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Rhode Island Implements 'Taylor Swift Tax' on Luxury Homes

Rhode Island Implements 'Taylor Swift Tax' on Luxury Homes

Rhode Island has enacted a new property tax, dubbed the 'Taylor Swift Tax,' targeting high-end luxury homes that are often vacant. This tax imposes a surcharge on properties not occupied or rented for more than half the year. The initiative aims to address housing issues by generating funds for mortgage assistance for full-time residents. The tax is named after Taylor Swift, who owns a mansion in the state. Similar measures are being considered in areas like Cape Cod to alleviate housing shortages.

Peabody, Massachusetts Emerges as America's Hottest ZIP Code Amid High Mortgage Rates

Peabody, Massachusetts Emerges as America's Hottest ZIP Code Amid High Mortgage Rates

Peabody, Massachusetts, has been named the hottest ZIP code in the United States for 2026 by Realtor.com. This recognition comes as the area experiences a surge in homebuyer demand, driven by its proximity to Boston and the availability of larger homes with character. Despite high national mortgage rates, Peabody's real estate market is thriving, with homes selling rapidly and attracting significant interest. The median household income in Peabody is slightly below what is typically required to afford the median-priced home, yet local buyers are leveraging existing home equity to make substantial down payments. The area is attracting buyers who prioritize long-term value and are willing to pay a premium for homes that offer a blend of value, access, and quality of life.

The Best&Worst States for Care in America (2026 Report Card)

The Best&Worst States for Care in America (2026 Report Card)

Is your state doing enough to support working families? In this eye-opening conversation with Laura Valle Gutierrez, a fellow at The Century Foundation, we break down the third annual State Care Report Card—a comprehensive ranking of all 50 states on childcare, paid family leave, and ...

OECD Highlights Housing Costs as Key Driver of Inequality in Developed Economies

OECD Highlights Housing Costs as Key Driver of Inequality in Developed Economies

The OECD has emphasized that rising housing costs are a significant driver of wealth and generational inequality in developed economies. The report highlights that housing affordability has become a mainstream concern, affecting a broader range of social groups than ever before. In countries like Spain, citizens are spending over 40% of their net income on rent, which is contributing to a growing wealth gap. The transformation of housing into a global financial asset, driven by international capital and institutional investors, has disconnected it from its social function, leading to increased tensions and calls for regulatory measures.

New Hampshire Home Prices Reach Record High Amid National Stabilization

New Hampshire Home Prices Reach Record High Amid National Stabilization

New Hampshire's housing market has reached a record median sales price of $580,000 for single-family homes, according to the New Hampshire Association of Realtors. This marks a significant increase from previous years, defying national trends where housing prices have begun to stabilize. The state's housing market is experiencing a surge in sales volume despite high national mortgage rates, driven by a combination of limited supply and strong demand. The affordability index in New Hampshire has declined, with the median household income falling short of what is needed to afford the median home price. The state's housing market is characterized by a persistent shortage of available homes, particularly starter homes, which continues to drive prices upward.

Realtor.com Identifies Hottest U.S. ZIP Codes for 2026

Realtor.com Identifies Hottest U.S. ZIP Codes for 2026

Realtor.com Identifies Hottest U.S. ZIP Codes for 2026

Westchester County Journal News

New York ZIP code ranks No. 4 among hottest housing markets in America

New York ZIP code ranks No. 4 among hottest housing markets in America

A New York ZIP code ranks No. 4 among the hottest housing markets in the country

Montpelier Development Group Secures Federal Building for Housing Project

Montpelier Development Group Secures Federal Building for Housing Project

The 87 State Street Local Development Corporation has successfully bid $540,000 for the former Montpelier Federal Building, which has been vacant since severe flooding in July 2023. The building, previously housing the U.S. Postal Service and offices of former U.S. Senator Patrick Leahy, is set to be redeveloped into housing units. The site could potentially accommodate 70 to 80 housing units, addressing a significant housing shortage in Montpelier. The development is seen as a positive step in the city's flood recovery efforts and is expected to aid local businesses by making it easier to recruit and retain workers.

Assemblymember González Celebrates Completion of Koreatown's First ED1 Affordable Housing Project

Assemblymember González Celebrates Completion of Koreatown's First ED1 Affordable Housing Project

Assemblymember Mark González participated in the grand opening of Koreatown's first completed Executive Directive 1 (ED1) affordable housing project. Located at 611 S Hobart Blvd, the seven-story building offers 80 studio and one-bedroom apartments, all of which are income-restricted to ensure affordability. This development is part of a broader initiative led by Mayor Bass, who issued Executive Directive 1 in December 2022 to accelerate the construction of 100% affordable housing units. The project underscores a commitment to providing affordable housing in city centers, particularly in multicultural and multilingual neighborhoods like Koreatown.

Philadelphia Luxury Home Market Sees Rising Prices Amid Strong Demand

Philadelphia Luxury Home Market Sees Rising Prices Amid Strong Demand

Philadelphia Luxury Home Market Sees Rising Prices Amid Strong Demand

Is Michigan one of America's most overlooked retirement tax states?

Is Michigan one of America's most overlooked retirement tax states?

Michigan isn't always the first state that comes to mind when Americans think about tax-friendly retirement destinations. But Matt Kidd, president of Kidd Advisors and Kidd Financial Planning, says the state deserves a closer look. Kidd, who is also a PFP Champion for the American Institute of CPAs ...

Peabody, Massachusetts Tops List of Most In-Demand ZIP Codes for Homebuyers in 2026

Peabody, Massachusetts Tops List of Most In-Demand ZIP Codes for Homebuyers in 2026

Peabody, Massachusetts, has emerged as the most sought-after ZIP code for homebuyers in the first half of 2026, according to Realtor.com. The area is characterized by modest detached homes, suburban shopping, and proximity to Boston. With a median list price of $600,000, Peabody is relatively affordable compared to other North Shore communities. The list of top ZIP codes reflects a shift towards established neighborhoods offering value but at higher prices. Other areas in the top ten include Montclair, New Jersey, and Sewell, New Jersey, indicating a trend towards suburban locations with access to major cities.