Current News & Events
Connecticut GOP Leaders Propose Historic Expansion of Property Tax Credits
Gov. Ned Lamont has yet to comment on the GOP proposal. Continue Reading Connecticut GOP Leaders Propose Historic Expansion of Property Tax Credits
Report: 15% of Home Purchase Agreements Canceled in September
San Francisco, New York’s Nassau County (Long Island) and San Jose had the lowest shares of contract cancellations in September, under 7% each. Continue Reading Report: 15% of Home Purchase Agreements Canceled in September
Prices For Consumer Goods Are Rising Quickest in America’s Top Migration Destinations
Source: Redfin News--- The most popular U.S. migration destinations tend to have high rates of inflation. Atlanta, the 10th most popular migration destination in the fourth quarter, saw prices of goods and services increase by 8.9% year over year during the same...
Homebuyers are so desperate that many would pay up to $100,000 over budget for their dream home
Source: Fortune --- The housing market is so tight right now that one out of four prospective homebuyers is willing to go as much as $100,000 over budget if it means living in their dream home. That’s according to a new study released this month from the...
Pending Home Sales in U.S. Slide 3.8 Percent in December
Source: The World Property Journal--- According to the National Association of Realtors, pending home sales fell in December 2021, denoting two straight months of declines. All four major U.S. regions posted both month-over-month and year-over-year drops in contract...
‘It’s anguish, it’s pain, it’s agony’ – here’s what it’s like to shop for a home in today’s tight housing market
Source: CNBC --- The nation’s housing market has never been this tight, which is frustrating enough for house hunters, but now they have another problem. Mortgage rates, which have hovered around record lows since the start of the Covid pandemic, are now rising. It’s...
The Hottest Real Estate Markets in 2022
Source: Islander Media Group, Inc. --- In 2022, housing markets across the U.S. are still experiencing the unprecedented demand that arose during the early stages of the pandemic nearly two years ago. According to the National Association of Realtors, home values...
Property News: Three Estate-Sized Parcels Arrive In Southern California’s Hottest Markets
Source: Forbes --- As home buyers continue to show an appetite for new construction in markets all across California, large plots of land capable of developing luxury estates in cities like Los Angeles, Santa Barbara and La Jolla have perhaps never been more valuable....
If you bought a house in one of these Utah cities, you might have paid too much
Source: KSL.com --- SALT LAKE CITY — If you bought a home in Ogden, Provo or Salt Lake City in the last month, there's a good chance you overpaid. That's according to researchers from Florida Atlantic University, who compiled open-source data from Zillow and other...
How the commercial real estate sector is building a greener future
Source: GreenBiz --- As the business world wakes up to the need to urgently cut carbon emissions across commercial real estate, we’re increasingly seeing these changing attitudes reflected in the financial value of the buildings around us. In recent years, real estate...
Henrico expected to approve historic, first-ever real estate tax credit
Source: WRIC ABC 8News --- HENRICO COUNTY, Va. (WRIC) — Henrico County has introduced an ordinance to offer a first-ever real estate tax credit to property owners. The Henrico County Board of Supervisors met Tuesday to discuss a proposal that would give property...
New home sales rebound, but builders are still wary
Source: Housing Wire --- Today the Census Bureau‘s new home sales report came in as a beat of estimates at 811,000. The headline beat surprised many people, but the report’s internals show negative revisions for the previous months. The bearish take on housing for the...
