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Hits and Misses for the Real Estate Week of March 23-27
Mortgage rates on the rise, Habitat for Humanity turns 50, and a new TV series to help seniors consider housing options. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 23-27. Miss: Going Right in the Wrong Direction....
Hits and Misses for the Real Estate Week of March 23-27
Mortgage rates on the rise, Habitat for Humanity turns 50, and a new TV series help seniors consider housing options. Continue Reading Hits and Misses for the Real Estate Week of March 23-27
Florida House Passes Resolution on Eliminating Property Taxes
Florida’s House of Representatives approved a resolution ending non-school property taxes on homestead properties starting on Jan. 1, 2027. Florida Phoenix reports the resolution would place the proposal on November’s ballot, with voters determining whether to amend...
Wisconsin Home Sales Down Amid Drop in New Listings
Wisconsin recorded 3,484 existing home sales in January, a 3.9% decline from the 3,625 transactions recorded one year earlier. According to data from the Wisconsin Realtors Association (WRA), the slowdown in sales was fueled by the 11.3% year-over-year decline in new...
Massachusetts Housing Chief to Become CEO of UniBank
Massachusetts Housing and Livable Communities Secretary Ed Augustus announced he will be resigning from his position on Feb. 27 to become CEO of UniBank. NBC Boston reports Gov. Maura Healey is replacing Augustus with former State Rep. Juana Matias, a former member of...
News & Current Events
FIFA Pledges $50 Million to Build a New Soccer Stadium in Gaza
The stadium will accommodate between 20,000 and 25,000 spectators. Continue Reading FIFA Pledges $50 Million to Build a New Soccer Stadium in Gaza
HUD Proposes Rule to Force Noncitizens Out of Public Housing
“HUD’s proposed rule will guarantee that all residents in HUD-funded housing are eligible tenants,” said Secretary Scott Turner. Continue Reading HUD Proposes Rule to Force Noncitizens Out of Public Housing
Chicago Bears Move Closer to Indiana Stadium Deal
However, the team is still in talks with Illinois lawmakers over the creation of a new stadium in the Chicago suburb of Arlington Heights. Continue Reading Chicago Bears Move Closer to Indiana Stadium Deal
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Maine Home Sales Rise as Prices Ease
The median sales price during September was $402,500, a 1.35% decrease from the $408,000 price recorded in September 2024. Continue Reading Maine Home Sales Rise as Prices Ease
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
The property tax savings are complemented by the State of Wisconsin’s sales tax exemption on the construction of qualified data centers. Continue Reading Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper
The stadium will be powered entirely on solar and wind energy. Continue Reading Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper
Messaging Feature Added to Zillow App
Each listing conversation is organized in a single thread, reducing the app-hopping and missed messages. Continue Reading Messaging Feature Added to Zillow App
New York State Launches Housing Accelerator Fund
The initial cohort of Housing Acceleration Fund awards are expected to result in approximately 1,800 new homes. Continue Reading New York State Launches Housing Accelerator Fund
Joint Venture Acquires Sotherly Hotels REIT
“This transaction is a testament to the high-quality portfolio that Sotherly has built over the past 20-plus years,” said David Folsom, Sotherly’s CEO. Continue Reading Joint Venture Acquires Sotherly Hotels REIT
Beeline Announces First Blockchain-Recorded Home Equity Transactions
BeelineEquity closed five blockchain-tracked equity transactions, with five more scheduled this month. Continue Reading Beeline Announces First Blockchain-Recorded Home Equity Transactions
Plymouth Industrial REIT Acquired by Joint Venture for $2.1 Billion
“This all-cash transaction will deliver significant, immediate and certain value to Plymouth shareholders,” said Jeff Witherell, CEO and co-founder of Plymouth. Continue Reading Plymouth Industrial REIT Acquired by Joint Venture for $2.1 Billion
Douglas Elliman in Rebranding Initiative After Selling Property Management Division
Watson’s client list includes Mandarin Oriental, Mayo Clinic, and Four Seasons. Continue Reading Douglas Elliman in Rebranding Initiative After Selling Property Management Division