U.S. Housing Market
Florida Gov. DeSantis Signs Bill for Implementing Property Tax Relief Amendment
The new law, SB 4-F, was approved in a recent special session of the state legislature that also approved a ballot referendum for cutting property taxes statewide. Continue Reading Florida Gov. DeSantis Signs Bill for Implementing Property Tax Relief Amendment
4-Property Multifamily Portfolio in Connecticut Sells for $17.3 Million
The properties were built between 1910 and 1926 and sit on a total of 1.35 acres. Continue Reading 4-Property Multifamily Portfolio in Connecticut Sells for $17.3 Million
Florida Home Sales Activity Ratchets Up
The statewide median sales price for single-family existing homes in April was $420,000, up 1.8% from the previous year. Continue Reading Florida Home Sales Activity Ratchets Up
Groundbreaking for New 348-Unit Affordable Housing Community in Austin
Construction of Sanara is now underway with first units anticipated in April 2027. Continue Reading Groundbreaking for New 348-Unit Affordable Housing Community in Austin
Texas Attorney General Warns Localities Against Violating New Law in Raising Property Taxes
SB 1851 prohibits localities from enacting property tax increases above the no-new-revenue rate. Continue Reading Texas Attorney General Warns Localities Against Violating New Law in Raising Property Taxes
Mortgage Application Activity Up 9.4%
The Refinance Index increased 9% from the previous week and was 56% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 9.4%
FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
The FTC will send checks and PayPal payments to 960 affected consumers. Continue Reading FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
Capital One to Close Discover’s Home Equity Lending Business
The company said it “will continue to process applications that are in progress.” Continue Reading Capital One to Close Discover’s Home Equity Lending Business
Housing Inventory Expands, But Delistings Are Also on the Rise
Delistings are growing faster than active inventory at 31.5%. Continue Reading Housing Inventory Expands, But Delistings Are Also on the Rise
Gannett in Partnership to Bring Real Estate Listings Across USA Today Network
Later this summer, USA Today will also launch “Homes Across America,” a photo gallery spotlighting homes across the country in a mix of styles and price ranges. Continue Reading Gannett in Partnership to Bring Real Estate Listings Across USA Today Network
Skydan Equity Partners Debuts ‘Buy Before You Sell’ Program
“Millions of homeowners face the stress of having to sell before buying—or risk losing out on their dream home,” said James Stillo, president and CEO of Skydan Group. Continue Reading Skydan Equity Partners Debuts ‘Buy Before You Sell’ Program
Report: Fewer Canadians Seeking to Buy US Homes
Historically, Canadians have made up the largest portion of international homebuyers in the US. Continue Reading Report: Fewer Canadians Seeking to Buy US Homes
New Partnership Seeks to Educate Prospective Homebuyers
The Future Homebuyer Initiative will consist of 10 events across the country. Continue Reading New Partnership Seeks to Educate Prospective Homebuyers
Hits and Misses for the Real Estate Week of June 30-July 4
Property tax reform in Missouri, the future of Pope Leo’s childhood home, and Kim Jong Un’s beachfront resort. Continue Reading Hits and Misses for the Real Estate Week of June 30-July 4
Who Wants to Buy Jennifer Lopez and Ben Affleck’s Beverly Hills Mansion? Answer: No One
Lopez and Affleck, who married in July 2022, acquired the 38,000-square-foot estate in May 2023 for $60.8 million. Continue Reading Who Wants to Buy Jennifer Lopez and Ben Affleck’s Beverly Hills Mansion? Answer: No One
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