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Vermont Governor Seeks to Use State Surplus Revenue to Cut Proposed Property Tax Hike
Vermont Gov. Phil Scott is seeking to use surplus state funds to reduce a projected 12% property tax hike slated for 2026, but the Republican governor is getting pushback from some Democratic legislators over his plan. Vermont Public reports Scott’s administration...
Vermont Governor Seeks to Use State Surplus Revenue to Cut Proposed Property Tax Hike
Vermont Gov. Phil Scott is seeking to use surplus state funds to reduce a projected 12% property tax hike slated for 2026, but the Republican governor is getting pushback from some Democratic legislators over his plan. Vermont Public reports Scott’s administration...
More Than Two-Thirds of EU Households are Homeowners
More than two-thirds (68%) of households in the European Union (EU) owned their home, according to new data from Eurostat, with the remaining 32% living in rented housing. According to an analysis of 2024 data, Romania had the highest homeownership population, with...
CMBS Delinquency Rate Down for November
The delinquency rate for commercial mortgage-backed securities (CMBS) declined by 20 basis points in November to 7.26%, after climbing 23 basis points in October, according to new data from Trepp Inc. Year-over-year, the overall US CMBS delinquency rate is up 86 basis...
Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
More than 60% of the 17,924 homes sold across New York City during the first half of the year were acquired by all-cash buyers. The Gothamist reports that among the city's five boroughs, Queens had the highest total number of all-cash sales with 4,132 out of roughly...
NEWS & CURRENT EVENTS
Home Sales Activity Climbs in New York State
The median sales price was also on the rise, reaching $431,000 last month. Continue Reading Home Sales Activity Climbs in New York State
Pennsylvania Home Sales Up by 6.4%
The median price for the homes sold last month was $300,000. Continue Reading Pennsylvania Home Sales Up by 6.4%
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20. Continue Reading Mortgage Rates Inch Up Slightly
Florida Businessman Sentenced for Construction Loan Fraud Schemes
David Ingram, 73, previously pleaded guilty to one count of wire fraud. Continue Reading Florida Businessman Sentenced for Construction Loan Fraud Schemes
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Trump to Push Builders to Increase Home Construction
“I’m asking Fannie Mae and Freddie Mac to get Big Homebuilders going,” said Trump. Continue Reading Trump to Push Builders to Increase Home Construction
Report: 72% More Condo Sellers Than Buyers
This marked the fifth straight month in which there have been at least 70% more condo sellers than buyers. Continue Reading Report: 72% More Condo Sellers Than Buyers
Massachusetts Real Estate Broker Indicted on Embezzlement Charges
Stephen D. Webster admitted in court that the charges brought against him were “basically accurate.” Continue Reading Massachusetts Real Estate Broker Indicted on Embezzlement Charges
Getty Realty Corp. Acquires $100 Million Houston Convenience Store Portfolio
The convenience stores in this portfolio have an average of more than 8,000 square feet. Continue Reading Getty Realty Corp. Acquires $100 Million Houston Convenience Store Portfolio
Texas AG Paxton Orders 4 Cities to Halt Property Tax Hikes
Paxton contacted officials in La Marque, Odessa, Tom Bean and Whitesboro. Continue Reading Texas AG Paxton Orders 4 Cities to Halt Property Tax Hikes
Rite Aid Shutters Remaining Stores
Rite Aid had fewer than 100 stores prior to its official shutdown. Continue Reading Rite Aid Shutters Remaining Stores
Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
Property tax relief gets slow walked in Ohio, HUD weighs in on the government shutdown, and a familiar face returns to lead NAMB. Continue Reading Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
NJ Democrat Proposes Using Eminent Domain to Seize Trump’s Bedminster Golf Club
The proposal would have the golf venue turned into an affordable housing site. Continue Reading NJ Democrat Proposes Using Eminent Domain to Seize Trump’s Bedminster Golf Club
NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000
Juan Valoy was not a licensed broker and did not have permission from the apartments’ owners to show their residences. Continue Reading NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000
K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million
The sale will also encompass a 44,000-square-foot surface parking lot with 142 spaces and 65 underground parking spaces. Continue Reading K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million
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