Wyoming Gov. Mark Gordon has signed a bill into law that provides a 25% property tax exemption on the first $1 million of a single-family home’s fair market value. Wyoming News reports the legislation, Senate File 69, takes effect immediately and does not have a...
Richmond American Homes of Maryland Inc. announced the grand opening of Arden at Bedford, an addition to its Bedford masterplan in Corona, California. Arden at Bedford offers single- and two-story homes that are available in three floor plans that span 3- to...
The real estate investment trust BXP (NYSE: BXP) has entered into a joint venture with CrossHarbor Capital and Albanese Organization to develop 290 Coles Street, a full-block, 1.75-acre site in Jersey City, New Jersey, that will be developed into a 670-unit...
Real estate investors purchased 47,004 homes in the fourth quarter, according to new data from Redfin (NASDAQ: RDFN). This was a 3.9% year-over-year drop – the biggest decline in a year – and marked the lowest level for that time of year since 2016. Real estate...
Today’s guest column is by Emily Hamilton, a senior research fellow at the Mercatus Center at George Mason University. This article is adapted and edited from testimony delivered this week before the Subcommittee on Housing and Insurance of the US House...
A new data analysis of 2024 home selling by Zillow (NASDAQ: Z, ZG) found that properties listed in the last two weeks of May sold for 1.6% more, a $5,600 boost on a typical home. Zillow attributed this bump to the traditional peak in search activity ahead of Memorial...