U.S. Housing Market
Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
To fill in the deficit, some proposals being considered include a $20 to $30 increase on property taxes. Continue Reading Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
Maine Home Values Increased in February While Sales Declined
February’s home sales across the Northeast were down 4.1% year-over-year while the median sales price rose by 3.3% to $479,800. Continue Reading Maine Home Values Increased in February While Sales Declined
NYC Mayor Mamdani to Host ‘Rental Rip-Off’ Hearings
The dates and locations for the hearings have yet to be scheduled. Continue Reading NYC Mayor Mamdani to Host ‘Rental Rip-Off’ Hearings
Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
The HUD Secretary on a roll, pending home sales on the rise, and Warren Buffett calls it a day. Continue Reading Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
Maryland to See Average Increase of 12.7% on Property Tax Assessments
All 23 counties and Baltimore City will see increases in property values. Continue Reading Maryland to See Average Increase of 12.7% on Property Tax Assessments
Sean Hannity Lists Long Island Mansion for $13.75 Million
Hannity acquired the property through a limited liability company in 2008 for $8.5 million. Continue Reading Sean Hannity Lists Long Island Mansion for $13.75 Million
Lennar Opens Stoneriver Community in Suburban Raleigh
Pricing at Stoneriver begins in the mid $400,000s for single-family homes. Continue Reading Lennar Opens Stoneriver Community in Suburban Raleigh
Mortgage Rates Soar for Fifth Consecutive Week
The 30-year fixed-rate mortgage averaged 7.22% as of May 2. Continue Reading Mortgage Rates Soar for Fifth Consecutive Week
The Best Month and Day to Sell a Home Is…
The greatest seller premiums were generated in May, February and April. Continue Reading The Best Month and Day to Sell a Home Is…
New Data, Old Story: Home Prices Keep Going Up
Realtor.com also noted that the median list price increased from $424,900 to $430,000 between March and April. Continue Reading New Data, Old Story: Home Prices Keep Going Up
Florida Home Becomes TikTok Sensation Over Dungeon-Style Basement
The house was built in 1958, which led to online speculation that it could have been a Cold War-era fallout shelter. Continue Reading Florida Home Becomes TikTok Sensation Over Dungeon-Style Basement
FHFA and HUD Announce New Reconsideration of Value Policies
FHFA Director Sandra L. Thompson said the policies will “help ensure that consumers are treated fairly.” Continue Reading FHFA and HUD Announce New Reconsideration of Value Policies
New 1 Million SF Development Planned for Brooklyn Waterfront
Serhant Real Estate has been contracted to market the condos. Continue Reading New 1 Million SF Development Planned for Brooklyn Waterfront
Realtex Debuts Seed Fund Aimed at Multifamily Opportunities
The fund will focus on acquiring and enhancing multifamily properties ranging from 20 to 50 units. Continue Reading Realtex Debuts Seed Fund Aimed at Multifamily Opportunities
Mortgage Demand Slumps Again
The Refinance Index was down by 3% from the previous week and was down 1% lower than the same week one year ago. Continue Reading Mortgage Demand Slumps Again
