The mayor of Connecticut’s capital city is offering to sell city-owned land to affordable housing developers for $1.00. Fox61.com reports Hartford Mayor Arunan Arulampalam says the city has teamed with the state government on a new $4 million fund to help builders who...
A total of 35,651 residential properties had foreclosure filings during November, according to data from ATTOM. This level of activity is down by 3% from October but is also up by 21% from November 2024. Nationwide, one in every 3,992 housing units had a foreclosure...
South Dakota is the latest state to tackle the question of rising property taxes, with a new conflict arising between its governor and legislators on how to achieve that goal. Property tax payments across the state increased by nearly 40% during the past four years....
The typical mortgage holder pays roughly $1,300 in principal and interest per month, according to a new data report from Realtor.com. However, to purchase a typical home in today’s market, these homeowners would need to make a monthly payment of nearly $2,236,...
Mortgage credit availability was on the rise during November, according to the Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). The MCAI rose by 0.7% to 107.5 in November; the index was benchmarked to 100 in March 2012. The...
The growing national movement for property tax reforms is spreading to North Carolina, where a new state legislative committee has been formed to formulate strategies to alleviate the burden on homeowners. Carolina Journal reports North Carolina House Speaker Destin...