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Disney Files 15 Lawsuits Against ‘Excessive’ Property Tax Assessments on Florida Assets
The lawsuits claim the office of Orange County Property Appraiser Amy Mercado did not use “professionally accepted appraisal practices.” Continue Reading Disney Files 15 Lawsuits Against ‘Excessive’ Property Tax Assessments on Florida Assets
Disney Files 15 Lawsuits Against ‘Excessive’ Property Tax Assessments on Florida Assets
The lawsuits claim the office of Orange County Property Appraiser Amy Mercado did not use “professionally accepted appraisal practices.” Continue Reading Disney Files 15 Lawsuits Against ‘Excessive’ Property Tax Assessments on Florida Assets
Refinancing Action Fuels 30% Surge in Mortgage Application Activity
Mortgage application activity surged during the week ending Sept. 12 thanks to an upswing in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, spiked by 29.7%...
Single-Family Housing Starts Down by 7%
Single-family housing starts in August were at a rate of 890,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This marked a 7% drop from the revised July figure of 957,000. Privately-owned housing starts in August...
Congressional Real Estate Caucus Introduces Bill to Address Housing Affordability
The leadership of the Congressional Real Estate Caucus have introduced a new bill that seeks to address the nation’s housing affordability challenges. The bipartisan Saving the American Dream Act will create an interagency task force to confront issues including...
NEWS & CURRENT EVENTS
Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
The community located 20 minutes from Disneyland has a median listing price of more than $1 million. Continue Reading Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
“We can deliver homes to Texas, Oklahoma, Louisiana, Arkansas, and parts of New Mexico,” said the company in a press statement. Continue Reading Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Hochul allocated $25 billion in state investments to this initiative, which ends in 2027. Continue Reading New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Report: Trump to Expand 401(k) Plans to Include Real Estate as Investment Option
Under the order, the Department of Labor will review and update the guidance under the Employee Retirement Income Security Act (ERISA) of 1974. Continue Reading Report: Trump to Expand 401(k) Plans to Include Real Estate as Investment Option
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Alabama Home Sales Up, Reversing Three-Month Decline
Alabama saw 416 foreclosures in November, down by 3.7% from the prior month and a 22.2% annual decrease. Continue Reading Alabama Home Sales Up, Reversing Three-Month Decline
New York State Housing Inventory at 8-Month Low
The lack of available properties resulted in a 4.6% year-over-year decline in closed sales. Continue Reading New York State Housing Inventory at 8-Month Low
Wisconsin Home Sales Inched Up in November
Also on the rise was the state’s median price – $310,000, up 8.8% from $279,900 in the prior year. Continue Reading Wisconsin Home Sales Inched Up in November
116-Unit Connecticut Multifamily Complex Sells for $14.1 Million
National Multifamily Corp. President Matt Cawley represented the seller and procured the buyer in the transaction. Continue Reading 116-Unit Connecticut Multifamily Complex Sells for $14.1 Million
FCP Acquires 250-Unit Florida Multifamily Community
The financial terms of the acquisition were not disclosed. Continue Reading FCP Acquires 250-Unit Florida Multifamily Community
Trinity Investments Acquires Historic Seattle Hotel
The 450-room luxury hotel opened in 1924 and spans an entire block of Downtown Seattle. Continue Reading Trinity Investments Acquires Historic Seattle Hotel
Harbor Capital Acquires Houston-Area Industrial Property
The 13 new industrial buildings at the property features spaces ranging from 5,625 to 48,750 square feet. Continue Reading Harbor Capital Acquires Houston-Area Industrial Property
Big Lots to Start ‘Going Out of Business’ Sales at Remaining Stores
Big Lots currently operates 963 stores nationwide. Continue Reading Big Lots to Start ‘Going Out of Business’ Sales at Remaining Stores
Existing Home Sales Up in November
Last month’s median existing home price for all housing types was $406,100. Continue Reading Existing Home Sales Up in November
Mortgage Rates Rise Ahead of Christmas
The 30-year fixed-rate mortgage averaged 6.72% as of Dec. 19. Continue Reading Mortgage Rates Rise Ahead of Christmas
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