U.S. Housing Market Updates
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Boston Mayor Says Residential Property Taxes Rising 13% in 2026
More than 70% of Boston’s $4.6 billion budget comes from property taxes, primarily from commercial real estate. Continue Reading Boston Mayor Says Residential Property Taxes Rising 13% in 2026
$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
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Wolf Valley Homes Launches Program to Encourage Homeownership for Veterans
“Many of our nation’s heroes struggle to find housing options that fit both their needs and budgets,” said Waldon Fenster, a representative of Wolf Valley Homes. Continue Reading Wolf Valley Homes Launches Program to Encourage Homeownership for Veterans
New Jersey Lawmaker Seeks Statewide Property Title Fraud Alerts
“Our biggest investment, for most of us in life, is our home,” said State Sen. Robert Singer. Continue Reading New Jersey Lawmaker Seeks Statewide Property Title Fraud Alerts
Preservation of Affordable Housing to Start First Development in Maine
The Maine State Housing Authority is providing 4% Low Income Housing Tax Credits, along with low-cost construction and permanent loans. Continue Reading Preservation of Affordable Housing to Start First Development in Maine
Las Vegas Home Sales Decline Amid Wider Listings
The median price for existing single-family homes in this market was $480,000, unchanged from one year earlier. Continue Reading Las Vegas Home Sales Decline Amid Wider Listings
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.85% as of June 5, down from last week when it averaged 6.89%. Continue Reading Mortgage Rates in Mild Decline
Wyoming Lawmakers Consider Abolishing Property Taxes
Sen. Bob Ide, a Republican, advocated for the ending of all property taxes – residential, commercial, industrial and personal. Continue Reading Wyoming Lawmakers Consider Abolishing Property Taxes
Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
19.1% of listings featured reduced prices, the highest share for any May since at least 2016. Continue Reading Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
Report: Fewer Home Purchase Loans During Q1
ATTOM found the total dollar value of loans was down by 18% to $478 billion. Continue Reading Report: Fewer Home Purchase Loans During Q1
Reynolds Asset Management Acquires 2 Cleveland Multifamily Communities for $30.6 Million
Park Lamont and The Lumos were completed in 2024. Continue Reading Reynolds Asset Management Acquires 2 Cleveland Multifamily Communities for $30.6 Million
Elevate Community, a Missouri Tiny Home Development, Receives First Residences
The new development recently marked the arrival of the first six tiny homes and more than $5 million in public and private funding to start construction. Continue Reading Elevate Community, a Missouri Tiny Home Development, Receives First Residences
Beeline Launches Stablecoin-Backed Home Equity Product
Beta transactions starting this month and an official rollout is scheduled for late July. Continue Reading Beeline Launches Stablecoin-Backed Home Equity Product
New Bill Would Eliminate Property Taxes for Maine’s Seniors
Property tax rates in Maine average 1.17%, above the national average of 0.9%. Continue Reading New Bill Would Eliminate Property Taxes for Maine’s Seniors
Report: More Millionaires Are Favoring Rental Housing Over Homeownership
Southern metro areas have seen the most significant growth in wealthy renters. Continue Reading Report: More Millionaires Are Favoring Rental Housing Over Homeownership
