Property tax collections on U.S. single-family homes fell slightly in 2024 despite continued growth in home values, according to an analysis released Thursday by ATTOM. The report, based on tax data from nearly 86 million homes nationwide, found that $357.5 billion in property taxes were levied in 2024 — a 1.6% decrease from the previous year. But the average tax bill rose to $4,172, up 2.7% from...
Less than two weeks ahead of its first in-person meeting of the year, the premiere trade association for the reverse mortgage industry has announced preliminary details for both its upcoming regional meeting and its annual meeting and expo slated for later this year. The National Reverse Mortgage Lenders Association (NRMLA) announced in a member update this week that the 2025 edition of the annual event...
The White House is considering sweeping cuts to federal housing assistance programs, including the Section 8 voucher system, in a move that could leave millions of low-income families without rental support, The New York Times reported Thursday. According to the Times, President Donald Trump and administration officials have discussed the dismantling of existing aid that would be replaced with a smaller...
Reverse mortgages have a minimum age requirement that serves as a key differentiator for the product. But it also leads to questions about how much — or how little — technology tools can or should interact with the business. But things seemed to take a step forward last week when one of the leading lenders in the space, Fairway Independent Mortgage Corp., announced that it was implementing hybrid...
The housing market is facing unprecedented uncertainty and volatility headed into the spring buying season. Recent reports and data signal that the impacts are setting in. Homebuilders D.R. Horton and KB Homes held earnings calls this week, and the results aren’t great. In the first quarter of 2025, KB Homes took a $334 million loss in cash resulting from operations. Net sales orders and home sales...
Submitting a lower offer can be tempting, but is it poor etiquette? A real estate expert offers insight into when it's...
The owners of this Minnesota home — professional musicians and California transplants — were drawn to its midcentury modern architecture. According to local lore, the house was designed by a protege of Frank Lloyd Wright’s in 1954. It’s a fabulous home filled with iconic midcentury details....
Beauty, innovation, functionality, technology, and sustainability. These were the themes at the heart of the 63rd Salone del Mobile, or Milan Furniture Fair, held April 8-13. This year’s trade show welcomed 2,100 exhibitors, including many newcomers and an ever-growing international...
Image Christopher Johnston sees rise in creative deal structures, including...
Image Craig Stern of Forvis Mazars breaks down recent IRS guidance on zero-income REITs, EV charging stations, and airport terminal...
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