Featured Real Estate News

Michigan House Speaker Proposes $4.7 Billion Tax on Higher-Income Services to Replace Property Taxes

Michigan House Speaker Matt Hall (R-Richland Township) has proposed a nearly $5 billion per year property tax relief package that will be paid by a new, limited 6% sales tax on select services most used by tourists and high-income residents. WLNS reports Hall called...

Michigan House Speaker Proposes $4.7 Billion Tax on Higher-Income Services to Replace Property Taxes

by Phil Hall | Feb 25, 2026

“I can’t see them wanting to vote against property tax cuts,” Rep. Hall said about Democratic lawmakers. Continue Reading Michigan House Speaker Proposes $4.7 Billion Tax on Higher-Income Services to Replace Property Taxes

Federal Reserve Cuts Rates Again

by Phil Hall | Oct 29, 2025

For the second time this year, the Federal Reserve has issued a rate cut. The central bank’s policy making Federal Open Market Committee voted to lower the target range for the federal funds rate by a 0.25% to a new range of 3.75% to 4%. All but two of the Committee’s...

Pending Home Sales Flat in September

by Phil Hall | Oct 29, 2025

Pending home sales in September were unchanged from August and were down 0.9% from one year earlier, according to the data from the National Association of Realtors. Month-over-month and year-over-year pending home sales were up in the Northeast and South but declined...

Report: Sales of Newly Built Homes at 4-Year Low

by Phil Hall | Oct 29, 2025

Newly built homes accounted for 26.8% of single-family homes for sale nationwide in August, according to a new data report from Redfin. This is down from 28.2% one year ago and 30.6% two years prior, and it also marked the lowest level in four years. Redfin attributed...