The Ohio House of Representatives voted to override three property tax reform vetoes enacted by Gov. Mike DeWine. The House returned from recess to vote 61-28 in a special session today. The Republican governor used a line-item veto to reject the measures in the...
Two new data reports are offering a rocky view of today’s home selling market. Zillow (NASDAQ: Z, ZG) reports 1.36 million homes were for sale in June, the most since November 2019, with 28 of the nation’s largest metros being defined as either balanced or in buyers’...
A spike in foreclosure filings, Ohio’s dueling property tax relief efforts, and a congressman facing eviction. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 14-18. Miss: A Big Uh-Oh. A total of 187,659 residential...
The latest housing data from RE/MAX (NYSE: RMAX) determined home sales during June were up across the 50 metro areas surveyed by the company. This marked the fifth consecutive month of increased sales. Last month’s sales activity was 1.3% higher compared to May and...
Closed sales across Texas during the second quarter totaled 95,364, a year-over-year uptick of 1.4%. According to data from Texas Realtors, closed sales were up in 16 of the state’s metro areas and down in 10. Statewide, active listings increased 27.8% from the same...
Six Democratic senators have introduced legislation designed to address the potential for systemic bias in the home appraisal process. The Appraisal Modernization Act would require the Federal Housing Finance Agency to publish an online database of property-level...
