
Homebuilder Stocks Surge as Democratic Sweep Raises Hopes for Affordability Gains
Homebuilders and housing suppliers saw significant jumps in their share prices following the stunning success of Democrats in Tuesday’s midterm elections. At the closing bell on Wednesday, shares of major builders Lennar and PulteGroup were up more than 7% on the day, and D.R. Horton rose more than

A $6.52 Million Beverlywood Home on a Lavish Golf Course Just Set the Record for the Priciest Teardown Sale
A Los Angeles property in Beverlywood has been sold in an off-market transaction, and at $6.52 million, it has set the record for the most expensive home to be purchased with plans to be torn down in the upscale neighborhood. The dwelling is certainly in a coveted location, perched directly on the H

North Carolina Passes New Limits on Property Tax Levies
On Tuesday, North Carolina voters narrowly approved House Bill 1089, which proposed a limit on property tax increases. The amendment needed 60% of voters to support it to pass. It received 60.4% support. The amendment does not specify the terms of those limits. Instead, that will be up to the North
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