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California Home Sales at 3-Year High
November also saw the statewide median home price drop by 3.9% from $886,960 in October to $852,680 in November. Continue Reading California Home Sales at 3-Year High
California Home Sales at 3-Year High
November also saw the statewide median home price drop by 3.9% from $886,960 in October to $852,680 in November. Continue Reading California Home Sales at 3-Year High
80% of Montana Homeowners Received a Property Tax Cut This Year
New data from the Montana Department of Revenue has determined 80% of the state’s residential property owners received a property tax cut this year while 10% saw their property taxes remain flat year-over-year. According to NBC Montana, recipients saw a property tax...
Report: ‘Hidden Costs’ of Homeownership Nearly $16,000 Per Year
Homeowners have more than mortgage payments eating away at their budgets, as a new data report from Zillow and Thumbtack determined the so-called “hidden costs of homeownership” now add up to $15,979 per year nationwide – a sum that is outpacing incomes. In addition...
LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
The Los Angeles City Council voted 12-1 on a resolution calling for the rejection of a proposed gondola project that would connect Dodger Stadium to the Union Station railroad hub. The Associated Press reports the aerial tramway would cover about one mile and cost...
NEWS & CURRENT EVENTS
New White Paper Considers the Role of AI Tools in Luxury Real Estate Sales
Case studies on how early adopters are already using AI are included. Continue Reading New White Paper Considers the Role of AI Tools in Luxury Real Estate Sales
New Wave of Online Fraudsters Target Abu Dhabi Real Estate Market
THE UAE capital is witnessing a resurgence in fraudulent advertisements on social media promising properties being offered at discounted prices. Continue Reading New Wave of Online Fraudsters Target Abu Dhabi Real Estate Market
Luxury Home Sales Up 5% in September
The only two metros where prices dropped were Tampa, Florida (-3.3% to $1.45 million) and Oakland, California (-2.2% to $2.9 million). Continue Reading Luxury Home Sales Up 5% in September
Illinois Home Sales Up 4.6% Year-Over-Year
The monthly median price of $301,000 in September was 3.8% higher than $290,000 from one year before. Continue Reading Illinois Home Sales Up 4.6% Year-Over-Year
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More Homes Were Equity Rich During Q2
ATTOM also noted that 2.7% of mortgaged residences were seriously underwater in the second quarter. Continue Reading More Homes Were Equity Rich During Q2
California Woman Pleads Guilty to Rental Housing Fraud
Jenifer Singh was arrested last December at the Newark Airport while attempting to board a flight to Paris. Continue Reading California Woman Pleads Guilty to Rental Housing Fraud
Delaware Lawmakers to Hold Special Session to Mitigate Property Tax Hikes
“I’m getting a ton of phone calls, a ton of emails, messages, text messages, every single day,” Rep. Michael Smith said. Continue Reading Delaware Lawmakers to Hold Special Session to Mitigate Property Tax Hikes
NJ Town Drops Eminent Domain Seizure Threat Against Historic Church Property
“I think it’s a good idea – it’s a good purchase,” said Mayor Daniel Rodrick. “I thought they would be willing sellers.” Continue Reading NJ Town Drops Eminent Domain Seizure Threat Against Historic Church Property
Flyhomes Raises $15 Million in Series D Funding
According to the company, the newly raised capital will be used to expand Flyhomes’ Buy Before You Sell program nationwide. Continue Reading Flyhomes Raises $15 Million in Series D Funding
Federal Reserve Holds Rates in Place
Fed governors Michelle W. Bowman and Christopher J. Waller argued to lower the rate by one-quarter percentage point. Continue Reading Federal Reserve Holds Rates in Place
Bank of Canada Holds Rates Steady
The Bank of Canada added that CPI inflation was 1.9% in June, up slightly from the previous month. Continue Reading Bank of Canada Holds Rates Steady
Arizona’s JBRE & Co. Joins The Real Brokerage
Founded in 2017 and led by Justin Bemis, the nine-agent team serves Flagstaff, Sedona and Prescott and is on track to exceed $100 million in sales in 2025. Continue Reading Arizona’s JBRE & Co. Joins The Real Brokerage
Compass Expands in North Carolina with Addition of Cottingham Chalk
Cottingham Chalk’s 70 agents closed $589 million in sales volume during 2024. Continue Reading Compass Expands in North Carolina with Addition of Cottingham Chalk
Rental Housing Developer Sunstone Two Tree Opens Phoenix Office
The new office joins the company’s Westlake Village, California-based headquarters. Continue Reading Rental Housing Developer Sunstone Two Tree Opens Phoenix Office
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