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Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
Rep. Steve Carra pointed out that approximately 72% of Michigan households do not have a child in government schools. Continue Reading Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
Rep. Steve Carra pointed out that approximately 72% of Michigan households do not have a child in government schools. Continue Reading Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
Hits and Misses for the Real Estate Week of Dec. 8-12
Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 8-12. Miss: A Missed Opportunity. A new...
Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
Sen. Tommy Tuberville (R-AL) announced that he is working with President Trump and Federal Housing Finance Agency Director Bill Pulte to relocate Fannie Mae’s San Francisco office to Alabama. WBRC reports Tuberville made the announcement on his social media pages,...
Canadian Rental Housing Vacancy Rate at 3.1%
Rental housing vacancy rates across major Canadian cities increased during 2025 to 3.1%, up from 2.2% in 2024 and above the national 10-year average. According to data from the Canada Mortgage and Housing Corporation's (CMHC) 2025 Rental Market Report, the rise in...
NEWS & CURRENT EVENTS
Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Newsom did not publicly comment on the lawsuit. Continue Reading Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Granite Real Estate Investment Trust to Delist from the NYSE
Granite has also filed an application for its units to be quoted on the OTCQX platform, to begin trading on or about Dec. 23. Continue Reading Granite Real Estate Investment Trust to Delist from the NYSE
Fed Cuts Rates by Quarter Point
The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting. Continue Reading Fed Cuts Rates by Quarter Point
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
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Swalwell Sues Pulte Over Mortgage Fraud Allegations
Swalwell also accused Pulte of violating the Privacy Act of 1974, which forbids federal agencies from making unauthorized public disclosures of sensitive information relating to an individual. Continue Reading Swalwell Sues Pulte Over Mortgage Fraud Allegations
New Data Points to Deceleration in Home Prices
Chicago, New York and Boston reported the highest year-over-year gains with year-over-year price increases of 5.5%, 5.2% and 4.1%, respectively. Continue Reading New Data Points to Deceleration in Home Prices
Alabama Home Sales Down During October
The state’s median sales price was $253,201, up by 7.6% from September and by 19.7% from October 2024. Continue Reading Alabama Home Sales Down During October
Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
Fannie and Freddie Conforming Loan Limits Raised for 2026
The increase is linked to the 3.26% house price increase recorded between the third quarters of 2024 and 2025. Continue Reading Fannie and Freddie Conforming Loan Limits Raised for 2026
Report: Home Delistings Up 28% Year-Over-Year
Roughly one in five homes that were delisted over the summer were re-listed within three months. Continue Reading Report: Home Delistings Up 28% Year-Over-Year
Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
Maine Home Sales Up 10.73% from Last Year
The median sales price for homes sold hit $426,000, up 7.85% from October 2024. Continue Reading Maine Home Sales Up 10.73% from Last Year
FHFA Announces 2026 Multifamily Loan Caps
Bob Broeksmit, president and CEO of the Mortgage Bankers Association, welcomed the news. Continue Reading FHFA Announces 2026 Multifamily Loan Caps
RealPage Reaches Settlement with DOJ Over Rent Collusion Case
The company viewed the settlement as a victory. Continue Reading RealPage Reaches Settlement with DOJ Over Rent Collusion Case
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