NYC Mayor Mamdani Proposes 9.5% Property Tax Increase Without New Wealth Tax
Explore potential impacts of a proposed 9.5% property tax increase in NYC, as Mayor Mamdani calls for a new wealth tax in state discussions.
Bank capital relief may not swiftly alter mortgage market dynamics.
Changes in how banks manage mortgage assets, as highlighted by Federal Reserve Vice Chair Michelle Bowman, could influence the mortgage market dynamics, analysts warn.
Survey Reveals 85% of Homeowners Experienced Unforeseen Repair Costs
Many homeowners face unplanned repairs, highlighting a potential opportunity for private lenders to provide targeted financing solutions. Explore the findings.
Proposed Kentucky Legislation to Freeze Property Taxes for Senior Homeowners
Senate Bill 51 aims to freeze the assessed value of seniors' primary residences, offering protection against increasing property tax liabilities for homeowners.
CoStar Group Reduces Workforce During AI Implementation and Homes.com Shift
CoStar Group streamlines its workforce, leveraging AI efficiencies while reaffirming dedication to Homes.com amid investor challenges in the real estate sector.
December Sees Increase in Single-Family Housing Starts
"Discover insights into housing unit trends, with a slight decline in starts impacting private lenders and market projections for future opportunities."
AI Usage Among Real Estate Agents Surges to 82%, According to RPR Report.
Many agents utilize AI for writing and marketing, but there's a demand for enhanced training and concerns about the accuracy of AI-generated content.
Concierge Program Provides Upfront Prep Funds for Christie’s Sellers
@properties Concierge allows sellers to access up to $50,000 for home preparation, deferring payments until closing or after 12 months, enhancing sale potential.
Florida Led the January List of the Most Expensive Home Sales
Discover the luxury real estate market with the latest on Florida's most expensive home sales, featuring properties exceeding $29 million.
California Home Sales and Prices Declined Significantly in January
California’s median home price has dropped to a 23-month low, impacting market dynamics. Explore the implications for private lenders and investors.