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New ‘Mansion Tax’ Coming to England
Tens of thousands of properties could be impacted by this new tax, with most of the residences located in London. Continue Reading New ‘Mansion Tax’ Coming to England
New ‘Mansion Tax’ Coming to England
Tens of thousands of properties could be impacted by this new tax, with most of the residences located in London. Continue Reading New ‘Mansion Tax’ Coming to England
Mortgage Application Payment Levels Down in August
The national median mortgage payment applied for by loan applicants decreased to $2,100 from $2,127 in August, according to data from the Mortgage Bankers Association (MBA). However, it was also up by $43 from one year ago, equal to a 2.1% increase. The national...
Mortgage Rates Inch Up Slightly
Mortgage rates inched up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of Sept. 25, up from last week when it averaged 6.26%. A year ago at this time, it averaged 6.08%. The...
Existing Home Sales Remain Flat
Existing home sales were mostly flat in August, dipping by a scant 0.2% from July to a seasonally adjusted annual rate of 4 million, according to the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.8%. Regionally, month-over-month...
NEWS & CURRENT EVENTS
Trump Announces He is Firing Fed Gov. Cook Over Mortgage Fraud Allegations
Trump’s action marks the first time that a president has sought to fire a Federal Reserve official. Continue Reading Trump Announces He is Firing Fed Gov. Cook Over Mortgage Fraud Allegations
A Phil Hall Op-Ed: Bill Pulte, Ken Paxton, and Hypocrisy in Mortgage Fraud Probes
Is the FHFA director intentionally refusing to investigate mortgage fraud claims against the Republican attorney general in Texas? Continue Reading A Phil Hall Op-Ed: Bill Pulte, Ken Paxton, and Hypocrisy in Mortgage Fraud Probes
New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot
This is the second ongoing effort to put property tax reform on the Nebraska ballot. Continue Reading New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot
Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million
The 36-story, 382,500-rentable-square-foot building is based directly above the flagship Saks Fifth Avenue department store. Continue Reading Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million
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Webstar Technology Group Taps Nelson Worldwide Architects for $650 Million Mixed-Use Georgia Resort
The companies are also partnering on a $1.2 billion development in a downtown Atlanta location. Continue Reading Webstar Technology Group Taps Nelson Worldwide Architects for $650 Million Mixed-Use Georgia Resort
Highwoods Properties Acquires Raleigh’s Advance Auto Parts Tower
The financial aspects of the acquisition were not disclosed. Continue Reading Highwoods Properties Acquires Raleigh’s Advance Auto Parts Tower
Fortis Property Group Sued Over Alleged Asset Misrepresentation on Brooklyn Development
A spokesperson for Fortis called the lawsuit “pathetic.” Continue Reading Fortis Property Group Sued Over Alleged Asset Misrepresentation on Brooklyn Development
Frontier Lithium Completes Land Acquisition on Ontario’s Mission Island
The Mission Island site comprises 183 acres of heavy industrial property. Continue Reading Frontier Lithium Completes Land Acquisition on Ontario’s Mission Island
Hits and Misses for the Real Estate Week of Feb. 24-28
The CFPB changes its mind, two different approaches to EV charger installations and an eggs-cellent home selling approach. Continue Reading Hits and Misses for the Real Estate Week of Feb. 24-28
New Lawsuit Accuses Douglas Elliman and Ex-CEO Howard Lorber of Enabling the Alexander Brothers
Tal, Oren and Alon Alexander have pleaded not guilty to federal sex trafficking charges. Continue Reading New Lawsuit Accuses Douglas Elliman and Ex-CEO Howard Lorber of Enabling the Alexander Brothers
Toll Brothers Launches New Phase of Atlanta-Area Luxury Community
Sterling Pointe offers 64 new homes with two-story single-family home designs Continue Reading Toll Brothers Launches New Phase of Atlanta-Area Luxury Community
CFPB Employees Claim Trump Wants to Reduce Agency to 5 Employees
The CFPB would be reduced to a “room at Treasury, White House, or Federal Reserve with five men and a phone in it.” Continue Reading CFPB Employees Claim Trump Wants to Reduce Agency to 5 Employees
Ohio Home Sales Inched Up 0.8%
The average sales price across Ohio in January reached $274,522. Continue Reading Ohio Home Sales Inched Up 0.8%
Report: 1 in 7 Pending Home Sales Were Canceled in January
Atlanta leads the nation in canceled deals, with one in five (19.8%) of January’s pending home sales falling apart. Continue Reading Report: 1 in 7 Pending Home Sales Were Canceled in January
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