Mamdani’s ‘Last Resort’ Tax Hike Could Hit Renters Too
In announcing his budget, New York City Mayor Zohran Mamdani also gave an ultimatum to Albany: Raise taxes on the wealthiest New Yorkers, or he’ll be forced to increase property taxes for everyone. It’s a threat that lands at an especially fraught moment. Across the country, lawmakers are pitching p
‘Priced Out of Paradise’ Explores Martha’s Vineyard’s Growing Housing Divide
Martha's Vineyard, MA, has long been a high-priced enclave, with the median home listing price lingering around a staggering $2,293,412. This sought-after area is marked by strong demand and limited inventory, pushing home prices up. A significant portion of properties are used only seasonally, furt
Mortgage Rates Drop to 3.5-Year Low, Offering Buyers a Timely Boost
Price softness is likely welcome news for buyers, and it comes on the heels of another market-friendly development for both buyers and sellers: a 3.5-year low in mortgage rates. The Freddie Mac 30-year fixed rate slipped to 6.01% this week—it’s lowest level since September 2022—and it’s down from 6.
End Property Taxes, Protect Police and Firefighters: Florida House Dares the Senate
In a step toward radical property tax reform, the Florida House of Representatives approved a joint resolution on Thursday that would completely end nonschool property taxes for homestead properties as soon as Jan. 1, 2027. The move came in the form of an amendment to HJR 203, introduced by Rep. Mon
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