The DC City Council voted 11-2 to move forward with the construction of a new stadium on the site of the long-defunct RFK Stadium, which will become the future home of the Washington Commanders. The 11-2 vote followed months of controversies on public funding of the...
Kansas has become the latest state to consider the elimination of property taxes. KSNT.com reports Rep. Blake Carpenter has put forth a proposal for a constitutional amendment that would eliminate property taxes, along with vehicle taxes and the state income tax....
President Trump and Gov. Gavin Newsom engaged in a hostile social media exchange over the rebuilding of Los Angeles County’s fire-ravaged housing market, with the president complaining about the state’s recovery plans and the governor’s office accusing Trump of...
The global real estate investment company Kennedy Wilson (NYSE: KW) announced it is acquiring the Apartment Living Platform of the luxury home builder Toll Brothers Inc. (NYSE: TOL) for $347 million. According to the companies, Kennedy Wilson will acquire Toll...
The Federal Reserve enacted its first rate cut since December with a quarter-percentage point lowering the target range for the federal funds rate to 4% to 4.25%. The vote by the central bank’s Federal Open Market Committee was nearly unanimous. The only dissent was...
A new forecast published by the California Association of Realtors (CAR) is predicting existing single-family home sales across the state will reach a total of 274,400 unites, a 2% increase from this year’s projected sales of 269,000. The projected 2025 sales figure...