U.S. Housing Market
Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
“This is something no elected official wants to do, but it is the responsible thing to do,” Councilor Barbara Warwick said in a statement. Continue Reading Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
Texas Lt. Gov. Patrick at Odds with Gov. Abbott Over Property Tax Reform
Property tax reform is a key plank in Abbott’s 2026 re-election campaign. Continue Reading Texas Lt. Gov. Patrick at Odds with Gov. Abbott Over Property Tax Reform
Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages
“This launch underscores our commitment to supporting the non-QM ecosystem,” said Tom Hutchens, president of Angel Oak Mortgage Solutions. Continue Reading Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages
Mortgage Rates Go Into Decline
The 30-year fixed-rate mortgage averaged 6.30% as of Oct. 9. Continue Reading Mortgage Rates Go Into Decline
St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
During the five years analyzed by the report, Black homebuyers purchased homes that are 40% to 58% lower in price than those of non-Black buyers. Continue Reading St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
Tech Trends: Building Partnerships, Expanding Data Resources
A quartet of tech solutions introduced this week are in the Tech Trends spotlight. Continue Reading Tech Trends: Building Partnerships, Expanding Data Resources
Mortgage Application Activity Continues to Drag
The Market Composite Index was down by 5.2% on a seasonally adjusted basis. Continue Reading Mortgage Application Activity Continues to Drag
Detroit’s Largest Residence Goes to Auction After a Year on the Market
Bishop Mansion encompassed 12 bedrooms, 11 bathrooms and multiple fireplaces. Continue Reading Detroit’s Largest Residence Goes to Auction After a Year on the Market
NY Archdiocese Plans Sale of Vacant Lot for Affordable Housing Complex
The archdiocese owned the property for more than 50 years. Continue Reading NY Archdiocese Plans Sale of Vacant Lot for Affordable Housing Complex
CoreLogic: Home Price Appreciation is Cooling
Looking ahead to next year, CoreLogic’s forecast predicted annual home price gains relaxing to 3.4% in April 2025. Continue Reading CoreLogic: Home Price Appreciation is Cooling
Frontdoor Acquires 2-10 Home Buyers Warranty for $585 Million
Approximately one in five new homes built in the U.S. are covered by a 2-10 new home structural warranty. Continue Reading Frontdoor Acquires 2-10 Home Buyers Warranty for $585 Million
Ohio GOP Lawmakers Offer Property Tax Cap as Constitutional Amendment
“Our property tax system is a broken system in the state of Ohio and property taxpayers must be protected,” said Rep. Scott Wiggam. Continue Reading Ohio GOP Lawmakers Offer Property Tax Cap as Constitutional Amendment
Massachusetts Lawmakers Drop Governor’s ‘Mansion Tax’ Proposal from Budget Bill
“I’m just glad to know that it’s out,” said Gov. Healey. Continue Reading Massachusetts Lawmakers Drop Governor’s ‘Mansion Tax’ Proposal from Budget Bill
Survey: 91% of Gen Zers Cite Housing Affordability as Top Election Year Issue
A new survey from Redfin (NASDAQ:RDFN) found more than nine in 10 (91%) adult Gen Zers declaring that housing affordability is their top issue in this year’s presidential election. Gen Zers rated housing affordability as a more important factor in their vote than any...
NYC Reopens Section 8 Housing Wait List After 15-Year Closure
“Addressing our city’s housing crisis means using every tool our city has,” said Mayor Eric Adams. Continue Reading NYC Reopens Section 8 Housing Wait List After 15-Year Closure
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