U.S. Housing Market
Property Tax on Average Single-Family Home Increased 3% in 2025
Last year, $396.8 billion in property taxes were levied on more than 89.6 million single-family homes. Continue Reading Property Tax on Average Single-Family Home Increased 3% in 2025
Ground Broken on New Affordable Housing Development in Columbus, Ohio
Construction on Landmark on Scioto is underway, and the community is expected to begin leasing this summer. Continue Reading Ground Broken on New Affordable Housing Development in Columbus, Ohio
Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections
Judge David Jones said he was “satisfied” with Summit’s plan to mitigate the more than 6,500 housing code violations in Pinnacle’s portfolio. Continue Reading Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections
New Bipartisan Senate Bill Seeks to Fuel Housing Construction Near Transportation Hubs
The Build Housing, Unlock Benefits and Services (HUBS) Act is from Sens. John Curtis (R-UT) and Lisa Blunt Rochester (D-DE). Continue Reading New Bipartisan Senate Bill Seeks to Fuel Housing Construction Near Transportation Hubs
Toll Brothers Begins Home Sales at New Jacksonville Community
Homes are priced from the mid-$500,000s. Continue Reading Toll Brothers Begins Home Sales at New Jacksonville Community
HUD Accuses Luxury Condo Complex in Puerto Rico of Lacking Proper Accessibility
“It is unacceptable to deny residents equal use and enjoyment of their homes because of their disability,” said HUD’s Demetria L. McCain. Continue Reading HUD Accuses Luxury Condo Complex in Puerto Rico of Lacking Proper Accessibility
Rocket Mortgage Unveils AI-Driven Rocket Logic Platform
The platform combines insights from more than 10 petabytes of proprietary data and 50 million annual call transcripts with deep learning and generative AI systems. Continue Reading Rocket Mortgage Unveils AI-Driven Rocket Logic Platform
Welker Properties Launches Investor Vehicle for Off-Market Homes
Prophet Homes plans to expand across Texas and the Sunbelt states later in 2024. Continue Reading Welker Properties Launches Investor Vehicle for Off-Market Homes
A Phil Hall Op-Ed: Should Biden Erase Mortgage Debt Along with Student Loan Debt?
When you have a strong economy where people have extra dollars in their pockets, you don’t need political stunts of reducing or removing debt. Continue Reading A Phil Hall Op-Ed: Should Biden Erase Mortgage Debt Along with Student Loan Debt?
Sen. Fetterman: ‘Squatters Have No Rights’
“I am not woke,” said the Pennsylvania Democrat. Continue Reading Sen. Fetterman: ‘Squatters Have No Rights’
Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates
“Some households appear to be moving past the hurdle of last year’s sharp jump in rates,” said Fannie Mae’s Doug Duncan. Continue Reading Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates
Rupert Murdoch Slashes Price on NYC Triplex Penthouse
Murdoch first listed the penthouse in 2022 for $62 million. Continue Reading Rupert Murdoch Slashes Price on NYC Triplex Penthouse
Hits and Misses for the Real Estate Week of April 1-5
In the spotlight: A bizarre attack on a major mortgage company, an about-face by the Federal Reserve and a luxury retailer is coming to San Francisco. Continue Reading Hits and Misses for the Real Estate Week of April 1-5
Minneapolis Brokerage Opens First Office in Florida
“A number of our agents who winter in Florida or spend significant time there asked for this expansion,” said CEO Greg Mason. Continue Reading Minneapolis Brokerage Opens First Office in Florida
‘Zillow Gone Wild’ to Have HGTV and Max Premiere on May 3
“I’m on a mission to find out the story behind America’s strangest and most extraordinary homes,” said host Jack McBrayer. Continue Reading ‘Zillow Gone Wild’ to Have HGTV and Max Premiere on May 3
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