The real estate data provider ATTOM has introduced ResiScore, an AI-powered neighborhood intelligence tool designed to rank residential areas based on projected housing market performance. ResiScore assigns each residential census tract a 1 to 100 percentile ranking...
Existing home sales during May increased by 3.2% month-over-month and year-over-year, according to data from the National Association of Realtors (NAR). Month-over-month sales increased in the Northeast, Midwest and South, and were unchanged in the West....
Mortgage credit availability increased slightly in May according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) inched up by a scant 0.1% to 108.0 in May; the index was benchmarked to 100 in March...
The Baltimore City Council has voted to advance a property tax relief measure that critics claim will raise taxes for some homeowners. WBFF reports the measure reduces the property tax rate by 1 cent for every $100 of assessed property value. Thus, the plan would...
Homeowners tapped equity during the first three months of the year at the highest first-quarter levels since 2021, according to data from Intercontinental Exchange, Inc. (NYSE: ICE). The increase was primarily attributed to second-lien lending (54% of equity...
A grassroots Ohio initiative to eliminate property taxes acknowledged it lacked the necessary signatures for a proposed constitutional amendment on the November ballot. 10tv.com reports the Committee to Abolish Ohio’s Property Taxes, known as AxOhioTax, needed...
Inflation Just Put Mortgage Rates Back in the Crosshairs
