A new effort is underway to bring a mansion tax to Connecticut. CT Mirror reported State Sen. Martin M. Looney, a Democrat representing New Haven, is planning to put forth a mansion tax proposal when the state legislature reconvenes in January 2025. Looney, who is...
Mortgage application activity concluded last month in decline, according to the Mortgage Bankers Association (MBA) data for the week ending June 28. The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 2.6% on a seasonally...
The Richmond Flying Squirrels, the Double-A Eastern League affiliate of the San Francisco Giants, has selected Rhode Island-based Gilbane Building Co. and Massachusetts-based Prestige Construction Group to construct a new stadium in Richmond, Virginia. According to...
Detroit has elbowed out Atlanta to become the most overpriced U.S. housing market, according to new the new Top 100 U.S. Housing Markets report from Florida Atlantic University and Florida International University. According to data covering May housing trends, homes...
The commercial mortgage-backed securities (CMBS) delinquency rate returned above the 5% mark in June, according to new data from Trepp LLC. The delinquency rate increased 38 basis points to 5.35% last month, which marked the fourth upswing in the CMBS delinquency rate...
High-profile real estate investor Grant Cardone has listed a residential luxury property in Golden Beach, Florida, on the Propy blockchain-based real estate platform with an asking price of $42 million – and buyers will be able to use Bitcoin for their purchase. The...
Hits and Misses for the Real Estate Week of Aug. 3-7
