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New Effort Seeks to Redirect Chicago Mayor’s $300 Million Property Tax Hike

New Effort Seeks to Redirect Chicago Mayor’s $300 Million Property Tax Hike

by Phil Hall | Nov 12, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Chicago Mayor Brandon Johnson’s proposed $300 million property tax increase to shrink the city’s $1 billion budget deficit is likely to be redirected with new revenues from other taxes and fees. The Chicago Sun-Times reported 22 of the 50-member Chicago City Council...
Daniel Wallace Named Chief Operating Officer at Maxex

Daniel Wallace Named Chief Operating Officer at Maxex

by Phil Hall | Nov 12, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Maxex, an Atlanta-headquartered digital mortgage exchange designed to enable buying and selling residential loans through a single clearinghouse, announced the hiring of Daniel Wallace as chief operating officer. Wallace previously served as CEO of Haven Servicing, a...
California Association of Realtors Installs 2025 Leadership Team

California Association of Realtors Installs 2025 Leadership Team

by Phil Hall | Nov 11, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The California Association of Realtors (CAR) announced the installation of its leadership team for 2025. Heather Ozur, a Palm Springs realtor with The RECollective, is the organization’s president for the coming yar. She has been on CAR’s board of directors since 2008...
Special City Council Meeting Sought to Stop Chicago Mayor’s Property Tax Hike Proposal

Special City Council Meeting Sought to Stop Chicago Mayor’s Property Tax Hike Proposal

by Phil Hall | Nov 8, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

An effort is underway to force a special meeting of Chicago’s City Council to reject Mayor Brandon Johnson’s proposed $300 million property tax increase to fill the municipal’s budget gap. The Chicago Sun-Times reports 29 alderpersons co-signed a call for a special...
Q3 Multifamily Property Developer Sentiment is Mixed

Q3 Multifamily Property Developer Sentiment is Mixed

by Phil Hall | Nov 8, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Multifamily property developers viewed the third quarter with mixed feelings according to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The first is the Multifamily...
Home Builders Group Congratulates Trump on Election

Home Builders Group Congratulates Trump on Election

by Phil Hall | Nov 6, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Home Builders (NAHB) voiced its congratulations to Donald Trump on his return to the White House. While NAHB did not endorse any candidates in this election, it had been repeatedly critical of Biden-Harris administration policies that the...
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