Real Estate News & Insights
Pending Home Sales Up in February
“The slight gain in pending contracts appears to be driven by improved affordability conditions,” said NAR’s Lawrence Yun. Continue Reading Pending Home Sales Up in February
Canadian Home Sales Declined in February
The non-seasonally adjusted national average home price was $663,828 in February, down by a scant 0.2% from the same month last year. Continue Reading Canadian Home Sales Declined in February
Disney Files 15 Lawsuits Against ‘Excessive’ Property Tax Assessments on Florida Assets
The lawsuits claim the office of Orange County Property Appraiser Amy Mercado did not use “professionally accepted appraisal practices.” Continue Reading Disney Files 15 Lawsuits Against ‘Excessive’ Property Tax Assessments on Florida Assets
Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
Mamdani will be trading in his one-bedroom, $2,300 a month rent-stabilized apartment for the rent-free, five-bedroom mansion. Continue Reading Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
Pre-Leasing Begins on Greystar’s New Denver High-Rise Community
In addition to the residences, The Parson will feature 4,100 square feet of ground floor retail space. Continue Reading Pre-Leasing Begins on Greystar’s New Denver High-Rise Community
Report: Average Buyer’s Agent Commission Up Slightly Since New NAR Rules
The average buyer’s agent commission during the third quarter was 2.42%, up from 2.36% one year earlier, while commissions were virtually flat compared to the previous quarter. According to a new data report from Redfin, commissions are at roughly the same level they...
New York State Raises Property Tax Exemption for Seniors to 65%
Legislation S5175A/A3698A replaces the previous 50% maximum percentage of exemption local governments have been able to offer income-eligible seniors. Continue Reading New York State Raises Property Tax Exemption for Seniors to 65%
Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
Dollar General Plans to Open 450 New Stores
Dollar General said it opened 196 new stores in the third quarter. Continue Reading Dollar General Plans to Open 450 New Stores
Texas AG Paxton Sues EPIC City Developers for Securities Fraud
“The leaders behind EPIC City have engaged in a radical plot to destroy hundreds of acres of beautiful Texas land and line their own pockets,” said Paxton. Continue Reading Texas AG Paxton Sues EPIC City Developers for Securities Fraud
Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
The ban follows complaints about a rented-out residence where wild parties disrupted a neighborhood. Continue Reading Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
Recent Posts
Hits and Misses for the Real Estate Week of April 6-10- NAR in $52.2 Million Settlement of Tuccori Commissions Lawsuit
- First-Time Homebuyers Accounted for 21% of the Texas Housing Market
- Mid-Atlantic Region Records Spike in Listings
- Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Year…
