Real Estate News & Insights
Report: Chicago Property Taxes See Largest Hike in 30 Years
The city is offering an installment plan with interest for homeowners who are unable to pay their total property tax bill at one time. Continue Reading Report: Chicago Property Taxes See Largest Hike in 30 Years
University of Arizona Snags $60 Million Deal for Stadium Naming Rights
Casino Del Sol is an enterprise of the Pascua Yaqui Tribe. Continue Reading University of Arizona Snags $60 Million Deal for Stadium Naming Rights
Houston Housing Market Forecast
Source: US News --- Houston tends to appeal to a wide range of buyers. It's one of the more affordable major cities in Texas, and it's loaded with jobs and amenities. Evan Compean, founder and owner of Compean Group, has been in the Houston real estate business for...
Despite Banking Turmoil and Flight to Safety on Bonds, FOMC Raises FFR by 25bps
In what was deemed a “game-time decision” by Fed Chair Jerome Powell, the FOMC has opted to raise the Federal Funds Rate by .25%, or 25 bps, according to the statement released today. The target FFR is now 4.75-5%, which is now the highest it has been since 2007. The...
Luxury Home Sales in Miami-Dade Surpasses Pre-Pandemic Levels
Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released by the MIAMI...
A New Luxury Apartment Community is Coming to Norwalk, CT
Toll Brothers, Inc. a national builder of luxury homes, through its Toll Brothers Apartment Living rental division, and Harris Realty Company LLC have announced a new joint venture to develop Piper, a six-story, 393-unit multifamily rental community in Norwalk, Conn....
As Housing Market Cools, Homebuyers are Putting Less Money Down on a Home
The typical U.S. homebuyer’s down payment fell 10% year over year in January to $42,375, its lowest level in nearly two years, according to a new report from Redfin, the technology-based real estate brokerage. The median down payment was down 35% from the peak it...
Higher input costs, speculation drive housing prices up
Source: VN Express International --- The increasing costs of land, materials, labor, legal procedures, and interest rates, as well as speculation, have all been pushing housing prices up for years, according to experts. In recent market reports, the Ministry of...
‘I thought things would start to cool down’: High rates, prices challenge homebuyers
Source: 13 WMAZ --- LOS ANGELES — Homeownership is likely to remain a pipe dream for many Americans this spring homebuying season. The nation’s worst housing slump in nearly a decade stoked hope among prospective buyers that homes could be scooped up more easily. But...
5 inspiring home staging trends for spring
Source: Inman --- If you’re staging luxury properties for sale this season, then I have a challenge for you. Rather than viewing it as an obligation, see it as an opportunity to be your most creative, inspired, and visionary self as you help your sellers wow...
CONSIDERATIONS WHEN YOU SELL A HOME WITH SOLAR PANELS
Source: Realty Biz News --- Fitting solar panels is an eco-friendly option if you want to save on your energy bills. A 30% tax credit is available to homeowners to make this easier. As well as these advantages, a solar power system has the potential to increase the...
Summit County’s housing market continues to see transactions slow down as prices remain high
Source: Summit Daily --- The number of homes sold in Summit County is continuing to decrease each month, a trend that has held since last year. But home prices are remaining record high, according to February real estate data. The findings come as brokers have...
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