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....
New York State’s housing inventory reached 30,254 units in June, a 3.9% rise from the 29,110 homes that were available one year earlier. According to the New York State Association of Realtors, this marked the fourth consecutive month of inventory growth and the most...
The blockchain company ByteFederal has unveiled a pilot program in Florida that will enable the use of Bitcoin for property purchases, with settlements delivered in US dollars to sellers. Bitcoin Magazine reports the service is aimed at new construction properties and...
Existing home sales during June were down 2.7% from the previous month to a seasonally adjusted annual rate of 3.93 million, according to data from the National Association of Realtors (NAR). There was no change in sales on a year-over-year basis. On regional...
Mortgage application activity inched up for the week ending July 18, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.8% on a seasonally adjusted basis from...
