U.S. Housing Market
Michigan Gov. Whitmer Proposes 10% Reduction in Property Taxes for Seniors
The governor’s office added the proposal is Michigan’s largest property tax break in over a decade. Continue Reading Michigan Gov. Whitmer Proposes 10% Reduction in Property Taxes for Seniors
Foreclosure Activity Rises Annually for Eleventh Straight Month
Across the nation, one in every 3,547 housing units had a foreclosure filing in January. Continue Reading Foreclosure Activity Rises Annually for Eleventh Straight Month
Place Your Bets! Polymarket Teams with Parcl on Real Estate Prediction Markets
The endeavor will initially aim at major US housing markets, focusing on index movement across defined periods. Continue Reading Place Your Bets! Polymarket Teams with Parcl on Real Estate Prediction Markets
Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal
The 10,742-square-foot property was built 1958 and was acquired by Ellison around 1988 for $3.9 million. Continue Reading Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal
Coastal Florida and LA Metro Area Top List of 2025’s Most Expensive Home Sales
2200 Gordon Dr. in Naples, Florida, was the most expensive home sale of the year at $133 million. Continue Reading Coastal Florida and LA Metro Area Top List of 2025’s Most Expensive Home Sales
JP Morgan Real Estate Income Trust Acquires 2 Southeastern Residential Assets
The transactions mark JPMREIT’s fifth and sixth investments in the residential sector. Continue Reading JP Morgan Real Estate Income Trust Acquires 2 Southeastern Residential Assets
Greystar Begins Construction on Virginia Multifamily/Build-for-Rent Community
The first units are slated to be ready in the second quarter of 2026. Continue Reading Greystar Begins Construction on Virginia Multifamily/Build-for-Rent Community
Pending Home Sales Up by 2% in February
“Despite the modest monthly increase, contract signings remain well below normal historical levels,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Up by 2% in February
Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants
“There will be no more illegal aliens getting HUD-backed home loans,” said Secretary Turner. Continue Reading Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants
Homeownership Expenses Consume One-Third of National Average Wage
Nationwide, the typical $2,021 cost of mortgage payments, homeowner insurance, mortgage insurance and property taxes is down 0.7% quarterly. Continue Reading Homeownership Expenses Consume One-Third of National Average Wage
Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law
The bill passed unanimously in both houses of the legislature. Continue Reading Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law
Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
MV Realty is permanently banned from doing business in Minnesota. Continue Reading Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
Maine Home Sales up 6.51%
A total of 753 home sales were closed in Maine last month, a 6.51% increase from the 707 sales transacted in February 2024. According to data from the Main Association of Realtors, the statewide median sales price for those sales was $381,500, a 9% jump from the...
Kolter Homes Unveils New 55+ Community in Florida
The community will feature over 800 homes. Continue Reading Kolter Homes Unveils New 55+ Community in Florida
Sluggish Refinance Activity Drives Down Mortgage Application Levels
The Refinance Index decreased 5% from the previous week, although it was 63% higher than the same week one year ago. Continue Reading Sluggish Refinance Activity Drives Down Mortgage Application Levels
