USA Property

USA Property

Five takeaways from Palm Beach’s pandemic-sparked real-estate boom

The real-estate frenzy sparked by the arrival of coronavirus pandemic in 2020 has had lasting effects on Palm Beach real estate. Here are some highlights.Video: Morning traffic enters Palm Beach over Flagler Memorial BridgeVideo: Early morning drivers enter Palm Beach across the Flagler Memorial Bridge February 13, 2025.Five years after the coronavirus pandemic arrived in Palm Beach, its boom-time effects on local real estate continue to resonate.Although the real estate frenzy has cooled a bit over the past two years, home prices in Palm Beach remain higher and the number...
USA Property

Wells Fargo Sues JPMorgan Chase Over Soured $481,000,000 Loan, Says US Bank Aware Seller Had Inflated Income: Report

Two of the largest banks in the US are reportedly locked in a legal battle over a $481 million commercial property loan. Wells Fargo is suing JPMorgan Chase, the largest back in the US, over accusations it greenlighted a real estate loan even though it allegedly knew that the financial statements were fraudulent, reports Reuters. In 2019, JPMorgan issued a loan to real estate development and investment firm Chetrit Group to finance the purchase of 43 multi-family buildings with 8,671 apartments across 10 states. Acting as the investors’ trustee, Wells...
USA Property

57 Crucial Real Estate Statistics that Explain the 2025 Market

There is an endless supply of real estate statistics out there, but what the heck do you do with all of them? Well, the old saying “knowledge is power” rings very true here. Stats are the fuel to the fire of the real estate market and will make you exude confidence in conversations with potential clients–making them feel confident in hiring you to represent them. Think about it: Would you get surgery from a surgeon who can’t explain the procedure? I think not. We’ve diligently dug through the depths to...
USA Property

Shouldn’t have to ‘rent from the government’

As Tax Day nears, fiscally conservative leaders in several states are pushing to abolish property taxes, with one Pennsylvania lawmaker arguing that homeowners shouldn’t have to “pay rent” to the government. That lawmaker, state Rep. Russ Diamond, R-Lebanon, spoke to Fox News Digital on Thursday ahead of his latest effort to end the collection of such taxes in the Keystone State. Diamond will put forward a resolution — titled HB 900 — which Fox News Digital learned exclusively will be filed imminently. The document is a draft constitutional amendment he...
USA Property

See which states has the highest property tax rates, lowest in the US

Seattle named 9th most expensive city in U.S.According to a report from Oxford Economics, it takes a household income of $200,000 to afford a new home in Seattle, including property taxes and insurance costs.Fox - SeattleProperty taxes are a thorn in the side of homeowners. While many of us wish we didn't have to pay them, we don't have a choice. Just how much you pay depends on where you live, as taxes fluctuate from state to state and from town to town.In New Jersey, property taxes are significantly higher...
USA Property

Does New Jersey still have the nation’s highest property tax rates?

Seattle named 9th most expensive city in U.S.According to a report from Oxford Economics, it takes a household income of $200,000 to afford a new home in Seattle, including property taxes and insurance costs.Fox - SeattleIllinois has the second-highest property tax rate in the country with Connecticut coming in third place.Property taxes are a thorn in the side of homeowners. While many of us wish we didn't have to pay them, we don't have a choice. Just how much you pay depends on where you live, as taxes fluctuate from...
USA Property

DOGE cancels plans to close US Attorney’s Office in Corpus Christi

Musk ramps up DOGE as Tesla stock tanks, backlash growsTesla’s stock dropped about 15% on March 10. Still, CEO Elon Musk has no plans to slow down his work in the U.S. government.The Department of Government Efficiency has reversed its decision to close the U.S. Attorney’s Office for the Southern District of Texas in Corpus Christi.The closure was initially part of a plan to reduce federal spending by canceling or renegotiating real estate contracts.The Department of Government Efficiency no longer plans to close the U.S. Attorney’s Office for the Southern...
USA Property

Auckland AI start-up ListAssist sells to US firm Inside Real Estate

He and his team would stay in Auckland. He anticipated he would continue to travel to the US around half a dozen times each year.Christ’s College old boy McGoldrick was born and raised in Christchurch – where he comes from an extended family well known on the local real estate scene – but moved to Auckland to finish his business degree after the quakes.“I wanted to go my own way,” he told the Herald.AdvertisementAdvertise with NZME.He worked in logistics (Fliway Group) and sales (Fuji Xerox) before founding his first start-up...
USA Property

‘It’s going to make us move’: Brighton residents face skyrocketing property assessments

The day's major News events, business reports, sports updates, Rochester area weather information and tomorrow's forecast are presented by the News10NBC Team.BRIGHTON, N.Y. — Some homeowners in Brighton are reeling after receiving their latest property reassessments, which have significantly increased the value of their homes and, consequently, their taxes. Patrick Moughan, a Brighton homeowner, is concerned about what the increased costs could mean for his family’s future in the neighborhood.“The last reassessment in Brighton was in 2018. Our house was assessed at $295,000 at that time. We just got our...
USA Property

Cities, counties fret over end of property tax

LAKE WORTH BEACH, Fla. — We continue to look into the proposal to eliminate property taxes in Florida and the potential impacts.WPTV reporter Matt Sczesny spent Wednesday finding out how some local governments would find a way to pay the bills.WATCH BELOW: Florida cities, counties fret over end of property tax Florida cities, counties fret over end of property tax Cities like Lake Worth Beach and counties across Florida are in a small panic over how to make up revenue if property taxes are eliminated in Florida."Lake Worth Beach is...
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