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Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
New foreclosure filings across the city nearly doubled over the first six months of 2025 compared to the second half of last year. Continue Reading Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
New foreclosure filings across the city nearly doubled over the first six months of 2025 compared to the second half of last year. Continue Reading Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief
Florida Gov. Ron DeSantis has raised the idea of calling a special legislative session that would focus on cutting property taxes. WLRN.org reports that legislators are currently weighing ideas on relieving the state’s property tax burden, which would be voted on...
FHFA Withdraws Three Biden-Era Proposed Rules
The Federal Housing Finance Agency (FHFA) has withdrawn three proposed rules put forth during the Biden administration relating to the government-sponsored enterprises and the Federal Home Loan Banks (FHLBanks). The withdrawals involve a 2021 proposed rule that would...
One in Six Home Sellers Dropped Their Asking Price
One of every six (16.7%) home sellers dropped their asking price in August, up from 15.9% one year earlier. According to data from Redfin, this marked the highest share for August in records dating back to 2012. The typical home that sold in August went for 3.8% less...
NEWS & CURRENT EVENTS
Grant Cardone Pushes for Multifamily Construction to Alleviate Housing Shortage
“America cannot build ‘affordable housing’ at enough scale to offset this,” he said. Continue Reading Grant Cardone Pushes for Multifamily Construction to Alleviate Housing Shortage
Philadelphia Launches System to Detect Deed Fraud with Forgeries of Dead Homeowners
The city’s Department of Records found 111 cases of deed fraud last year. Continue Reading Philadelphia Launches System to Detect Deed Fraud with Forgeries of Dead Homeowners
Study: Detroit Property Taxes Could Be Cut if City Enacts Admissions Tax on Events
Detroit is one of the few large cities that does not charge admission taxes on events. Continue Reading Study: Detroit Property Taxes Could Be Cut if City Enacts Admissions Tax on Events
Real Estate Investors Bought Fewer Properties During Q2
Redfin’s report covers both institutional and mom-and-pop investors. Continue Reading Real Estate Investors Bought Fewer Properties During Q2
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Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70
He served as director of capital programs for the District of Columbia Housing Authority. Continue Reading Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70
Kolter Homes Unveils New 55+ Community in Florida
The community will feature over 800 homes. Continue Reading Kolter Homes Unveils New 55+ Community in Florida
UK Government Plans to Build 18,000 New Social and Affordable Homes by 2029
The announcement follows government plans to train 60,000 construction workers to address a worker shortage in that sector. Continue Reading UK Government Plans to Build 18,000 New Social and Affordable Homes by 2029
FHFA’s Pulte Rescinds Five Biden-Era Housing Policy Actions
Pulte announced his actions in photographs of the paper-based orders posted to his personal X account. Continue Reading FHFA’s Pulte Rescinds Five Biden-Era Housing Policy Actions
Sluggish Refinance Activity Drives Down Mortgage Application Levels
The Refinance Index decreased 5% from the previous week, although it was 63% higher than the same week one year ago. Continue Reading Sluggish Refinance Activity Drives Down Mortgage Application Levels
Nest Seekers Launches Art Brokerage Affiliate
Nest Collections was created in partnership with Studio Kasa founder Josh Kasper. Continue Reading Nest Seekers Launches Art Brokerage Affiliate
Dollar Tree Sells Family Dollar Retail Chain for $1 Billion
Dollar Tree acquired Family Dollar for more than $8 billion in 2015. Continue Reading Dollar Tree Sells Family Dollar Retail Chain for $1 Billion
Hilton’s Waldorf Astoria Hotels & Resorts to Open First Texas Resort
The new resort is slated to open in 2027. Continue Reading Hilton’s Waldorf Astoria Hotels & Resorts to Open First Texas Resort
Court Blocks HUD’s Termination of Fair Housing Initiative Program Grants
Approximately $30 million was planned for distribution to nonprofits investigating housing discrimination. Continue Reading Court Blocks HUD’s Termination of Fair Housing Initiative Program Grants
Survey: Nearly Half of Renters Feel Homeownership is Out of Reach
GenZ renters were the most optimistic, with 53% believing homeownership was very or somewhat possible. Continue Reading Survey: Nearly Half of Renters Feel Homeownership is Out of Reach
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