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Grassroots Movement Seeks to Abolish Ohio’s Property Taxes

Grassroots Movement Seeks to Abolish Ohio’s Property Taxes

by Phil Hall | May 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A grassroots initiative by Ohio homeowners is working to add a constitutional amendment to the November ballot that would abolish property taxes. News 5 Cleveland reports the Citizens for Property Tax Reform movement was formed by voters who were unhappy with what...
Mortgage Application Activity and Delinquencies Are Rising

Mortgage Application Activity and Delinquencies Are Rising

by Phil Hall | May 14, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An increasing number of people are taking out mortgages while a rising level of homeowners aren’t paying their mortgages. The Market Composite Index, the Mortgage Bankers Association’s (MBA) measure of mortgage loan application volume, increased 1.1% on a seasonally...
Modular Housing Provider Boxabl Expands Into Colorado

Modular Housing Provider Boxabl Expands Into Colorado

by Phil Hall | May 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Las Vegas-headquartered modular housing manufacturer Boxabl has expanded into Colorado with the planned delivery of 12 of its Casita units to the new Westgate Development community in Pueblo. Spearheaded by Down by the Bay LLC, the Westgate Development is a...
Indiana Home Sales Up 12%

Indiana Home Sales Up 12%

by Phil Hall | May 13, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in Indiana during April were up by 12% from March 6,924 and were a mere 12 closings below the level set one year ago, according to new data from the Indiana Association of Realtors (IAR), while new pending sales (7,937) finished 5% ahead of last year’s...
The Cheapest Metro Area for Buying a Home Is…

The Cheapest Metro Area for Buying a Home Is…

by Phil Hall | May 13, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Rust Belt and the South dominate the list of the 10 least expensive metros for buying a home, according to a new data report from Redfin (NASDAQ: RDFN). In a survey of the nation’s 91 most populous metro areas during March, Detroit topped the list with the lowest...
Is Renting Less or More Expensive? It Depends Which Data Report You Cite

Is Renting Less or More Expensive? It Depends Which Data Report You Cite

by Phil Hall | May 12, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A pair of newly published data reports offer strikingly different views of the rental housing market, with one report stating rents are going down and the other claiming rents have become more expensive. Redfin (NASDAQ: RDFN) reported the median asking rent of April...
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