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Banning property taxes in Florida gains traction among lawmakers

As high property taxes continue to be a source of financial strain for homeowners, a proposal floated last month by Florida Gov. Ron DeSantis (R) to ban property taxes in the state appears to be gaining traction, according to a new report in the Wall Street Journal. The plan, while popular, is not without risk to the state’s revenue system, since a removal of property taxes would make the state far...

NAR’s existing-home sales forecast for 2025 gets a haircut

The National Association of Realtors (NAR) was one of the more bullish forecasters of the 2025 housing market, but the trade group has revised its outlook. In its quarterly NAR Real Estate Forecast Summit Update, economists Lawrence Yun and Nadia Evangelou said they now expect existing-home sales to rise by 6% relative to 2024 and finish at 4.3 million in 2025. New-home sales are forecast to rise...

Alabama law: Buyers don’t have to sign contract before home tours

Alabama governor Kay Ivey has signed into law a bill that ensures homebuyers only have to sign a buyer brokerage agreement prior to submitting an offer on a property and not before touring a home with an agent.  Ivey signed the bill into law on Tuesday after it passed the state Senate earlier this month. The bill was first introduced in early February when it was sponsored in the Alabama House of...

These luxury NYC condo buildings all have stellar playrooms and kid-friendly amenities

These play spaces are no child’s play. In one of the cutest design trends to catch our eyes lately, high-end condo buildings across New York City are creating design-forward spaces and amenities to appeal to their youngest residents — and to attract luxury buyers who prioritize family-friendly amenities, without compromising on aesthetics. New developments and building conversions alike have...

Stylish 2-bedroom loft in SoHo has curved honeycomb skylights

On one of the most coveted blocks in SoHo, a 2-bedroom residence inside a boutique condo building is up for grabs. But it’s far from your cookie-cutter city pad! Featuring exposed brick walls, double-height ceilings, and striking curved honeycomb skylights, it’s hands down one of the coolest lofts we’ve seen lately. Listed for $2,395,000 with Douglas Elliman’s Frances Katzen, the distinct...

Mortgage Rates Uptick in Mid-March, Ending 9-Week Decline in U.S.

U.S. mortgage demand declined last week following the first rise in mortgage rates in nine weeks. According to the Mortgage Bankers Association's seasonally adjusted index, total mortgage application volume fell by 6.2% compared to the previous week. The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) increased to 6.72% from 6.67%, while points,...

FOA appoints new board members, including former US senator

One of the nation’s leading reverse mortgage lenders, Finance of America (FOA), on Thursday announced the appointment of two new members to its board of directors — including a former U.S. senator. Andrew Essex Andrew Essex, whom the company describes as a leader in marketing and brand strategy, formerly served as CEO of advertising agency Droga5. The company aims to leverage his expertise in...

Top execs at Freddie Mac, FHFA fired: report

The top executives at Freddie Mac, along with a top HR official at the Federal Housing Finance Agency (FHFA), were fired today, according to a report on SEMAFOR. The publication reported that Freddie Mac’s CEO, COO and head of HR plus the FHFA’s COO and head of HR were all fired on Thursday. The news was first reported by Semafor reporter Eleanor Mueller on social media platform X as well as in...

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