USA Property

USA Property

Is the housing crisis finally nearing its end?

Despite tentative signs of improvement, the US real estate market remains trapped in a familiar dilemma: high prices and dissuasive interest rates. The latest data published on home sales, house prices and loan applications confirm one fact: activity is stabilizing, but at a historically low level, with little chance of a real recovery without a marked easing in mortgage rates.A deceptive improvement in existing home salesIn May, sales of existing homes rose by 0.8% month-on-month, reaching an annualized rate of 4.03 million transactions, according to the National Association of Realtors...
USA Property

United States Antimony Announces Critical Mineral Acquisition Fostung Tungsten Property Ontario, Canada

"The Critical Minerals and ZEO Company" DALLAS, TX / ACCESS Newswire / June 27, 2025 / United States Antimony Corporation ("USAC," "US Antimony," the "Company"), (NYSE American:UAMY), announced today that it has completed an acquisition of 100% of the ownership interest of the Fostung Properties which cover fifty (50) single-cell mining claims or 1,114 hectares located approximately 70 kilometers west-southwest of Sudbury, Ontario, Canada, near the town of Espanola. The total purchase price of the tungsten properties was $5 Million in cash in addition to a ½ of 1% (0.005)...
USA Property

Personal auto drives major recovery in US P&C underwriting for 2024: AM Best

The US property and casualty (P&C) insurance sector experienced a significant recovery in 2024, according to AM Best, the credit rating agency. In its latest report, AM Best highlights a $31 billion improvement in the personal auto line of business, which helped push the industry to a $22 billion net underwriting gain—reversing a $23 billion loss from 2023. These findings are presented in AM Best’s newly released Best’s Special Report, titled “2024 P&C Snapshot: Personal Lines Results Propel Turnaround in Underwriting Performance; Premiums Exceed $1 Trillion.” The analysis is based...
USA Property

Florida insurance execs’ pay of $50M raises worry about firms failing

Amid reports about eye-popping insurance executive pay and undercapitalized new insurance companies, leaders of the state-run insurer are raising an alarm about the potential of a new cycle of insurers going under — again.The Citizens Property Insurance Corp. met June 25, shortly after revelations that two executives of the 3-year-old, Tampa-based Slide Insurance — one of the companies now collecting premiums from former Citizens’ policyholders — were paid $50 million in their first two full years running the business.'Grotesque': Husband-wife insurance execs earn more than $50 million in 2 yearsCharles...
USA Property

New ethics filing shows where President Trump’s wealth comes from : NPR

President Trump speaks to reporters in the Oval Office of the White House on May 30. Kevin Dietsch/Getty Images hide caption toggle caption Kevin Dietsch/Getty Images President Trump reported income of more than $630 million last year, including $57 million from cryptocurrency sales and more than $8 million licensing his name for products like watches, guitars and Bibles. According to a 234-page financial disclosure released earlier this month on June 13, the billionaire president has assets of more than $1.6 billion across his business empire that includes real estate, hotels...
USA Property

Personal Lines Results Propel Turnaround in US Property/Casualty Industry’s 2024 Underwriting Performance

OLDWICK, N.J., June 26, 2025--(BUSINESS WIRE)--Underwriting results in the U.S. property/casualty (P/C) industry were led by a $31 billion turnaround in the personal auto line of business, with the entire P/C industry ending the year with a net underwriting gain of $22 billion, compared with a $23 billion loss in 2023, according to a new AM Best report. The 2024 financial results on each individual line of P/C business, along with corresponding analysis, are detailed in a new Best’s Special Report, titled, "2024 P/C Snapshot: Personal Lines Results Propel Turnaround...
USA Property

Jason Mitchell takes the crown as #1 real estate broker in the USA

Jason Mitchell Group (JMG) officially earned the ranking as America’s #1 real estate team for both transactions and volume on Real Trends’ List for the Top Ranking Mega Teams in 2024 on June 6th, 2025. JMG, located in 42 states, finished 2024 with approximately 820 agents nationwide — now over 1000 — with 10,279 closings and $5.1 billion in transaction volume. Their year-over-year transaction growth came in at around 23%.  From an earnings perspective, JMG posted a solid 18% year-over-year net revenue increase.  Top line revenue exceeded $129,000,000, while company...
USA Property

Brazilian Barons Plan to Pour $1B Into US Real Estate

One of the wealthiest families in Brazil has plans to bulk up its U.S. real estate holdings.Votorantim SA, a holding company controlled by the Ermirio de Moraes family, is looking to accumulate nearly $1 billion in real estate assets in the United States in the next five years, Bloomberg reported. The company’s property arm, Altre Empreendimentos e Investimentos Imobiliarios SA, has already invested $200 million in equity and loans.Altre’s holdings are spread across the United States and Brazil, with the U.S. representing 20 percent of its portfolio. Within the U.S.,...
USA Property

Justice Department orders Greystar to pay over $1.4m for illegal fees on US servicemembers

CHARLESTON, S.C. (WCIV) — Charleston-based Greystar Real Estate Partners, the largest property management company in the country, has been ordered to pay over $1.4 million to US military servicemembers after the Justice Department found it had imposed illegal fees on individuals who terminated their leases after receiving military relocation orders. The DOJ alleged that Greystar used a software it knew would automatically charge early termination fees on servicemembers protected under the Servicemembers Civil Relief Act. The company will pay out triple damages to effected military members and their co-tenants, tallying...
USA Property

How much money will I get from Stay NJ property tax break? Use our calculator to find out.

Homeowners are awaiting the launch of the state’s first year of the Stay NJ property tax benefit. The new tax break cuts property tax bills by 50%, to a maximum of $6,500, for senior citizen homeowners and those who receive Social Security Disability payments and meet other eligibility requirements.For the first time, there’s a new, combined application for all the state’s property tax benefits — ANCHOR, Senior Freeze and Stay NJ. A separate ANCHOR application for renters and for homeowners under age 65 will be released sometime this summer. The...
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