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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...
Fathom Holdings Acquires Arizona Brokerage

Fathom Holdings Acquires Arizona Brokerage

by Phil Hall | Nov 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The real estate services platform Fathom Holdings Inc. (NASDAQ: FTHM) announced its acquisition of My Home Group, an Arizona-based brokerage ranked 27th in the nation by transaction volume. My Home Group brings over 2,200 agents and completes approximately 12,000...
Bernard Marcus, Co-Founder and First Chief Executive of The Home Depot, Dies at 95

Bernard Marcus, Co-Founder and First Chief Executive of The Home Depot, Dies at 95

by Phil Hall | Nov 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Home Depot (NYSE: HD) announced the passing of Bernard Marcus, the company’s co-founder and first CEO and chairman, at the age of 95. Born in Newark, New Jersey on May 12, 1929, Marcus was the youngest of four children born to Russian-Jewish immigrant parents. He...
Wyoming Realtors’ PAC Spends Nearly $550,000 on Ballot Amendment

Wyoming Realtors’ PAC Spends Nearly $550,000 on Ballot Amendment

by Phil Hall | Nov 4, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Wyoming Realtors Association’s political action committee (PAC) has spent nearly $550,000 to rally voter support for the passage of Amendment A, which would create a fourth class of taxation for residential properties. Amendment A states: “The adoption of this...
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