U.S. Housing Market
The State with the Highest Property Tax Is…
Homeowners in West Virginia paid the lowest average total real estate taxes at $1,044. Continue Reading The State with the Highest Property Tax Is…
Vermont Homeowners Face 12% Property Tax Hike
If the latest tax hike goes into effect, homeowners in the Green Mountain State will have shouldered a 41% rise in property taxes over the past five years. Continue Reading Vermont Homeowners Face 12% Property Tax Hike
NYC Panel Approves Hike on Rent-Stabilized Apartments of Up to 4.5%
The rent hikes exceeded the levels sought by Mayor Eric Adams. Continue Reading NYC Panel Approves Hike on Rent-Stabilized Apartments of Up to 4.5%
Florida Gov. DeSantis Vetoes Bill for $1 Million Study on Ending Property Tax
“We know what needs to be done, so let’s just do it,” said DeSantis. “And we will do it.” Continue Reading Florida Gov. DeSantis Vetoes Bill for $1 Million Study on Ending Property Tax
Socialist NYC Mayoral Candidate Mamdani Seeks Property Tax Hikes in ‘Richer and Whiter Neighborhoods’
He claimed “I don’t think that we should have billionaires” because of perceived income inequality gaps. Continue Reading Socialist NYC Mayoral Candidate Mamdani Seeks Property Tax Hikes in ‘Richer and Whiter Neighborhoods’
New Study Finds Majority of U.S. Markets Favor Sellers
Source: DS News --- The housing market continues to change as higher mortgage rates, rising inflation and economic uncertainty have sidelined many buyers. Meanwhile, according to this month's Knock Buyer-Seller Market Index, sellers have the upper hand remaining in...
Surging interest rates sucker punch homebuilders and buyers alike in metro Denver
Source: The Denver Post --- Long lead times to complete new homes have combined with rapidly rising interest rates, now at 15-year highs, to put metro Denver homebuilders and their customers in a predicament unlike any seen since the housing bust.
The major county in America where home prices just dropped the most is …
Source: Market Watch --- Home buyers have watched as home prices marched upwards for the past few years, but now many of you will finally get some relief — at least in some spots. “Home price appreciation has slowed dramatically in most markets, and there are even...
Trump properties aren’t the only ones to see wild valuations – putting a price on real estate isn’t straightforward
Source: The Conversation --- On the lower tip of Manhattan there is a prime piece of real estate, the price of which is somewhat up for debate. To the owners, the Trump Organization, 40 Wall Street is worth an eye-watering US$735 million, or at least it was in 2015....
Is October a Good Time to Buy a House?
Source: The Motley Fool --- October is upon us, which means it's time for hayrides, pumpkin spice lattes, and Halloween decorations. But is it a good time to buy a home? It all depends on your priorities and financial situation. Here's what you need to know to help...
Office-to-housing conversions on the rise; Dajia to sell 3 US hotels for $1.3B
Source: SP Global --- Across the U.S., cities and states are planning incentives for converting offices to homes to alleviate a housing shortage and address rising office vacancies, Axios reported. The state of California is allocating $400 million of its 2023 budget...
What The Agency’s Executives Tell Real Estate Agents to Get Through a Tough Housing Market
Source: US News --- The U.S. housing market has seen a quick slowdown in 2022 with high home prices, high inflation and volatile interest rates. Many buyers are opting out of making a purchase with low affordability, and would-be sellers prefer to stay where they are...
Real Estate Debt Becoming An Attractive Investment As Stocks Fall And Mortgage Rates Climb
Source: Yahoo Finance --- The housing market and all of the uncertainty plaguing it is undoubtedly on the minds of prospective buyers, sellers and investors. As the Federal Reserve continues to try to curb inflation through the increase in rates, its been indirectly...
Review of all things Real Estate: 2022 fall housing market predictions
Source: Village News --- After a tumultuous summer for real estate, autumn is here. As of mid-September, the benchmark 30-year fixed-rate mortgage average is hovering a bit above 6% and skyrocketing home prices are finally starting to drop, slowly, (references below)....
The Best Real Estate Returns Come After Recessions
Source: Institutional Investor --- Amid a slow down in the economy, higher financing costs, and mounting fears of a recession, real estate values are fast declining. But the downturn is an opportunity for investors who stick with their real estate holdings — or invest...
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 24-28- The Mortgage Market Is Healthy. That Doesn’t Mean Every Homeowner Is
- There Isn’t One U.S. Housing Market. We Need to Stop Talking Like The…
- Real Estate’s Next Fight Is Over Who Keeps the Homeowner Relationship
- More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the Hous…
