Featured Real Estate News
Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
Buffalo Mayor Sean Ryan is warning city residents that they could soon face a 25% property tax hike. WIVB reports the upstate New York city faces an estimated $109 million deficit, with significant gaps in resources. “We’re down about 50% of the garbage trucks we...
Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
To fill in the deficit, some proposals being considered include a $20 to $30 increase on property taxes. Continue Reading Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
Single-Family Housing Starts Up in December
Single-family housing starts in December were at a rate of 981,000, according to data from the US Census Bureau and Department of Housing and Urban Development. This is 4.1% above the revised November figure of 942,000. Privately-owned housing starts in December were...
NYC Mayor Mamdani Threatens 9.5% Property Tax Hike if State Rejects His Call for a New Wealth Tax
New York City Mayor Zohran Mamdani is threatening to raise property taxes by 9.5% unless the state government agrees to his demand to raise taxes on the city’s wealthiest residents. Property taxes are the city’s largest revenue source, and the mayor does not require...
Drop in January Canadian Home Sales Blamed on Winter Weather
Severe winter weather was blamed for a decline in home sales across Canada during January. According to data from the Canadian Real Estate Association (CREA), nationwide home sales were down 5.8% from December and down by 16.2% from January 2025. This occurred as the...
News & Current Events
Florida Dominated Top 10 List of January’s Most Expensive Home Sales
All of the 10 most expensive properties sold last month carried price tags of more than $29 million. Continue Reading Florida Dominated Top 10 List of January’s Most Expensive Home Sales
Coalition of 174 Organizations Urge HUD Not to Drop Disparate Impact Regulations
The coalition said the disparate impact regulations was one of the most impactful tools used to fight housing discrimination. Continue Reading Coalition of 174 Organizations Urge HUD Not to Drop Disparate Impact Regulations
REMAX: January Home Sales Plummeted While New Listings Expanded
The median sales price for January was $425,000, a 2% drop from December and a 1% uptick from January 2025. Continue Reading REMAX: January Home Sales Plummeted While New Listings Expanded
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Exclusive News
Mortgage Application Activity Takes a 0.6% Uptick
Among the federal programs, the FHA share of total applications increased to 19.4% from 18.5% the week prior. Continue Reading Mortgage Application Activity Takes a 0.6% Uptick
Report: Fannie Mae Investigators Fired After Probing Pulte for Possible Misuse of Authority
An FHFA spokesman said the report contained “false and defamatory claims.” Continue Reading Report: Fannie Mae Investigators Fired After Probing Pulte for Possible Misuse of Authority
The Best Day for Buying a House Is…
Buyers who close on Christmas Eve enjoyed the lowest premium above the automated valuation model. Continue Reading The Best Day for Buying a House Is…
Watchdog Group Seeks Bar Probe of Prosecutor in Letitia James Mortgage Fraud Case
“CfA Executive Director Michelle Kuppersmith said, “It is difficult to overstate the damage wrought by Ms. Halligan’s actions.” Continue Reading Watchdog Group Seeks Bar Probe of Prosecutor in Letitia James Mortgage Fraud Case
New Forecast Predicts Slight Decline in Q4 Apartment Rent Growth
acancy is expected to hold at 8.2% through the end of December before easing to 7.9% by the end of 2026. Continue Reading New Forecast Predicts Slight Decline in Q4 Apartment Rent Growth
Kansas City Chiefs Reportedly Issue RFP for Design of New Stadium
The State of Kansas has offered to finance up to 70% of a new stadium project if the team decides to cross the state line. Continue Reading Kansas City Chiefs Reportedly Issue RFP for Design of New Stadium
Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
One of the unnamed sources in Politico’s coverage complained that Pulte “sold POTUS a bill of goods that wasn’t necessarily accurate.” Continue Reading Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
More than 1,200 New Jersey residents entered into HBAs, including 140 who paid early termination fees ranging from $575 to $42,000 to get out of them. Continue Reading New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
Apartment-Hotel Brand Sonder to Shut Down
Sonder properties were based in 37 cities across nine countries. Continue Reading Apartment-Hotel Brand Sonder to Shut Down