Real Estate News 01/21/2026

A plan to levy a one-time 5% tax on California billionaires faces major hurdles, with business leaders mobilizing against it and voters set to decide whether taxing extreme wealth is worth the risk.

In The News:

LA Times– “Explaining California’s billionaire tax: The proposals, the backlash and the exodus“(01-19-2026)

“The battle over a new tax on California’s billionaires is set to heat up in the coming months as citizens spar over whether the state should squeeze its ultra-rich to better serve its ordinary residents.”

PR Newswire –“ATTOM ACQUIRES RESISHARES TO EXPAND ITS DATA AND ANALYTICS PLATFORM”(01-20-2026)

” ATTOM, a leading curator of land, property data, and real estate analytics, today announced it has acquired key assets of ResiShares, including its analytics platform and proprietary technology. By combining these assets with ATTOM’s national property data, the acquisition strengthens ATTOM’s analytics and technology foundation and reinforces the company’s ongoing investment in data, analytics, and AI-driven innovation for clients across the entire real estate ecosystem.”

Investopedia –“Trump Is Set to Unveil Big Plans Addressing Housing Affordability This Week. Here’s What We Know” (01-19-2026)

“Housing affordability has been a problem for the U.S. economy in recent years, and President Donald Trump is set to roll out what he describes as a series of “aggressive” reforms for the housing market this week.”

Reuters –“US President Trump’s proposals to address living costs“(01-20-2026)

“U.S. President Donald Trump, under pressure to address voter affordability concerns ahead of congressional elections this year, has recently pushed a number of major policy proposals aimed at boosting home ownership and reining in living costs.”

NewYork Fed –“HOUSEHOLD DEBT AND CREDIT REPORT“ (01-12-2026)

“Household Debt Hits $18.59 Trillion in Third Quarter; Mortgage Originations Tick Up”