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New York City Leads Nation in Property Taxes
The only major metro where property taxes are lower than $1,000 a year is Birmingham. Continue Reading New York City Leads Nation in Property Taxes
Housing Industry Coach Gibran Nicholas Declares Candidacy for Democratic Presidential Nomination
Nicholas said the nation is “going through sort of a mid-life crisis” three years ahead of its 250th anniversary. Continue Reading Housing Industry Coach Gibran Nicholas Declares Candidacy for Democratic Presidential Nomination
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Mortgage rates are at a 20-year high. Here’s what that means for monthly payments.
Source: ABCNews --- The spike in mortgage rates this week continues a monthslong trend that has dramatically escalated the cost of home loans - but the exact price hike may surprise some homebuyers. The 30-year fixed-rate mortgage leapt to 7.08% on Thursday, reaching...
The Hottest Housing Market In America
Source: 24/7 Wall St. --- There is a real concern that the extremely hot housing market has started to collapse, especially in markets where prices have surged at record paces. One of the threats is due to mortgage rates that have risen from 3% a year ago to 7%...
What the midterm elections mean for the housing market — and one ‘politically contentious’ issue that splits Democrats and Republicans
Source: Market Watch --- The midterm U.S. elections are coming. And elections have consequences for the housing market, according to a new report from investment bank Cowen. The report by Cowen’s Jaret Seiberg noted that the Nov. 8 elections will determine which party...
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