U.S. Housing Market
Gov. DeSantis Offers Property Tax Relief Proposal Ahead of Special Legislative Session
Under the governor’s plan, the first $250,000 of a homestead’s value is exempt from taxation and will be subject to a schedule for full elimination. Continue Reading Gov. DeSantis Offers Property Tax Relief Proposal Ahead of Special Legislative Session
New York State Passes Pied-à-Terre Tax Aimed at NYC’s Luxury Second Homes
Gov. Hochul claimed the new tax could generate as much as $500 million per year for the cash-strapped city, which is operating on a $5.4 billion deficit. Continue Reading New York State Passes Pied-à-Terre Tax Aimed at NYC’s Luxury Second Homes
Duball Previews New Apartment Community in Washington, DC
Revere is scheduled to begin pre-leasing in late 2026 with move-ins beginning in early 2027. Continue Reading Duball Previews New Apartment Community in Washington, DC
House Removes BTR Sale Provision from Senate’s Housing Bill
The revised bill now states that institutional investors do not need to sell or divest “any covered single-family home purchased before or after the date of enactment of this Act.” Continue Reading House Removes BTR Sale Provision from Senate’s Housing Bill
Mortgage Rates Dip While Delinquency Levels Rise
The 30-year fixed-rate mortgage averaged 6.36% as of May 14. Continue Reading Mortgage Rates Dip While Delinquency Levels Rise
Median Sale Price for Homes Hit Record High in 2025
Institutional investors were responsible for only 6.6% of last year’s home purchases, unchanged from one year earlier. Continue Reading Median Sale Price for Homes Hit Record High in 2025
Owners of Marilyn Monroe’s Last Home Sue LA to Overturn Historic Designation
The plaintiffs are asking the court to affirm their constitutional rights are being violated and grant them the order to proceed with their planned demolition. Continue Reading Owners of Marilyn Monroe’s Last Home Sue LA to Overturn Historic Designation
Financial Services Trade Groups Lobby White House to Lower Mortgage Costs
The trade groups called for “responsibly reducing mortgage insurance premiums.” Continue Reading Financial Services Trade Groups Lobby White House to Lower Mortgage Costs
Arrive Home Launches Down Payment Assistance Program for Manufactured Home Purchasing
New Foundations DPA provides 3.5% down payment assistance on the purchase price of a single- or double-wide manufactured home on a permanent foundation. Continue Reading Arrive Home Launches Down Payment Assistance Program for Manufactured Home Purchasing
MegPrime and Megatel Homes Debut Digital Rewards Program for Buyers and Brokers
All rewards are issued in MegPrime tokens and may be converted to US dollars through the MegPrime app. Continue Reading MegPrime and Megatel Homes Debut Digital Rewards Program for Buyers and Brokers
New Study Names Salt Lake City as the Most Neighborly US City
Redfin diplomatically refrained from pointing fingers at the least neighborly city. Continue Reading New Study Names Salt Lake City as the Most Neighborly US City
Mill Creek Residential Expands into Colorado with Build-to-Rent Community
The community will feature 162 two-, three- and four-bedroom townhomes with an average size of 1,727 square feet. Continue Reading Mill Creek Residential Expands into Colorado with Build-to-Rent Community
Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
The 5.2-acre property’s residence features 12 bedrooms and 24 bathrooms. Continue Reading Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
Mortgage Application Activity Down 8.5%
The FHA share of total applications increased to 18.6% from 15.9% the week prior. Continue Reading Mortgage Application Activity Down 8.5%
Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
The survey also found 75% of respondents stating the rising cost of housing played a role in accumulating the debt that led them to seek help. Continue Reading Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
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