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Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year

Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year

by Phil Hall | Jul 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kentucky Gov. Andy Beshear announced the state’s property tax rate has been lowered for the fifth consecutive year. The real state real property tax rate has been reduced from 10.9 cents to 10.6 cents per $100 assessed value. In a statement, Beshear said, “Right now,...
New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales

New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales

by Phil Hall | Jul 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rep. Marjorie Taylor Greene (R-GA) has introduced the No Tax on Home Sales Act, which is designed to eliminate the federal capital gains tax on the sale of primary residences. Greene noted the IRS allows an exclusion of up to $250,000 ($500,000 for joint filers) in...
HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals

HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals

by Phil Hall | Jul 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Department of Housing and Urban Development (HUD), in partnership with the Office of Management and Budget, announced the Biden-era Property Appraisal and Valuation Equity (PAVE) task force that was created to eliminate bias in home appraisals. In a statement...
Del Webb Breaks Ground on 55+ Community in Austin Suburb

Del Webb Breaks Ground on 55+ Community in Austin Suburb

by Phil Hall | Jul 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Del Webb, a PulteGroup Inc. (NYSE: PHM) brand, has broken ground on a new 55+ community in the Austin suburb of Bastrop, Texas. Del Webb Lost Pines will be located within The Colony, a master-planned community. The first phase of construction will...
Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades

Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades

by Phil Hall | Jul 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The board of commissioners of Georgia’s Fulton County is proposing a 12.5% hike in property taxes to cover the costs of funding the county jail. Atlanta First News reports the proposal involved an increase in the millage rate by one point to 9.87 mills, which would be...
Tech Trends: In Pursuit of User-Friendly Solutions

Tech Trends: In Pursuit of User-Friendly Solutions

by Phil Hall | Jul 10, 2025 | International Real Estate News, News/Current Events, Real Estate Agent Tools, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

This week’s edition of Tech Trends offers four new solutions designed to make life easier for home sellers, property managers, and real estate investors. A New Way to Sell Canadian Homes. Hyyve, a new platform for Canadian home sellers, has launched in Toronto....
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