Home equity levels remain high even as price appreciation has cooled
The average U.S. mortgage holder has more than $300,000 in home equity, a figure that’s up significantly since the start of the COVID-19 pandemic as national equity levels now stand at $17.5 trillion. That’s according to Cotality’s second-quarter 2025 home equity report released on Friday. The repor
Ohio property tax debate intensifies
Efforts to abolish or deeply reform property taxes are gaining momentum in multiple states — including Ohio — where impassioned debate has cited potential funding shortfalls for local services, seniors being prices out of homes and further effects on the housing market. Howard Fleeter, an economist
How mill closures are affecting the local logging industry
JESUP, Ga. (WTOC) - International Paper’s closure continues to impact the community. Hundreds of people will be out of a job by the end of the month. But some businesses that worked with International Paper are making cuts even sooner. Mike Durrence, owner of ML Forest products, showed WTOC his logg
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