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Chicago Mayor Downplays CFO’s Remarks of a ‘Likely’ Property Tax Hike

Chicago Mayor Downplays CFO’s Remarks of a ‘Likely’ Property Tax Hike

by Phil Hall | Jul 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Chicago Mayor Brandon Johnson is downplaying comments made by his chief financial officer (CFO) that the city could raise property taxes to fill its $1 billion budget deficit. WLS.com reports CFO Jill Jaworski told a Bloomberg that a property tax increase was a...
Opendoor Adds Cash Plus to Product Suite for Sellers and Agents

Opendoor Adds Cash Plus to Product Suite for Sellers and Agents

by Phil Hall | Jul 24, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The real estate transaction platform Opendoor (NASDAQ: OPEN) has debuted Cash Plus, a new addition to its product offerings for home sellers and agents. According to the San Francisco-based company, Cash Plus provides immediate cash for home sellers in as little as 14...
Neighborhood Ventures Completes Fourth Distressed-Asset Purchase

Neighborhood Ventures Completes Fourth Distressed-Asset Purchase

by Phil Hall | Jul 24, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Neighborhood Ventures, an Arizona-based real estate crowdfunding company, has announced the launch of Venture on Maryland, a 78‑unit multifamily community in Central Phoenix, into its Arizona Multifamily Opportunistic Fund. The property was acquired through a...
Trump to Tour Fed HQ

Trump to Tour Fed HQ

by Phil Hall | Jul 24, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

President Trump is joining this afternoon’s tour by White House aides of the Federal Reserve headquarters. The Wall Street Journal reports the tour is being promoted as a fact-finding investigation of the renovations underway at the central bank’s Washington...
Florida’s Single-Family Home Sales Up in June, Down for Q2

Florida’s Single-Family Home Sales Up in June, Down for Q2

by Phil Hall | Jul 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 23,827 closed sales of existing single-family homes in June, up 2.8% year-over-year – the first gain in that metric since January – while existing condo-townhouse sales totaled 7,809, down 6.4% over June 2024, according to data from Florida Realtors....
Real Estate Agent with Podcast Following Sentenced for Ponzi Scheme

Real Estate Agent with Podcast Following Sentenced for Ponzi Scheme

by Phil Hall | Jul 23, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

An Ohio real estate agent who gained an online following through his podcasts and social media messaging was sentenced to six years in federal prison for orchestrating a real estate Ponzi scheme that absorbed over $7.3 million from at least 63 victims nationwide....
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