The Kansas City-based private investment firm Platform Ventures is rolling out a multifamily development unit focused on ground-up apartment development and construction. In a statement, the company said it was pursuing this strategy because it “believes multifamily...
Progressive Insurance has debuted “Open the House,” a multi-year program designed to address the challenges faced by prospective homebuyers. The new program will focus on economic empowerment and will provides tools, information, and resources to help prospective...
One of New York City’s oldest surviving homes will soon be opened for the first time to the public as a new museum. The Art Newspaper reports Brooklyn’s Hendrick I. Lott House was built as a farmhouse in 1720 by Johannes Lott. The property was incorporated into a...
The Texas legislature passed two bills this weekend that are designed to provide property tax relief to state residents. There is no state property tax in Texas, but there are several property tax exemptions for qualifying owners. According to combined media reports,...
US mortgage holders carried a record $17.6 trillion in home equity at the end of the first quarter, according to a data report from ICE Mortgage Technology. Of that amount, $11.5 trillion was considered “tappable” (available for borrowing while maintaining at least a...
A total of $698 billion worth of US homes are listed for sale as of April, according to new data from Redfin (NASDAQ: RDFN). This marks a 20.3% increase from one year ago and the highest dollar amount recorded since Redfin began tracking this data in 2012. This new...
Hits and Misses for the Real Estate Week of April 27-May 1
