Real Estate News and Insights

Immerse yourself with real estate news and insights. Discover the pulse of the real estate market through RSS feeds, photos, videos, and news headlines. Join us as we delve into the ever-changing landscape of real estate properties and the factors that shape this ever-growing industry.  Exploring the depths of real estate news opens the door to understanding regional market trends and the global economic factors influencing property values. It enables investors, homeowners, and industry professionals to make informed decisions, leveraging data and analyses that highlight opportunities and risks within the market. You may also enjoy visiting these internal pages:  Business News and World Events.

Portsmouth residential real estate values up 6.6%; personal property values on cars decrease

PORTSMOUTH — As City Council weighs tax rates for the upcoming fiscal budget, the latest assessments of real estate property show an overall increase in revenue for the city while personal property values on vehicles decreased.  Both Interim City Assessor Victor Edwards and Commissioner of the Revenue Franklin Edmondson presented information on real estate and personal property assessments, respectively, at a Tuesday work session with City Council members. (Read more at

Inflation, Severe Weather, Drive Up Homeowners Insurance Rates

According to S&P Global, 2023 was the worst year for insurance companies in more than a decade. Net losses for the industry were more than $101 billion nationwide.  As a result, those rates, like many others are expected to continue to climb. According to that same study, homeowner insurance rates jumped more than 11 percent in 2023. It’s a spike that adds another worry for realtors and homebuyers navigating the current economy. (Read More at

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