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Survey: Most Montana Voters Oppose Substituting Property Taxes with a Statewide Sales Tax
A new survey of Montana voters found an overwhelming lack of support for replacing property taxes with a new statewide sales tax. The survey, conducted by Montana Free Press and the Eagleton Institute of Politics at Rutgers University found 48% of respondents stating...
Survey: Most Montana Voters Oppose Substituting Property Taxes with a Statewide Sales Tax
Montana is one of five states without a statewide sales tax. Continue Reading Survey: Most Montana Voters Oppose Substituting Property Taxes with a Statewide Sales Tax
Report: Nationwide Mortgage Delinquency Rate at 4-Year High
The number of past-due mortgages rose by 275,000 from October to 2.3 million in November, raising the national delinquency rate to 3.85% — the highest level in over four years. According to a new data report from ICE Mortgage Technology, a division of Intercontinental...
Democratic Attorneys General Sue to Block Defunding of the CFPB
A coalition of Democratic state attorneys general has sued the Trump administration to stop the complete defunding of the Consumer Financial Protection Bureau (CFPB). In the lawsuit, the attorneys general pointed out that Russ Vought, the acting CFPB director, is...
Denver City Council Approves $70 Million for New Soccer Stadium
The Denver City Council has approved a series of measures that will enable the owners of the Denver Summit FC professional women’s soccer team to build a 14,500-seat stadium at the site of the old Gates Rubber Factory. According to coverage from Denverite.com, the...
News & Current Events
Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Genesis LA will originate loans to support homeownership, economic development, and nonprofit facilities in the Altadena and Pasadena areas. Continue Reading Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
reAlpha Tech Corp. Acquires InstaMortgage
Under the terms of the definitive agreement, reAlpha would acquire 100% of the outstanding equity of InstaMortgage for total consideration of approximately $8.5 million. Continue Reading reAlpha Tech Corp. Acquires InstaMortgage
Maine’s Housing Market was a November to Forget
The state reported a median sales price of $399,000 for single-family existing homes sold in November. Continue Reading Maine’s Housing Market was a November to Forget
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eXp Realty Expands Into Ecuador
The new office will be led by Kléver Guanoluisa Torres, who previously led the RE/MAX team in Ecuador. Continue Reading eXp Realty Expands Into Ecuador
Hits and Misses for the Real Estate Week of May 12-16
Canada’s unlikely new housing minister, two high profile property sales where the sellers took a big loss, and HUD’s commitment to Indian Country housing. Continue Reading Hits and Misses for the Real Estate Week of May 12-16
Kash Patel: FBI to Vacate DC Headquarters
The 11-story Brutalist-style building opened in 1975. Continue Reading Kash Patel: FBI to Vacate DC Headquarters
Scott Felder Homes Acquires Olivia Clarke Homes
The financial terms of the deal were not disclosed. Continue Reading Scott Felder Homes Acquires Olivia Clarke Homes
CBRE Forecasts Modest RevPAR Growth for US Hotels in 2025
Looking ahead, CBRE projects RevPAR growth in the range of 1.0% to 3.0% over the next few years. Continue Reading CBRE Forecasts Modest RevPAR Growth for US Hotels in 2025
Woodrow Wilson’s 19th Century New Jersey Home Listed for $6.5 Million
The home last changed hands in 2003 for $2.2 million. Continue Reading Woodrow Wilson’s 19th Century New Jersey Home Listed for $6.5 Million
Report: Little Change in Real Estate Agent Commissions Since NAR Settlement
For homes that sold for $1 million or more in the first quarter, Redfin found the average buyer’s agent commission was 2.17%. Continue Reading Report: Little Change in Real Estate Agent Commissions Since NAR Settlement
Single-Family Housing Starts Down 2.1%
Single-family housing completions in April were at a rate of 943,000, down 8% from the revised March rate of 1.02 million. Continue Reading Single-Family Housing Starts Down 2.1%
Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April
The April issuance encompassed $42.2 billion in total MBS, resulting in a net portfolio growth of $10.6 billion. Continue Reading Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April