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Report: Chicago Officials Failing to Alert Residents of Lead Risk in Drinking Water

Report: Chicago Officials Failing to Alert Residents of Lead Risk in Drinking Water

by Phil Hall | Jul 14, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Chicago has fallen dangerously short of meeting federal rules requiring that the city notify its residents and property owners to the risk of lead contamination in their drinking water. According to an investigation by the Chicago Sun-Times, Chicago officials were...
Foreign Purchases of American Homes Up 33%

Foreign Purchases of American Homes Up 33%

by Phil Hall | Jul 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

American real estate is still considered to be a great investment by foreign buyers – according to the National Association of Realtors (NAR) 2025 International Transactions in US Residential Real Estate report, overseas buyers acquired $56 billion worth of existing...
Realtor.com’s Parent Company Acquires Zenlist

Realtor.com’s Parent Company Acquires Zenlist

by Phil Hall | Jul 14, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Realtor.com’s parent company, Move Inc., has acquired Zenlist, a real estate technology business that provides collaborative search and productivity tools designed for agents and their clients. The terms of the deal were not disclosed and Zenlist’s employees...
Mike Simonsen Named Chief Economist at Compass

Mike Simonsen Named Chief Economist at Compass

by Phil Hall | Jul 14, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Compass Inc. (NYSE: COMP) has hired Mike Simonsen as its first-ever chief economist. Simonsen, who was previously the founder and CEO of Altos Research, will be tasked with elevating Compass’ market reports and power its data-driven content. “Mike is the...
Judge Axes CFPB’s Medical Debt Reporting Rule

Judge Axes CFPB’s Medical Debt Reporting Rule

by Phil Hall | Jul 14, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A federal judge in Texas overturned a Consumer Financial Protection Bureau (CFPB) rule enabling the erasure of medical debt from credit reports. The Hill reports US District Judge Sean Jordan stated the CFPB exceeded its’ authority by issuing the rule, which was...
Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments

Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments

by Phil Hall | Jul 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Bank of Mom and Dad is helping to keep the housing market afloat – a new survey from Redfin determined nearly one-quarter (23.8%) of young Americans who recently bought a home tapped into family money to help cover their down payment. The typical homebuyer’s down...
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