The Texas legislature passed two bills this weekend that are designed to provide property tax relief to state residents. There is no state property tax in Texas, but there are several property tax exemptions for qualifying owners. According to combined media reports,...
US mortgage holders carried a record $17.6 trillion in home equity at the end of the first quarter, according to a data report from ICE Mortgage Technology. Of that amount, $11.5 trillion was considered “tappable” (available for borrowing while maintaining at least a...
A total of $698 billion worth of US homes are listed for sale as of April, according to new data from Redfin (NASDAQ: RDFN). This marks a 20.3% increase from one year ago and the highest dollar amount recorded since Redfin began tracking this data in 2012. This new...
Nearly half (49%) of newly built apartments completed in the fourth quarter of 2024 were rented within three months, up slightly from 47% the previous quarter. According to a new data report from Redfin (NASDAQ: RDFN), this marked the fifth consecutive quarter that...
A new bill has been introduced in the Ohio legislature that would enact a 50% reduction in the property tax of any homeowner age 65 or older, regardless of income. Vindy.com reports the bill authored by State Sen. Al Cutrona (R-Canfield) would come in addition to the...
Roughly 1.4 million residential properties, or about 1.3% of all US homes, were vacant in the second quarter, according to new data from ATTOM. This marks the 13th consecutive quarter that the vacancy rate has hovered around 1.3%. ATTOM’s analysis found 222,358...
