The thinking is that homeowners who’re locked into their current low mortgage rate are incentivized to stay where they are. Indeed, some are currently enjoying ultra-low rates of less than 3%, so to move now would mean a big bump in their monthly outgoings.
Redfin said this “lock-in effect” may lead to a decline in home listings in the coming months.
The team put forth a construction timeline for a $2.3 billion ballpark development that would open in time for the 2029 baseball season. Continue Reading County Officials Balk at Tampa Bay Rays’ Demand for June 1 Deadline to Approve Stadium Plan
The tax cited by Mamdani was not “secured,” as he claimed, but was only proposed by New York Gov. Kathy Hochul. Continue Reading Ken Griffin Pushes Back on Mamdani Targeting Him for a ‘Tax the Rich’ Scheme
The Committee to Abolish Property Tax in Ohio needs to secure more than 413,000 signatures from at least half of Ohio’s 88 counties by July 1. Continue Reading Initiative to Create Ballot Measure on Eliminating Ohio Property Taxes is Falling Short of Goals
POP.STORE for Real Estate gives every agent a social-adjacent Smart Listing site. Continue Reading POP.STORE Unveils Agentic AI Concierge for Real Estate Agents
Pricing starts in the high $300,000s. Continue Reading Lennar Debuts New Central Oregon Community
26 Metropolitan Statistical Areas (MSAs), or 27%, recorded higher foreclosure sales rates than one year ago. Continue Reading Foreclosure Auction Volume at 6-Year High
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