The new owner of Michael Jordan’s former Chicago-area mansion is now renting the property for $230,000 per month. Realtor.com reports the property’s owner – John Cooper, a partner at the real estate company HAN Capital – initially planned to create a luxury timeshare...
Tennessee Gov. Bill Lee has signed a bill that will provide a 130% refund of property taxes to homeowners whose residences were either damaged or destroyed by Hurricane Helene. WSMV.com reports the legislation was unanimously passed by both the Tennessee House and...
A new data report from Redfin determined that housing supply in January was at its highest level since 2020, but demand for housing was at its lowest level since 2020. Pending home sales in January dropped to their lowest recorded level aside from the start of the...
Builders had mixed feelings about the multifamily housing sector during the fourth quarter of 2024, according to the newly released Multifamily Market Survey (MMS) published by the National Association of Home Builders (NAHB). The MMS produces two separate indices....
Mortgage rates continued to tumble in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.87% as of Feb. 13, down from last week when it averaged 6.89%. A year ago at this time, it averaged...
Nevada Gov. Joe Lombardo is seeking a resolution from the state legislature to encourage the release of federal land for housing development. In a letter to Senate Majority Leader Nicole Cannizzaro and Assembly Speaker Steve Yeager, both Democrats, the Republican...
