USA Property

Corrections & Clarifications: The story has been updated throughout to include, correct and clarify nuances of the industry and to correct an error. The National Association of Realtors location was misstated in an earlier version of the story. NAR is based in Chicago.A new policy clarifying how homeowners may list their properties for sale may instead sow confusion and friction in the housing market just months after an earlier set of rule changes went into effect, adding an additional layer of complexity for buyers and sellers.The new policy, called “Multiple...

A confrontation broke out at the University of California, Davis on Thursday, where a conservative student group says they were attacked by masked demonstrators ahead of a scheduled event. The incident occurred during a “Prove me Wrong” session hosted by Turning Point USA at the Memorial Union Quad. The event, which featured guest speaker Brandon Tatum — a former police officer and well-known YouTube personality — took place as planned despite the disruption. According to Turning Point USA founder Charlie Kirk, the altercation involved physical attacks on staff and the...

A Florida woman has been arrested and charged after allegedly holding two teenagers at gunpoint for fishing near her backyard, according to police.Donna Elkins, 59, called 911 to notify dispatch that two boys were in her backyard fishing, according to an arrest report. She told deputies she walked into the backyard with a pellet gun in an attempt to scare them, the report states.The two boys were 15 and 13 years old.Sister station WESH spoke with the 15-year-old, Brayden, by phone Tuesday."We turned around, and she was holding a rifle...

Video: Driver hits gate arm on bridge to Palm BeachA woman in a black Mercedes Benz SUV smashed into the gate arm in the eastbound lanes of the Flagler Memorial Bridge to Palm Beach on March 18, 2025.If Palm Beach does not acquire the easements needed for the Midtown Beach Nourishment project by July 31, that project will be delayed until 2027, town staff said during the March 27 meeting.Public Works Director Paul Brazil said if the private owners' refusal could put the 50-year beach management agreement between the town...

Nonprofit hospital chains are buying up billions of dollars’ worth of real estate around the country, milking them for income while using their charity status to avoid paying property taxes that fund schools, emergency departments, and other community services. Using their taxpayer-subsidized fortunes, some hospitals are trying to influence local elections in which their profits could be at stake — including a new effort to unseat a progressive mayor who’s cracking down on a hospital giant’s tax-exempt real estate empire. Nonprofit hospitals are exempt from paying most federal, state, and local taxes in...

As reinsurance capital continues to grow and keep pace with increasing demand from buyers, broking group Aon’s Reinsurance Solutions arm expects more than $7.5 billion of additional US property catastrophe limit demand at the mid-year renewals. The June and July reinsurance renewals are key for the US property cat market, and despite an active first quarter for catastrophe losses, driven by the extremely costly California wildfires, Aon expects the conditions seen at the 1.1 and 1.4 renewals to persist, “supported by the weight of reinsurance capacity and unfulfilled reinsurer appetite.”...

ASX-listed homebuilder AVJennings has agreed to a $365-million takeover from US real estate investment manager Proprium Capital Partners.The agreement ends a months-long bidding contest that included Singapore-listed developer Ho Bee Land.The Melbourne-based company, which has a 90-year history in Australian residential development, will be acquired for 65.5¢ a share through Proprium’s local arm, Avid Property Group.The price is a 98.5 per cent premium to AVJennings’ share price before initial takeover discussions began in November.Proprium’s successful bid comes after Ho Bee Land failed to follow through with a binding proposal on...

1 of 2 | Homes and structures were damaged after a tornado touched down near Potosi, Missouri, on Wednesday. Photo courtesy Missouri State Highway Patrol Troop C April 2 (UPI) -- Tornadoes on Wednesday struck the central United States, including damaging property in Missouri, Arkansas, Kentucky, Indiana and Oklahoma, with torrential rain spurring flash flooding. Tornado watches affecting 17 million people were in effect for Arkansas, Illinois, Indiana, Kentucky, Missouri, Mississippi and Tennessee until at least midnight CDT, CNN reported. In a watch, forecasters have high confidence of large, destructive...

DeSantis wants repeal of red flag laws and supports open carryDeSantis wants repeal of red flag laws and other restrictions on Second Amendment RightsFlorida Governor Ron DeSantis has proposed a plan to eliminate the state's portion of property taxes for homeowners.DeSantis argues that tourists and non-residents should bear a larger share of the tax burden.The Florida Legislature is currently in session and must reach an agreement on the state budget before adjourning on May 2.Could Florida property taxes be a thing of the past soon? Gov. Ron DeSantis thinks so.At...

Gov. Larry Rhoden speaks to the media after taking the oath of office on Jan. 27, 2025, at the South Dakota Capitol in Pierre. (David Bordewyk/South Dakota NewsMedia Association) By: Joshua HaiarPIERRE, S.D. (South Dakota Searchlight) — South Dakota Republican Gov. Larry Rhoden unveiled a proposal Monday that would give counties the option to implement a half-percent sales tax to fund property tax reductions for homeowners.Rhoden said the plan could save hundreds of dollars annually for typical homeowners in some areas. Counties that opt-in to the plan would shift some...