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Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
The proposal will be discussed at the City Council’s next meeting on Oct. 29. Continue Reading Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
The proposal will be discussed at the City Council’s next meeting on Oct. 29. Continue Reading Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales
Rep. Marjorie Taylor Greene (R-GA) has introduced the No Tax on Home Sales Act, which is designed to eliminate the federal capital gains tax on the sale of primary residences. Greene noted the IRS allows an exclusion of up to $250,000 ($500,000 for joint filers) in...
NJ Real Estate Investor Charged in Multimillion-Dollar Ponzi Fraud Scheme
A New Jersey real estate investor who gained a social media following for his house flipping advice was indicted by a federal jury for creating a multimillion-dollar Ponzi-like investment fraud scheme. According to documents filed in this case and statements made in...
Saudi Arabia to Allow Property Ownership by Foreigners
The government of Saudi Arabia has enacted a new law permitting non-Saudis to own property in certain markets across the kingdom. The new law, which goes into effect in January 2026. According to a report in Construction Business News, non-Saudis will be able to...
NEWS & CURRENT EVENTS
Gavin Swartzman Named President at Christie’s International Real Estate
Swartzman previously served as CEO of Toronto-based Peerage Realty Partners from January 2014 through last March. Continue Reading Gavin Swartzman Named President at Christie’s International Real Estate
Michigan Lawmakers Consider Bill to Eliminate Property Taxes for Seniors
Senate Bill 292 introduced by State Sen. Michele Hoitenga, a Republican. Continue Reading Michigan Lawmakers Consider Bill to Eliminate Property Taxes for Seniors
April’s Top 10 Expensive Home Sales Centered in Florida, Beverly Hills and NYC
2200 Gordon Dr. in Naples, Florida, sold for $133.2 million. Continue Reading April’s Top 10 Expensive Home Sales Centered in Florida, Beverly Hills and NYC
United Homes Group Announces Leadership Shifts and Review of Potential Company Sale
“We are committed to maximizing value for all of our shareholders,” said Michael Nieri, co-founder and executive chairman. Continue Reading United Homes Group Announces Leadership Shifts and Review of Potential Company Sale
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Indiana Home Sales Down While Prices Rise
There were 8,896 new listings last month, down 7% from May and down 5% from June 2023. Continue Reading Indiana Home Sales Down While Prices Rise
Report: Immigrant Influx Exacerbates British Columbia’s Housing Problems
30,621 housing units were completed in 2023 in the province’s seven Census Metropolitan Areas, a 1% uptick from 2022. Continue Reading Report: Immigrant Influx Exacerbates British Columbia’s Housing Problems
Fair Housing Complaints Reach Record High for Third Straight Year
NFHA added that most of the housing discrimination incidents that occur go unreported. Continue Reading Fair Housing Complaints Reach Record High for Third Straight Year
The Mysterious Buyer of the $135 Million NYC Penthouse is Revealed
The buyer was very familiar with the property. Continue Reading The Mysterious Buyer of the $135 Million NYC Penthouse is Revealed
Finmarc Management Buys Maryland Shopping Center for $30 Million
The property is 95% leased and is anchored by TJ Maxx, Michaels, PetSmart, and Bob’s Discount Furniture. Continue Reading Finmarc Management Buys Maryland Shopping Center for $30 Million
Quebec’s Q2 Home Sales Up 12%
The single-family home median price across Quebec grew by 5% year-over-year to $452,500. Continue Reading Quebec’s Q2 Home Sales Up 12%
HUD, Appraisal Foundation Offer Different Spins on Conciliation Agreement
The Appraisal Foundation called the investigation “a rare secretary-initiated political complaint.” Continue Reading HUD, Appraisal Foundation Offer Different Spins on Conciliation Agreement
Mortgage Rates Slide Away from the 7% Mark
The 30-year fixed-rate mortgage averaged 6.89% as of July 11. Continue Reading Mortgage Rates Slide Away from the 7% Mark
CFPB Proposes Rule Changes to Help Prevent Foreclosures
The CFPB is accepting input on the proposed changes through Sept. 9. Continue Reading CFPB Proposes Rule Changes to Help Prevent Foreclosures
Christie’s International Real Estate Expands into Luxembourg
Christie’s International Real Estate has affiliates in more than 20 countries. Continue Reading Christie’s International Real Estate Expands into Luxembourg
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