USA Property

USA Property

Texas plans to spend $51 billion on property tax cuts

Joshua Fechter and Jasper Scherer, The Texas Tribune  |  Wichita Falls Times Record NewsProperty tax cuts aren’t free. In fact, they’re costing Texas a fortune.The Texas House is considering a budget that would shell out $51 billion — 15% of the state's total two-year spending plan — to maintain and provide new property tax cuts. That number, more than the state allocates to transportation or higher education, is making even some Republicans nervous about the state’s ability to afford the tax relief if there’s an economic downturn.If it were its...
USA Property

Zillow takes a stand as real estate listings become more private

Some industry participants call this the policy that the National Association of Realtors should have put out.Protect yourself from these common real estate scamsReal estate scams are on the rise. Here’s how to protect your home and your wallet from the most common cons.A battle over how homeowners list their properties for sale is shaking up the housing industry, with big implications for sellers and buyers.On April 10, the massive real estate company Zillow announced it would not accept any listings that have been previously offered for sale in a...
USA Property

Video shows woman charged with assault holding teens at gunpoint

Donna Marie Elkins, 59, was charged with assault and imprisonment after drawing a weapon on teens she said were fishing on her Florida property. The incident raised questions about property rights.Melbourne woman charged with holding teens at gunpointBrevard County Sheriff's deputies say Donna Marie Elkins, 59, drew a weapon on two teens she believed were fishing on her property.It was a sight that left Mike Jones sick to his stomach.There, live on his phone, was his son lying in the grass as a woman clutching a long pellet gun screamed,...
USA Property

6 Luxury Waterfront Homes for Sale Around the US

Picture this: It's the fourth of July and you're on your terrace with family and friends. The sun's just going down over the lake, the barbecue's still glowing and soon fireworks will light up the night sky, while glittering reflections play on the water. There may be a few sore heads tomorrow morning, but a dip in the pool will chase those away.Waterfront properties like the ones in this week's "Listed" are in a league of their own when it comes to entertaining. They all have amazing outdoor spaces for...
USA Property

Indiana House passes massive property tax bill. Here’s who wins and loses

Indiana Gov. Mike Braun speaks during rally for property tax reform at Indiana StatehouseIndiana Gov. Mike Braun speaks during a rally for property tax reform Monday, March 17, 2025, at the Indiana Statehouse.(Correction: This story was updated to reflect that the 10% property tax credit is off of a homeowner's bill, not their assessed value.)The Indiana House on Thursday passed its version of the signature property tax relief bill that has grown to also include reforms of local government finance.  The complex tax proposal in Senate Bill 1, which passed the...
USA Property

US, Russia diplomats discuss normalization of embassy operations

US and Russian officials have met in Turkey to discuss ways of normalizing the operations of their countries' embassies. Russia's state-run Tass news agency says the US and Russian diplomats held talks for five and a half hours at the Russian Consulate General in Istanbul on Thursday. The officials reportedly agreed to make it easier for diplomats to travel and receive visas. The agency also says the two sides discussed the need to resume direct air service between the countries. The Russian side is said to have mentioned that it...
USA Property

House Property Tax Compromise With Braun Increases Hownowner Savings – InkFreeNews.com

Gov. Mike Braun and an Indiana House committee approved changes to Senate Bill 1, which will need to pass through the House one more time before it can head to the governor’s desk. Photo from Indiana Capital Chronicle. Whitney DownardIndiana Capital Chronicle INDIANAPOLIS — After days of silence, Gov. Mike Braun gave a thumbs up on a significant property tax amendment minutes before Republican leaders brought it to the House floor. The measure passed on a 70-27 vote along party lines. Braun made property taxes a cornerstone of his 2024 campaign,...
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New York’s Largest Mall, Destiny USA, In Default On $300M Loan As Larger Trouble Looms

An aerial view of the 2.4M SF Destiny USA mall in Syracuse, New York The owner of the 2.4M SF Destiny USA, New York’s largest mall, has defaulted on a $300M mortgage on the property.  An independent auditor's report, presented with the most recent financial statements of parent company Pyramid Management Group, says, “These conditions raise substantial doubt about the company’s ability to continue as a going concern,” Syracuse.com reported.  The default happened when Carousel Center Co., the Pyramid Management Group entity that owns the original part of the mall, didn't lock in an extension on...
USA Property

New York’s Largest Mall, Destiny USA, In Default On $300M Loan As Larger Trouble Looms

An aerial view of the 2.4M SF Destiny USA mall in Syracuse, New York The owner of the 2.4M SF Destiny USA, New York’s largest mall, has defaulted on a $300M mortgage on the property.  An independent auditor's report, presented with the most recent financial statements of parent company Pyramid Management Group, says, “These conditions raise substantial doubt about the company’s ability to continue as a going concern,” Syracuse.com reported.  The default happened when Carousel Center Co., the Pyramid Management Group entity that owns the original part of the mall, didn't lock in an extension on...
USA Property

New York’s Largest Mall, Destiny USA, In Default On $300M Loan As Larger Trouble Looms

An aerial view of the 2.4M SF Destiny USA mall in Syracuse, New York The owner of the 2.4M SF Destiny USA, New York’s largest mall, has defaulted on a $300M mortgage on the property.  An independent auditor's report, presented with the most recent financial statements of parent company Pyramid Management Group, says, “These conditions raise substantial doubt about the company’s ability to continue as a going concern,” Syracuse.com reported.  The default happened when Carousel Center Co., the Pyramid Management Group entity that owns the original part of the mall, didn't lock in an extension on...
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