Featured Real Estate News
Florida Lawmaker Leads Petition Drive to Abolish Property Taxes
A Florida lawmaker is seeking to jump-start efforts to abolish property taxes through a citizens initiative campaign. WKMG Click Orlando reports Rep. Ryan Chamberlin (R-Belleview) announced his plan after his effort to end property taxes failed in the recently...
Florida Lawmaker Leads Petition Drive to Abolish Property Taxes
“I will help lead an effort to pass a citizen constitutional amendment that bans ad valorem taxes on real estate levied by any level of government,” said Rep. Ryan Chamberlin. Continue Reading Florida Lawmaker Leads Petition Drive to Abolish Property Taxes
Mortgage Credit Availability Improved in February
Access to mortgage credit increased in February, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI rose by 1.1% to 107.1 in February. A decline in the MCAI indicates that lending standards are...
Existing Home Sales Up by 1.7% in February
Existing home sales increased by 1.7% month-over-month in February, to a seasonally adjusted annual rate of 4.09 million, according to data from the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.4%. Month-over-month sales...
Toll Brothers Opens New Luxury Community in Pennsylvania
The luxury homebuilder Toll Brothers Inc. (NYSE:TOL) announced the grand opening of Linden Ridge, a boutique community of 26 single-family homes in Collegeville, Pennsylvania. Linden Ridge offers two-story home designs ranging from approximately 2,776 to over 3,700...
News & Current Events
PennyMac Debuts Non-QM Product Suite
The new products are designed to “help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.” Continue Reading PennyMac Debuts Non-QM Product Suite
Tennesee Realtor Indicted on Child Exploitation and Unlawful Photography Charges
Justin Holder has been the subject of a probe conducted by the Tennessee Bureau of Investigation since last May. Continue Reading Tennesee Realtor Indicted on Child Exploitation and Unlawful Photography Charges
Magistrate Blocks Funding Plan for New Cleveland Browns Stadium
A temporary restraining order has been in place against this funding plan since December. Continue Reading Magistrate Blocks Funding Plan for New Cleveland Browns Stadium
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Builder Confidence Inches Up Slightly, But Pessimism Remains
The latest HMI survey also found 40% of builders were cutting prices in December. Continue Reading Builder Confidence Inches Up Slightly, But Pessimism Remains
Canadian Home Sales and Prices Down During November
There were 173,000 properties listed for sale across all Canadian MLS Systems at the end of November, up 8.5% from one year earlier. Continue Reading Canadian Home Sales and Prices Down During November
Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
The multifamily developer Thompson Thrift announced that it will develop Wrenly, a 214-unit community in the Atlanta suburb of Newnan, Georgia. Continue Reading Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
The company said the property has been well-maintained by the previous ownership, and there are no significant deferred maintenance needs. Continue Reading Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
A Phil Hall Op-Ed: It Can’t Happen Here, Can It?
Houses of worship are very special pieces of real estate, and violence against these buildings and the people within them has become too commonplace. Continue Reading A Phil Hall Op-Ed: It Can’t Happen Here, Can It?
Canadian Housing Starts Up 9.4%
Montreal posted a 24% year-over-year increase in actual housing starts this month driven by higher multi-unit and single-detached starts. Continue Reading Canadian Housing Starts Up 9.4%
HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
The CHA’s audit will cover the period of Sept. 1, 2022, to Aug. 31, 2025. Continue Reading HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
National Trust for Historic Preservation Sues to Stop Work on White House Ballroom
The Trump administration did not immediately comment on the lawsuit. Continue Reading National Trust for Historic Preservation Sues to Stop Work on White House Ballroom
Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
Prior to her role at Hudson Companies, Kackmann was vice president of affordable and workforce housing at The Albanese Organization. Continue Reading Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio