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Iowa Governor Says She’s Considering Property Tax Freeze for Seniors
“We have to see what the numbers look like,” said Gov. Kim Reynolds. Continue Reading Iowa Governor Says She’s Considering Property Tax Freeze for Seniors
Iowa Governor Says She’s Considering Property Tax Freeze for Seniors
“We have to see what the numbers look like,” said Gov. Kim Reynolds. Continue Reading Iowa Governor Says She’s Considering Property Tax Freeze for Seniors
Builder Confidence Rises Despite Market Challenges
There was a new rush of optimism in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which found builder confidence at a 37 level, up five points from September and the highest reading since April. Readings over 50...
Q3 Home Sales Profits Near 50% Margin
Homeowners, on average, made a 49.9% profit selling single-family homes and condos during the third quarter, up from a 49.3% profit margin in the previous quarter but down from the 55.4% average profit in the third quarter of 2024. The profit margin is the percent...
NYC Median Rent Up 5.4% from Last Year
The median asking rent in New York City reached $3,599 during the third quarter, up 5.4% from one year ago, according to the latest NYC Rent Report from Realtor.com. The current median rent for the city’s residents is now 20.2% higher than it was prior to the...
NEWS & CURRENT EVENTS
Mortgage Application Activity Records Slight Uptick
Among the federal programs, the FHA share of total applications decreased to 15.7% from 16.3% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick
Ex-Pennsylvania Township Tax Collector Pleads Guilty to Embezzling Property Taxes
Karen McGinnis pleaded guilty to one count of embezzlement of public funds. Continue Reading Ex-Pennsylvania Township Tax Collector Pleads Guilty to Embezzling Property Taxes
Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
Eric Drinkwater was licensed with RE/MAX Central since 2005. Continue Reading Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
Virginia Home Sales Hold Steady Amid Surge in New Listings
The statewide median sales price reached $430,000, a 3.6% increase from August 2024. Continue Reading Virginia Home Sales Hold Steady Amid Surge in New Listings
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Tech Trends: Keeping Track of Today’s Business, Meeting Tomorrow’s Tech Leaders
The US tenant billing software market is anticipated to reach $488.27 million by 2032. Continue Reading Tech Trends: Keeping Track of Today’s Business, Meeting Tomorrow’s Tech Leaders
Mortgage Rates Inch Up
The 30-year fixed-rate mortgage averaged 6.81% as of May 15. Continue Reading Mortgage Rates Inch Up
Builder Confidence Drops, Albeit with a Significant Asterisk Attached
Builder confidence took a sizable stumble this month amid concerns of tariffs, interest rates and an uncertain economic outlook. However, the National Association of Home Builders (NAHB) stressed that its Housing Market Index (HMI) data was culled prior to the May 12...
Zillow: New Listings Are Outpacing Home Sales
New listings were up year-over-year in 44 of the 50 largest metros. Continue Reading Zillow: New Listings Are Outpacing Home Sales
Foreclosure Activity Continues to Rise
According to data from ATTOM, one in every 3,950 housing units had a foreclosure filing in April. Continue Reading Foreclosure Activity Continues to Rise
Nora Creedon Named CEO at Starwood Real Estate Income Trust
She will succeed Sean Harris who is stepping down to pursue other opportunities. Continue Reading Nora Creedon Named CEO at Starwood Real Estate Income Trust
Bastyr University Plans to Sell Seattle-Area Campus
Once a full or partial sale occurs, Bastyr University plans to relocate to a new campus in the Seattle area. Continue Reading Bastyr University Plans to Sell Seattle-Area Campus
Yearlong Listing for Frank Lloyd Wright House in Michigan Finally Sells After $1 Million Price Cut
The sellers acquired the property in 2012 for $200,000 and spent $800,000 in renovations and updates to the residence, which was built in 1950. Continue Reading Yearlong Listing for Frank Lloyd Wright House in Michigan Finally Sells After $1 Million Price Cut
Dick’s Sporting Goods Acquires Foot Locker for $2.4 Billion
The acquisition announcement was not accompanied by news of potential store closings. Continue Reading Dick’s Sporting Goods Acquires Foot Locker for $2.4 Billion
Study: Abandoned Residential Properties Could be Worth Over $150 Billion
The so-called “zombie foreclosures” numbered over 7,000 as of the end of the fourth quarter of 2024. Continue Reading Study: Abandoned Residential Properties Could be Worth Over $150 Billion
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