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Luxury Home Prices Are Rising 3-Times Faster Than Non-Luxury Prices
Pending sales of luxury homes rose 5.2% year-over-year during the same period, which marked the largest gain since December 2024. Continue Reading Luxury Home Prices Are Rising 3-Times Faster Than Non-Luxury Prices
NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied-à-Terre Tax
One- to three-family homes worth at least $5 million and co-ops and condominiums valued at $1 million or more are subject to the tax. Continue Reading NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied-à-Terre Tax
New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los Angeles
The first project will be the conversion of the former LA World Trade Center, which will be re-branded as “Sky Castle.” Continue Reading New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los Angeles
New Report Finds National Average for Mortgage Closing Costs Down by 3%
The greatest single-market shift during this period occurred in the District of Columbia, where closing costs dropped 21.1%. Continue Reading New Report Finds National Average for Mortgage Closing Costs Down by 3%
Kansas City Royals Submit Rezoning Plan for New Stadium and Entertainment District
In April, the Royals announced plans for a new $1.9 billion stadium and surrounding district. Continue Reading Kansas City Royals Submit Rezoning Plan for New Stadium and Entertainment District
Trump: Housing Bill is a ‘Big Yawn’
“It’s very bipartisan — that means the Democrats like it,” he said. Continue Reading Trump: Housing Bill is a ‘Big Yawn’
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