The growing movement for property tax relief has taken root in Maine, with a new bill before the state legislature that would eliminate property taxes for homeowners aged 65 and older. Newsweek reports the new bill, LD 1541, would apply to seniors who have lived in...
Contrary to popular imagination, not every millionaire owns a mansion. Indeed, new research published by RentCafe based on IPUMS data has determined that an increasing number of millionaires prefer rental housing. Between 2019 and 2023, the number of renters and...
Mortgage applications activity was down for the third straight week, according to data from the from the Mortgage Bankers Association (MBA) covering the week ending May 30; the data included an adjustment for the Memorial Day holiday. The Market Composite Index, the...
Richmond American Homes of Florida LP, a subsidiary of MDC Holdings Inc., has purchased and closed on 151 future homesites in Jacksonville, Florida, that will become the location of its new Laurelton master-planned community. Laurelton will feature single- and...
The chief economist with the National Association of Realtors (NAR) has defined today’s housing market as a challenging environment burdened by circumstances beyond its control. Speaking at NAR’s 2025 Realtors Legislative Meetings in Washington, DC, Lawrence Yun...
Utah’s largest mansion is going up for auction later this week. Mansion Global reports the 154-acre ranch in Hyram, Utah, features a five-level, 40,000-square-foot residence with 10 bedrooms and 18 full and partial bathrooms. The residence also includes a dining room...
