Elevated mortgage rates drive homebuilder confidence downward

Homebuilders exhibited little optimism as the housing market showed little improvement month-to-month, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. Continue reading

Canadian consul identified as buyer of $6.6M condo ‘fit for a king’

Questions swirled last week over the identity of an unidentified buyer behind the Billionaires’ Row condo transaction — with speculation rising that King Charles was at the center of the purchase. Continue reading

King Charles III purchases NYC Billionaires’ Row condo for $6.6M

News of the condo’s acquisition came after “His Majesty the King in Right of Canada” was listed as a buyer in the Steinway Hall portion of the property.  Continue reading

Suburban Chicago homeowner hit with $30K property tax bill in error

Homeowner Darryl Lloyd was stunned to receive an errant property assessment of more than $1 million from assessors, causing his bill this year to skyrocket from $1,800 to a whopping $30,000. Continue reading