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Michigan House Passes Bill Package to Slash Property Taxes

Michigan House Passes Bill Package to Slash Property Taxes

by Phil Hall | May 22, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Republican-controlled Michigan House of Representatives has passed an eight-bill package includes measures to cut property taxes. CBS News reports the bill package is designed to end Michigan’s 6-mill tax, the 0.75% real estate transfer tax, and the pop-up tax...
Senate Adjourns for Recess, Leaving Fate of Housing Bill on Hold

Senate Adjourns for Recess, Leaving Fate of Housing Bill on Hold

by Phil Hall | May 22, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The fate of the 21st Century ROAD to Housing Act has been put on hold as the US Senate adjourned yesterday for a 10-day recess. The bill was initially passed by the Senate and then sent to the House of Representatives, which earlier this week approved the legislation...
Chicago Bears: ‘There is Not a Viable Site in the City’ for New Stadium

Chicago Bears: ‘There is Not a Viable Site in the City’ for New Stadium

by Phil Hall | May 22, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Chicago Bears are refuting press reports that the team is reconsidering its decision to leave its hometown. In recent days, news stories were published that Chicago Mayor Brandon Johnson has been making a renewed push not to lose the team. WGN reported attorneys...
Property Tax Measure Added to North Carolina’s November Ballot

Property Tax Measure Added to North Carolina’s November Ballot

by Phil Hall | May 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The North Carolina Senate has approved a resolution that will enable voters to decide if they should change the state constitution to limit the ability by local governments to raise property taxes. MyFox8 reports the property tax measure on the November ballot will...
Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike

Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike

by Phil Hall | May 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania’s $315,000 median home sales price in April marked its third consecutive year-over-year surge. According to data from the Pennsylvania Association of Realtors (PAR), this marked a 7.4% increase from April 2025 and a 5% upswing from March. Median home sale...
Isaac Henderson Joins The Hudson Companies as Principal and Co-Head of Development

Isaac Henderson Joins The Hudson Companies as Principal and Co-Head of Development

by Phil Hall | May 21, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Hudson Companies, a real estate developer focused on the New York City metro area, has hired Isaac Henderson as principal and co-head of development. In his new job, Henderson will oversee Hudson’s mixed-use portfolio, across affordable and market-rate housing....
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