Current News & Events
NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied-à-Terre Tax
One- to three-family homes worth at least $5 million and co-ops and condominiums valued at $1 million or more are subject to the tax. Continue Reading NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied-à-Terre Tax
New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los Angeles
The first project will be the conversion of the former LA World Trade Center, which will be re-branded as “Sky Castle.” Continue Reading New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los Angeles
Florida Home Sales and Prices Down for July
The statewide median sales price for single-family existing homes in July was $410,000, down 1.7% compared to one year before. Continue Reading Florida Home Sales and Prices Down for July
Pennsylvania Housing Inventory Hits 3-Year High
The median home price rose 6.5% year-over-year to $320,000 in July. Continue Reading Pennsylvania Housing Inventory Hits 3-Year High
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.58% as of Aug. 21. Continue Reading Mortgage Rates Remain Flat
Ben Sizemore Named Chief Information Officer at Land Gorilla
Sizemore previously served as chief technology officer at Bayview Loans and Lakeview Loan Servicing. Continue Reading Ben Sizemore Named Chief Information Officer at Land Gorilla
Appeals Court Voids $524 Million Penalty in Trump Fraud Case
The president declared “total victory.” Continue Reading Appeals Court Voids $524 Million Penalty in Trump Fraud Case
How Sweet It Is! Jackie Gleason’s UFO-Inspired Home Listed for $5.5 Million
Completed in 1959 and nicknamed “The Mothership,” the 7,000-square-foot roundhouse design took five years to construct with a no-expense-spared budget. Continue Reading How Sweet It Is! Jackie Gleason’s UFO-Inspired Home Listed for $5.5 Million
Existing Home Sales Up 2%
The $422,400 median existing-home price for all housing types last month was up by 0.2% from the $421,400 price set one year ago, Continue Reading Existing Home Sales Up 2%
15% of Home Purchase Agreements Fell Through in July
San Antonio led the nation with 730 aborted home-purchase agreements in July, equal to 22.7% of homes that went under contract last month. Continue Reading 15% of Home Purchase Agreements Fell Through in July
Zombie Properties on the Rise
“Vacant and zombie homes can hurt the value of surrounding properties and start a negative spiral in a local housing market,” said Rob Barber, CEO of ATTOM. Continue Reading Zombie Properties on the Rise
Single-Family Built-for-Rent Construction Down in Q2
Approximately 12,000 SFBFRs were started, down from 25,000 starts in the second quarter of 2024. Continue Reading Single-Family Built-for-Rent Construction Down in Q2
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