Featured Real Estate News
New Data Reports Find Mixed Results in April Home Price Activity
A pair of newly published data reports offer mixed results on home price activity during April. The S&P Cotality Case-Shiller US National Home Price NSA Index, covering all nine U.S. census divisions, reported a 0.8% annual gain in April, up from a 0.7% rise in...
New Data Reports Find Mixed Results in April Home Price Activity
The FHFA reported April’s house prices were down nationwide by a scant 0.1% from the previous month but were up 2% from one year earlier. Continue Reading New Data Reports Find Mixed Results in April Home Price Activity
Luxury Home Prices Are Rising 3-Times Faster Than Non-Luxury Prices
The median luxury home sale price rose 4.7% year-over-year to $1.37 million during the three months ending May 31, according to a data report from Redfin. That surge is more than triple the 1.5% gain in non-luxury sale prices. Pending sales of luxury homes rose 5.2%...
NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied-à-Terre Tax
The administration of New York City Mayor Zohran Mamdani has disclosed how it plans to enforce its new so-called “pied-à-terre tax” on luxury second homes. The New York Post reports the city’s Department of Finance (DOF) will contact the owners of the targeted...
New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los Angeles
The real estate investment company Kennedy Wilson has teamed with the multifamily development firm Jamison in a partnership that plans to deliver 4,000 affordable housing units across Los Angeles through adaptive reuse and ground up construction. The partnership,...
News & Current Events
New Report Finds National Average for Mortgage Closing Costs Down by 3%
The greatest single-market shift during this period occurred in the District of Columbia, where closing costs dropped 21.1%. Continue Reading New Report Finds National Average for Mortgage Closing Costs Down by 3%
Kansas City Royals Submit Rezoning Plan for New Stadium and Entertainment District
In April, the Royals announced plans for a new $1.9 billion stadium and surrounding district. Continue Reading Kansas City Royals Submit Rezoning Plan for New Stadium and Entertainment District
Trump: Housing Bill is a ‘Big Yawn’
“It’s very bipartisan — that means the Democrats like it,” he said. Continue Reading Trump: Housing Bill is a ‘Big Yawn’
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New Data Reports Find Mixed Results in April Home Price Activity- Luxury Home Prices Are Rising 3-Times Faster Than Non-Luxury Prices
- NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied…
- New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los …
- New Report Finds National Average for Mortgage Closing Costs Down by 3%
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Luxury Home Prices Are Rising 3-Times Faster Than Non-Luxury Prices
Pending sales of luxury homes rose 5.2% year-over-year during the same period, which marked the largest gain since December 2024. Continue Reading Luxury Home Prices Are Rising 3-Times Faster Than Non-Luxury Prices
NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied-à-Terre Tax
One- to three-family homes worth at least $5 million and co-ops and condominiums valued at $1 million or more are subject to the tax. Continue Reading NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied-à-Terre Tax
New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los Angeles
The first project will be the conversion of the former LA World Trade Center, which will be re-branded as “Sky Castle.” Continue Reading New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los Angeles
New Report Finds National Average for Mortgage Closing Costs Down by 3%
The greatest single-market shift during this period occurred in the District of Columbia, where closing costs dropped 21.1%. Continue Reading New Report Finds National Average for Mortgage Closing Costs Down by 3%
Kansas City Royals Submit Rezoning Plan for New Stadium and Entertainment District
In April, the Royals announced plans for a new $1.9 billion stadium and surrounding district. Continue Reading Kansas City Royals Submit Rezoning Plan for New Stadium and Entertainment District
Trump: Housing Bill is a ‘Big Yawn’
“It’s very bipartisan — that means the Democrats like it,” he said. Continue Reading Trump: Housing Bill is a ‘Big Yawn’
DeSantis, in Reversal, Declines to Campaign for Measure Ending Florida’s Property Taxes
“I think most people are going to be supportive of it, but I don’t know that,” he stated. Continue Reading DeSantis, in Reversal, Declines to Campaign for Measure Ending Florida’s Property Taxes
South Dakota Coalition Fails to Get Ballot Measure on Contentious Property Tax Law
“The cost-of-living crisis is hitting all South Dakotans,” said Ned Horsted, chairman of South Dakotans for Fair Taxes. Continue Reading South Dakota Coalition Fails to Get Ballot Measure on Contentious Property Tax Law
Nashville Mayor Plans Eminent Domain Strategy to Halt Development of Data Center
“Metro has not identified a lawful public use that would justify taking this property by eminent domain,” said DC Blox attorney Doug Sloan. Continue Reading Nashville Mayor Plans Eminent Domain Strategy to Halt Development of Data Center