An initiative to eliminate Wyoming’s property taxes through the passage of a constitutional amendment is taking shape in the state’s legislature. Wyofile.com reports this initiative is fueled by confusion that previous property tax relief efforts. “Taxpayers often...
The number of homes for sale has topped 1 million for the first time since Winter of 2019, according to data from Realtor.com. However, only metros in the South or West have fully returned to pre-pandemic inventory levels. All 50 of the largest metro areas posted...
New data from ATTOM showed that 1.4 million mortgages were secured by residential properties during the first quarter, a 14% drop from the previous quarter. The first quarter’s decline was attributed to a 20% drop in home purchase loans, which shrank from 738,675 in...
A Maryland man was sentenced to 15 months in federal prison for his role in trying to sell a parcel without the knowledge of the owner. Duane Dixon Jr. was found guilty last January of conspiracy to commit wire fraud and three counts of wire fraud. Dixon was part of a...
The British-headquartered fund manager APS Group has become the first institutional investor to directly acquire tokenized real estate assets through the MetaWealth blockchain-based investment platform. Cointelegraph reports APS purchased $3.4 million in tokenized...
Hits and Misses for the Real Estate Week of April 27-May 1
