rental income provides ongoing cash flow rather than requiring asset liquidation. Total return may consist of cash flow, appreciation, mortgage amortization, tax benefits, and value-added improvements. Positive cash flow can fund future investments, debt reduction, or...
Pal Park Wins Lawsuit Against Former Administrator Former Administrator Lorenzo ordered to return public funds received over $270,000 in sick leave and vacation pay. The Borough of Palisades Park, New Jersey (hereinafter referred to as Pal Park), has won its lawsuit seeking the return of public funds filed against former Administrator David Lorenzo. The court ordered Lorenzo to "return more...
NJ Finalizes $60.7 Billion Budget Governor Murphy Signs FY 2026–2027 Budget Proposal Includes Expansion of Property Tax Relief and Increased Investment in Education. The state government plans to provide a total of over $4.1 billion in tax relief through three property tax support programs: ANCHOR: A support program for homeowners and renters. Stay NJ: A property tax relief program...
U.S. New Home Sales Fell in May The rate of new home sales fell in May, according to a report released on Wednesday by the Census Bureau and the Department of Housing and Urban Development. Sales of new single-family homes fell to 580,000 in May, from 626,000 in April, the report said. A consensus of economists polled by The Wall Street Journal expected 632,000 sales in May. The estimate...
Homeownership Timing, Asset Accumulation, and the Racial Wealth Gap Wealth and White-Black Wealth Gaps Wealth consists of the assets a household accumulates over time, and home equity is the largest portion of household wealth across most of the U.S. wealth distribution Wealth Accumulation & Equity Growth: Real house prices in the U.S. have risen by roughly 150% over the last 6...