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This State Has the Highest Real Estate Taxes (and It’s Not Even Close)

This State Has the Highest Real Estate Taxes (and It’s Not Even Close)

by Third Party | Mar 4, 2023 | Real Estate News, U.S. Housing Market

Source: The Motley Fool —  Residents in this state pay about three times the national median. The median U.S. homeowner pays 1.11% of their home’s value in property taxes each year. And based on 2021 home-price data, this translates to a median tax bill of...
More US Homebuyers Are Paying in Cash, Sweeping a Majority of Sales in Some Markets

More US Homebuyers Are Paying in Cash, Sweeping a Majority of Sales in Some Markets

by Third Party | Mar 4, 2023 | Industry Updates, Real Estate News

Source: Yahoo! Finance —  The share of all-cash deals rose to the highest since 2013 last year, while institutional investors, who usually account for many cash sales, retreated, according to data from real estate data analytics firm Attom. That suggests more...
London property forecast: capital predicted to be global ‘megacity’ with house prices 12 times incomes by 2037

London property forecast: capital predicted to be global ‘megacity’ with house prices 12 times incomes by 2037

by Third Party | Mar 4, 2023 | International Real Estate News, Real Estate News

Source: Evening Standard —  With house prices expected to reach 12 times annual salaries, the capital is set to become one of the least affordable cities in the world. London is set to become one of the least affordable cities in the world, along with Tokyo, Tel...
Boon for Buyers: The 10 U.S. Cities With the Biggest Increases in Homes for Sale

Boon for Buyers: The 10 U.S. Cities With the Biggest Increases in Homes for Sale

by Third Party | Mar 4, 2023 | Real Estate News, U.S. Housing Market

Source: Realtor.com —  Where are all the homes, anyway? Ever since the COVID-19 pandemic ignited a nationwide housing boom, wannabe buyers have been plagued by bone-dry home inventory levels in many markets—causing them to either wait on the sidelines for more...
JLL CEO Urges Patience for ‘Relatively Short’ Real Estate Industry Downturn

JLL CEO Urges Patience for ‘Relatively Short’ Real Estate Industry Downturn

by Third Party | Mar 3, 2023 | Real Estate News, U.S. Housing Market

Source: CoStar —  JLL, the world’s second-largest real estate brokerage by revenue, reported declines in leasing and capital markets in its latest earnings report as the industry prepares for what executives hope will be a rebound in deal activity later...
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