Featured Real Estate News
Mamdani to Suspend NYC’s Tax Lien Sale Program
Mayor Zohran Mamdani plans to halt New York City’s tax lien sale program and might consider ending the practice. The program began in 1996 and involves the sale of property owners’ unpaid tax liens and water debt at a discount to a private investor-backed trust, which...
Mamdani to Suspend NYC’s Tax Lien Sale Program
Under the program, the city can sell a property tax lien when the owner owes as little as $5,000. Continue Reading Mamdani to Suspend NYC’s Tax Lien Sale Program
Ohio Governor Signs 5 Property Tax Relief Bills into Law
Ohio Gov. Mike DeWine signed five bills into law designed to alleviate the property tax burden on homeowners. WSYX reports the new laws, which go into effect in 90 days, include the following: House Bill 124, which modifies the process for making property tax...
Pittsburgh City Council Approves 20% Property Tax Hike
The Pittsburgh City Council voted 6-2 to approve a 20% property tax increase as part of a $693.2 million spending plan for 2026. WESA reports the budget proposal raises the city’s property tax rate from 8.06 mills to 9.67 mills. This increases the city’s property tax...
Florida Announces Final Judgment Against MV Realty’s Homeowner Scam
Florida Attorney General James Uthmeier announced a final judgment against MV Realty that requires the company make a $3 million payment by June 30, 2026, and to remove liens from over 9,000 homes statewide. Uthmeier’s office accused MV Realty PBC LLC and its...
News & Current Events
Report: Right-Wing News Site Inspired Pulte’s Mortgage Fraud Charges Against Swalwell
A review of government emails by Reuters has traced the roots of the criminal referral to a Nov. 12 article published by The Gateway Pundit. Continue Reading Report: Right-Wing News Site Inspired Pulte’s Mortgage Fraud Charges Against Swalwell
Hits and Misses for the Real Estate Week of Dec. 15-19
Presidential promises of a stronger housing market, dead Colorado residents getting HUD benefits, and Jeremy Allen White’s real estate obsession. Continue Reading Hits and Misses for the Real Estate Week of Dec. 15-19
Indiana Broker Has License Revoked Amid Multiple Fraud and Forgery Charges
Total victim losses could be higher than $100 million. Continue Reading Indiana Broker Has License Revoked Amid Multiple Fraud and Forgery Charges
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Exclusive News
Mortgage Rates Take an Upswing
The 30-year fixed-rate mortgage averaged 6.83% as of April 17, up from last week when it averaged 6.62%. Continue Reading Mortgage Rates Take an Upswing
Trump Calls for ‘Termination’ of Powell’s Fed Leadership
“Powell’s termination cannot come fast enough!” said the president. Continue Reading Trump Calls for ‘Termination’ of Powell’s Fed Leadership
Housing Starts Dropped in March
Single-family housing completions in March were at a rate of 1.029 million, up by 0.9% from the revised February rate of 1,020 million. Continue Reading Housing Starts Dropped in March
European Central Bank Cuts Interest Rates by 25 Basis Points
The ECB noted that “the disinflation process is well on track” but warned about challenges ahead. Continue Reading European Central Bank Cuts Interest Rates by 25 Basis Points
Average Property Tax on Single-Family Home Up 2.7% in 2024
The 10 states with the highest effective tax rates in 2024 were all in the Northeast and middle of the country. Continue Reading Average Property Tax on Single-Family Home Up 2.7% in 2024
Report: Homes Are Taking Longer to Sell
Active listings hit the highest level in five years in March via a 0.1% month-over-month uptick. Continue Reading Report: Homes Are Taking Longer to Sell
RE/MAX: Home Sales Up 23% in March
The median sales price last month was $435,000, which was nearly $8,000 (1.8%) higher than in February. Continue Reading RE/MAX: Home Sales Up 23% in March
Jim Dinegar Named CEO of Society of Industrial Office Realtors
He replaced Robert Thornburgh, who stepped down to become regional president of the Southwest Region at Cushman & Wakefield. Continue Reading Jim Dinegar Named CEO of Society of Industrial Office Realtors
Christie’s International Real Estate Expands into New Zealand
Award-winning agents Russell and Angela Thomas are co-leading the firm. Continue Reading Christie’s International Real Estate Expands into New Zealand