Current News & Events
Boston City Council Votes to Raise Residential Property Taxes by 13%
Councilor Ed Flynn, a critic of Mayor Michelle Wu, argued the city needs to crack down on its spending. Continue Reading Boston City Council Votes to Raise Residential Property Taxes by 13%
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
A Phil Hall Op-Ed: Remember GSE Reform?
In 2008, then-Treasury Secretary Hank Paulson called conservatorship a “timeout” for the GSEs. Continue Reading A Phil Hall Op-Ed: Remember GSE Reform?
Disney Lists ‘Haunted Mansion’ on Zillow
And the Zillow “Zestimate” for the property: “Your soul(s).” Continue Reading Disney Lists ‘Haunted Mansion’ on Zillow
Ohio Homeownership Rate Drops to Record Low
Roughly 209,600 homes were sold in Ohio last year, the lowest total since 2015 Continue Reading Ohio Homeownership Rate Drops to Record Low
The Best and Least Educated Cities Are…
Michigan’s Ann Arbor has the highest share of bachelor’s degree holders aged 25 and older, 57.2%. Continue Reading The Best and Least Educated Cities Are…
Black Knight Sells Optimal Blue for $700 Million
In May 2022, Black Knight announced it was being acquired by Intercontinental Exchange Inc. for $13.1 billion. Continue Reading Black Knight Sells Optimal Blue for $700 Million
Federal Government Has a Vast Surplus of Empty Offices in Washington
The GAO noted the federal government “owns over 500 million square feet of office space that costs billions annually.” Continue Reading Federal Government Has a Vast Surplus of Empty Offices in Washington
Rick Beckwitt to Retire From Leadership Role at Lennar
Beckwitt’s retirement will be effective Sept. 1. Continue Reading Rick Beckwitt to Retire From Leadership Role at Lennar
Howard Hughes Corp. Creates Holding Company
The Howard Hughes Holding Corp. will take over as the publicly traded entity on the New York Stock Exchange. Continue Reading Howard Hughes Corp. Creates Holding Company
FHLBank San Francisco Awards $2 Million for Arizona Affordable Senior Housing Projects
“Lack of affordable housing is one of the most intractable problems our country faces today,” said Teresa Bryce Bazemore, CEO and president of FHLBank San Francisco. Continue Reading FHLBank San Francisco Awards $2 Million for Arizona Affordable Senior Housing Projects
Hits and Misses for the Real Estate Week of July 10-14
NAR did not explain why it donated $125,000 to a candidate running for mayor of Missoula, Montana. Continue Reading Hits and Misses for the Real Estate Week of July 10-14
