Current News & Events
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
The property tax savings are complemented by the State of Wisconsin’s sales tax exemption on the construction of qualified data centers. Continue Reading Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper
The stadium will be powered entirely on solar and wind energy. Continue Reading Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper
Homebuying Frenzy Continues Despite Obstacles
Source: Banker & Tradesman --- Wits’ End would make an appropriate name for a new subdivision in today’s wild housing market. While there’s not yet such a place on the map, many would-be buyers are quickly running out of patience. Their frustration is not...
See what real estate is for sale in the cheapest and most expensive housing markets in America
Source: Fortune --- To say that the U.S. housing market has been red hot over the past two years is an understatement. And this year, housing prices are expected to stay high. The median home value is expected to jump from $355,000 to $384,000 in 2021, according to...
Housing Market: Rising mortgage rates won’t lower home prices, as housing crisis looms
Source: Finger Lakes 1 --- Higher mortgage rates and a red hot housing market have brought challenges to residents in parts of the United States, but have done little to cool the market. For the first time since 2011 mortgage rates in the U.S. hit 5%. According to...
Real Estate Matters: Tenant forced to move after new property owner raises rent
Source: Herald Tribune --- Q: I was renting a townhome when my landlord sold the property. I was paying $1,200 per month as a single parent with one kid. The new owner told me that the Realtor said he could charge me more money for rent. So, he raised the rent on me...
Housing Market Update: Demand Slips, Pushing More Sellers to Drop Asking Prices
Source: Redfin --- Early-stage homebuying demand continues to falter this spring as new listings fell 7% from a year earlier, the average 30-year fixed mortgage rate shot up to 5% and the median asking price climbed to $397,747, sending the typical homebuyer’s monthly...
Why Investor Interest in Senior Housing Is Soaring
Source: Multi-Housing News --- Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals....
Commercial Real Estate Prices Still Have Room to Run, According to First American Potential Capitalization Rate Model
Source: Finance Yahoo --- SANTA ANA, Calif., April 14, 2022--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), the premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of...
What would it take to crash the housing market?
Source: Housing Wire --- Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. Can this last? No, it can’t. In time, markets always find balance and balance is a good thing. But, that doesn’t mean...
The Pros and Cons of Waiting Out the Hot Housing Market
Source: Finance! Yahoo --- The pandemic put only a temporary damper on the housing market, as the market rebounded robustly, hotter than ever, particularly in 2021. As we’ve rolled into 2022, the market is starting to simmer down just a little but not much. The median...
Will the middle class survive a nationwide housing shortage?
Source: USA Today --- In this current mad dash to find housing, the first 48 hours are proving to be crucial to either make or break a deal, especially for prospective middle-class homebuyers. Just ask Jonathan Sigrist and Krystal Dickison of Charlotte,...
Recent Posts
Former Arizona Shopping Center Site to Become Affordable Housing Complex- Turnbridge Equities Begins Leasing at New Raleigh-Area BTR Community
- Illinois Home Sales Up in June While Chicago Home Sales Decline
- Mortgage Rates Rise for Third Straight Week
- Harvard Forecast Points to Slowing in Remodeling Market
