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Indiana School Officials Complain Property Tax Reforms Disrupting Their Operations
The survey found that 65.3% of Indiana districts already reduced or will reduce support staff, while 55.8% have already reduced or will reduce teaching staff. Continue Reading Indiana School Officials Complain Property Tax Reforms Disrupting Their Operations
Indiana School Officials Complain Property Tax Reforms Disrupting Their Operations
The survey found that 65.3% of Indiana districts already reduced or will reduce support staff, while 55.8% have already reduced or will reduce teaching staff. Continue Reading Indiana School Officials Complain Property Tax Reforms Disrupting Their Operations
Mortgage Application Activity Slows Again
Mortgage application activity slowed again for week ending Oct. 10, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.8% on a seasonally adjusted basis from one...
William Holden’s Palm Springs Estate Listed for $11 Million
The Palm Springs, California-based estate that was once owned by Academy Award-winning actor William Holden has been listed for sale at $11 million. According to Realtor.com, the 1-acre property features a 4,449-square-foot home with five bedrooms and bedrooms. The...
Florida Lawmaker Proposes $1,000/Year Property Tax Rebate for Next 5 Years
A Florida legislator is proposing a new bill that would offer certain homeowners an annual $1,000 rebate on their properties over the next five years. Newsweek reports Rep. Jeff Holcomb’s House Bill 71 would enable some homestead property owners to receive a total of...
NEWS & CURRENT EVENTS
Rithm Capital Buys Paramount Group for $1.6 Billion
Paramount’s portfolio includes 13 owned and four managed high quality office assets, totaling more than 13.1 million square feet, 85.4% of which is currently leased as of June 30. Continue Reading Rithm Capital Buys Paramount Group for $1.6 Billion
DC Council Gives Final Approval on Commanders Stadium Project
The Commanders have been playing at Northwest Stadium in Landover, Maryland, since 1997. Continue Reading DC Council Gives Final Approval on Commanders Stadium Project
Kansas Considers Proposal to End Property Taxes
Rep. Blake Carpenter proposed eliminating property taxes, along with vehicle taxes and the state income tax. Continue Reading Kansas Considers Proposal to End Property Taxes
Trump Faults Newsom on Rebuilding from Wildfires, Newsom Accuses Trump of Having Dementia
The president, who is on a state visit to the UK, did not immediately respond to the Newsom messages. Continue Reading Trump Faults Newsom on Rebuilding from Wildfires, Newsom Accuses Trump of Having Dementia
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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NAR’s Historic Settlement Continues to Shift the Real Estate Industry
The challenge for lawmakers, and those who enforce those laws, is that those reactions almost always include unintended consequences. When the Federal Court gave its final approval for NAR’s settlement of the Sitzer/Burnett case back in November, it sent shockwaves through the real estate industry. Continue Reading NAR’s Historic Settlement Continues to Shift the Real Estate Industry
Texas Lawmakers Lobby to Relocate NASA Headquarters to Johnson Space Center in Houston
Florida and Ohio are also seeking to host NASA’s headquarters when its lease in Washington, DC, expires. Continue Reading Texas Lawmakers Lobby to Relocate NASA Headquarters to Johnson Space Center in Houston
72-Year-Old Idaho Man Sentenced for Embezzling Public Housing Authority
Bruce Hauber, 72, was employed as the executive director of the federally funded American Falls Housing Authority (AFHA) from 2019 to 2023. Continue Reading 72-Year-Old Idaho Man Sentenced for Embezzling Public Housing Authority
The BLVD Group Acquires Rhode Island Apartment Community for $57 Million
The acquisition and renovation are being financed through Low Income Housing Tax Credits and tax-exempt bonds. Continue Reading The BLVD Group Acquires Rhode Island Apartment Community for $57 Million
Emory University Receives $5 Million for New Real Estate Center
The newly announced BL Harbert Real Estate Center will be designed to equip students to excel as real estate entrepreneurs and practitioners. Continue Reading Emory University Receives $5 Million for New Real Estate Center
Proposal Would Turn Louisiana School into Affordable Housing for Teachers
East Baton Rouge Superintendent LaMont Cole floated the idea of renovating Westminster Elementary School into housing specifically for new educators. Continue Reading Proposal Would Turn Louisiana School into Affordable Housing for Teachers
Judge Temporarily Blocks Planned CFPB Layoffs
“We’re not going to disburse 1,483 people into the universe,” said Judge Amy Berman Jackson. Continue Reading Judge Temporarily Blocks Planned CFPB Layoffs
New Home Purchase Mortgage Applications Surged in March
The average loan size for new homes decreased from $397,516 in February to $381,921 in March. Continue Reading New Home Purchase Mortgage Applications Surged in March
Master-Planned Community with Surfing Lagoons Planned for Utah
The 30-acre project will feature 65 short-term rental properties built around two concrete-lined, clear lagoons designed specifically for surfing and other water recreation. Continue Reading Master-Planned Community with Surfing Lagoons Planned for Utah
LendingClub Pays $74.5 Million for New San Francisco HQ Building
The property was constructed in 1986, last purchased in 1999, and renovated in 2020. Continue Reading LendingClub Pays $74.5 Million for New San Francisco HQ Building
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