USA Property

No state has yet eliminated property taxes and in Florida they are the biggest source of dollars for 51 of 67 counties and almost half of the state’s 411 cities.With Florida lawmakers now in overtime trying to settle a state budget, the prime source of financing for many cities and counties could soon be headed for the chopping block.In whatever budget deal is decided by the Legislature, Gov. Ron DeSantis wants included some kind of commitment to rolling back property taxes – now or through a ballot question put before...

As South Carolina continues to be a hub for industrial growth, three sales were among the biggest in the nation in 2024.A $68.6 million deal in Rock Hill landed at No. 9 on the Society of Industrial and Office Realtors' Top 50 Transactions based on the sale price. A $50 million transaction in Summerville followed at No. 19, and a $25 million deal in Lugoff took the No. 47 spot.In the tricounty, Harbor Commercial represented the buyer in its $50 million purchase of the 753,222-square foot former Fruit of the Loom warehouse...

Stay informed with free updatesSimply sign up to the Climate change myFT Digest -- delivered directly to your inbox.Climate-related disasters are raising the risk of home repossessions in the US and could cause billions of dollars in annual mortgage-related credit losses over the next decade, according to a new report by a risk-modelling group.The report was released as the economic toll of the latest tornadoes that swept through Missouri and Kentucky, leaving at least 25 people dead and scores injured, was still being calculated.Uninsured damage from flooding, as well as...

William Kistler, the mysterious 26-year-old companion of the Texas real estate agent who was fatally shot after the pair allegedly brushed against a parked Mercedes, has a lengthy criminal record.According to FOX 4 Dallas, 28-year-old Ashlee Long was leaving a bar in downtown Dallas on April 5 with a group of friends, including Kistler.Dallas police said that Kistler "reached out and brushed his hand along the passenger side of a passing Mercedes as they were walking across the street." Investigators said that 34-year-old Kendrick Finch then exited the passenger side...

In the latest wave of celebrity real estate shake-ups, stars are making bold moves and setting fresh milestones. Taylor Swift and Travis Kelce are eyeing a home together while Taylor also tackles renovations at her famous beach mansion in Rhode Island, all while their relationship keeps reaching new heights. Taylor’s bestie Selena Gomez and her fiancé, Benny Blanco, celebrated their engagement by purchasing a sprawling $35 million mansion, solidifying their commitment both in love and in real estate. Gwyneth Paltrow, meanwhile, said goodbye to her longtime Los Angeles home in...

May 17—GRAND FORKS — Kelly Armstrong entered his first term as governor hoping to foster meaningful change during the 2025 session of the Legislature.That was accomplished, the first-term governor believes, with the passage of sweeping property tax reform and a ban on cellphones in schools. He pushed the former for months, including during the campaign leading up to the November election that put him in office, while the latter was a late-session decision, but important nonetheless, he said.Armstrong, a native of Dickinson, served in the Legislature from 2013 to 2018...

More Americans appear to be dreaming of Scotland — not just as visitors but as prospective homeowners, according to a UK property portal.Rightmove revealed a 19% increase in enquiries from the US about buying property in the UK since the start of 2025 compared to the same period — the highest pace since 2017. Some 28% of US enquiries have been about Scotland — an area closely associated with President Donald Trump. That's slightly more than the proportion asking about homes in London (26%).Rightmove did not reveal the number of...

Texas state Senate Bill 17, which the House passed on May 9, 2025, aims to restrict citizens of certain nations — China, Russia, Iran and North Korea — from owning property in the United States.  While the bill's language doesn't explicitly forbid all citizens of those foreign countries from owning property, it does ban foreign citizens "acting as an agent or on behalf of a designated country" from owning property. It doesn't specify what "acting as an agent or on behalf of a designated country" means but gives the state...

Manulife US Real Estate Investment Trust (MUST) posted a portfolio occupancy of 69.9 per cent on Thursday (May 15) for its first quarter ended March, down from 73.9 per cent in the previous quarter. The pure-play US office Reit manager explained that this was largely due to the expiry of leases at its Diablo property in the submarket of Tempe, Arizona.Notable leases executed over the quarter included the Phipps’ and Centerpointe’s new leases of 27,000 square feet (sq ft) and 29,000 sq ft, respectively. The Reit posted a negative rental...