U.S. Housing Market
Pittsburgh City Council Approves 20% Property Tax Hike
Mayor Ed Gainey has 10 days to decide whether to accept or veto the spending plan. Continue Reading Pittsburgh City Council Approves 20% Property Tax Hike
Florida Announces Final Judgment Against MV Realty’s Homeowner Scam
“MV Realty scammed thousands of Florida homeowners, and now justice has prevailed,” said Attorney General James Uthmeier. Continue Reading Florida Announces Final Judgment Against MV Realty’s Homeowner Scam
Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
The proposal will be discussed at the City Council’s next meeting on Oct. 29. Continue Reading Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
New Data Reports Find Easing in Home Prices
“New York again led all metros with a 6.1% annual gain, followed by Chicago at 5.9% and Cleveland at 4.7%,” said Nicholas Godec of S&P Dow Jones Indices. Continue Reading New Data Reports Find Easing in Home Prices
Maine Home Sales Rise as Prices Ease
The median sales price during September was $402,500, a 1.35% decrease from the $408,000 price recorded in September 2024. Continue Reading Maine Home Sales Rise as Prices Ease
Rents Decline in All Bedroom Counts for First Time in 4 Years
The overall rental vacancy rate has remained at 6.6% for four consecutive quarters. Continue Reading Rents Decline in All Bedroom Counts for First Time in 4 Years
HUD Launches New Initiatives to Expand Affordable Housing
HUD launched a $250 million “Legacy Challenge” for transformative housing investments through the Section 108 Loan Guarantee. Continue Reading HUD Launches New Initiatives to Expand Affordable Housing
Nearly 90% of Metro Areas Recorded Q2 Home Price Gains
On the flip side, nearly 10% of markets experienced home price declines in the second quarter. Continue Reading Nearly 90% of Metro Areas Recorded Q2 Home Price Gains
California Bill Would Mandate Time Limit on Homebuyer Agent Contracts
Currently, 19 states require buyer representation agreements. Continue Reading California Bill Would Mandate Time Limit on Homebuyer Agent Contracts
A Phil Hall Op-Ed: Why Did the CFPB Slam the Residential Solar Lender Sector?
Alas, the concept of one-size-fits-all doesn’t fit when it comes to solar energy. Continue Reading A Phil Hall Op-Ed: Why Did the CFPB Slam the Residential Solar Lender Sector?
New Listing Activity Percolates Across Mid-Atlantic Region
Philadelphia’s number of active listings at the end of July was up 17.9% from last year. Continue Reading New Listing Activity Percolates Across Mid-Atlantic Region
Study: Most Homebuyers Find Properties That Fit Their Size Needs
NAHB Senior Economist Paul Emrath noted that “one-third of existing homes in the US. have less than 1,500 square feet of floor space.” Continue Reading Study: Most Homebuyers Find Properties That Fit Their Size Needs
Study: One-Third of Property Managers Offer Concessions on Rental Housing
The new percentage is up significantly from July 2022 when the offering of at least one concession was at a 29-month low at 19.4%. Continue Reading Study: One-Third of Property Managers Offer Concessions on Rental Housing
New Study Names Massachusetts as the Best State to Live In
Louisiana ranked 50th on the list. Continue Reading New Study Names Massachusetts as the Best State to Live In
$35 Million Listing Breaks Illinois Record
The residence last changed hands in 2002 for $9.5 million. Continue Reading $35 Million Listing Breaks Illinois Record
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