Another strategy for lowering Ohio’s property taxes has been brought forth with a new bill that would give counties the ability to lower property taxes if the amount collected is more than needed. WCMH reports House Bill 309, introduced by David Thomas (R-Jefferson),...
The private equity real estate firm Henderson Park, working in partnership with the real estate developer and investor Lowe, has commenced work on the office-to-residential conversion of 1250 Maryland Avenue SW in Washington, DC. Currently known as Portals I, the...
The real estate investment company Kennedy Wilson (NYSE: KW) has partnered with Kenedix, Inc. and Hulic Co. Ltd. on the $173 million acquisition of The Danforth, a 265-unit multifamily community in Seattle. The 16-story Danforth was constructed in 2018 at the...
The latest Special Housing Risk Report from ATTOM has determined California and New Jersey had high concentrations of counties considered most at-risk during the first quarter. The report identified risk by affordability, proportion of seriously underwater mortgages,...
Mortgage rates showed the barest of a downward movement in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.84% as of June 12, down slightly from last week when it averaged 6.85%. A year ago...
Just over 28% of homes are now selling above the asking price, according to a data report from Redfin (NASDAQ: RDFN). This is down from 32% one year earlier and the lowest level for this time of year since 2020 when the pandemic paralyzed the housing market. The share...
