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Chicago Board of Education Approves Small Property Tax Hike

Chicago Board of Education Approves Small Property Tax Hike

by Phil Hall | Dec 30, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Chicago Board of Education voted 15-5 for a small increase to its property tax levy that will result in the collection of an additional $40 million. The Chicago Sun-Times reports the school board approved a property tax increase in August, but the new increase...
DOJ Announces Settlement with LivCor on Rental Housing Price Fixing

DOJ Announces Settlement with LivCor on Rental Housing Price Fixing

by Phil Hall | Dec 30, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The US Department of Justice (DOJ) has filed a proposed consent decree to settle claims against LivCor LLC, a Blackstone (NYSE: BX) portfolio company, as part of its ongoing enforcement action against alleged algorithmic coordination and other anticompetitive...
Trump Renews Attacks on Fed Chairman Powell

Trump Renews Attacks on Fed Chairman Powell

by Phil Hall | Dec 30, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

President Trump revived his attacks on Federal Reserve Chairman Jerome Powell with new threats of a lawsuit over renovations at the central bank’s headquarters and the call for Powell to quit ahead of his term’s expiration. The Hill reports Trump raised the subject of...
Oregon Led the Nation in 2025 for Inbound Migration

Oregon Led the Nation in 2025 for Inbound Migration

by Phil Hall | Dec 29, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

As 2025 comes to a close, United Van Lines released its company’s 49th Annual National Movers Study, which found Oregon as the stated with the highest percentage of inbound migration (65%), moving up from eighth place on the 2024 inbound ranking. According to...
Illinois Home Prices Rising While Sales Decline

Illinois Home Prices Rising While Sales Decline

by Phil Hall | Dec 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Illinois recorded 9,207 home sales during November, a 9% decline from the 10,123 properties sold one year earlier. According to data from Illinois Realtors, the 21,305 homes available for sale statewide last month were 5.1% less than the 22,449 homes available in...
Report: Typical Household Needs 7 Years to Save for a Down Payment

Report: Typical Household Needs 7 Years to Save for a Down Payment

by Phil Hall | Dec 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical household needs seven years to save for the average down payment, according to a new data report from Realtor.com. This is down from the peak of 16 years recorded in April 2022, although it remains well above the pre-pandemic level. In many expensive...
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