The Honolulu City Council is weighing several proposals that could decrease property taxes for seniors, landlords, and homeowners who live on their property. Hawaii Public Radio reports the council’s Budget Committee has advanced two of the measures – one that would...
The 30-year fixed-rate mortgage averaged 6.74% as of July 24, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down slightly from last week when it averaged 6.75%. A year ago at this time, it averaged 6.78%. The 15-year...
Sales of new single-family houses in were at a seasonally adjusted annual rate of 627,000 during June, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. The sales activity is a mild 0.6% rise above the May...
The typical seller made a 50% profit selling single-family homes and condos during the second quarter of the year, according to new data from ATTOM. The second quarter figure marked a slight increase from the 48.9% national median profit margin posted in the first...
Chicago Mayor Brandon Johnson is downplaying comments made by his chief financial officer (CFO) that the city could raise property taxes to fill its $1 billion budget deficit. WLS.com reports CFO Jill Jaworski told a Bloomberg that a property tax increase was a...
Florida recorded 23,827 closed sales of existing single-family homes in June, up 2.8% year-over-year – the first gain in that metric since January – while existing condo-townhouse sales totaled 7,809, down 6.4% over June 2024, according to data from Florida Realtors....
