Source: Chicago Sun Times — Chicago property taxes will rise by $42.7 million — half of what an automatic escalator allowed — thanks to a $127.9 million budget shortfall for 2023 that’s the lowest in recent memory, Mayor Lori Lightfoot said Wednesday. By...
Source: Market Watch — A new property tax relief law went into effect this week in Maine, which could be a boon for seniors in the nation’s oldest state that also has the fourth-highest homeownership rate. Under the “Property Tax Stabilization Program,”...
Source: Real Trends — Last week, former rivals Opendoor and Zillow announced a partnership to provide Opendoor’s instant cash offers to Zillow’s audience. Why it matters: This is a big move for both companies. It reaffirms the continued relevancy of iBuying,...
Source: Quicken Loans — You want your real estate agent representing your best interests, fighting to get the lowest sales price if you are buying a home or the highest if you are selling one. But what if you’re selling your home and your real estate agent is...
Source: Newsweek — Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals....
Source: Fortune— High housing prices have been seen as a key inflationary driver over the past few months, and the direction that market takes now could be yet another indicator of where the economy is heading. The U.S. housing market is in a clear cooling-off...
