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...
There has never been a moment in real estate where technology and human judgment collided with this much consequence. Artificial intelligence is no longer a novelty in our industry; it has become a mirror, reflecting the difference between people who truly understand...
Greystar has begun pre-leasing at The Parson, a high-rise apartment community in Denver’s Golden Triangle neighborhood. The Parson will offer 309 luxury residences and include a mix of 21 studios, 161 one-bedrooms, 95 two-bedrooms, 9 three-bedrooms, and 23...
The average buyer’s agent commission during the third quarter was 2.42%, up from 2.36% one year earlier, while commissions were virtually flat compared to the previous quarter. According to a new data report from Redfin, commissions are at roughly the same level they...
New York Gov. Kathy Hochul has signed a bill into law that allows localities to provide seniors with up to a 65% property tax exemption. Legislation S5175A/A3698A replaces the previous 50% maximum percentage of exemption local governments have been able to offer...
