Current News & Events
Florida House Passes Resolution on Eliminating Property Taxes
Republican Sen. Ed Hooper, chairman of the Senate Appropriations Committee, stated his chamber will present a rival resolution that “won’t be as generous.” Continue Reading Florida House Passes Resolution on Eliminating Property Taxes
Wisconsin Home Sales Down Amid Drop in New Listings
The statewide median home price of $315,000 was 7.9% above the $292,000 price from January 2025. Continue Reading Wisconsin Home Sales Down Amid Drop in New Listings
Furniture Retailer American Freight to Shut Down All 328 Stores
The store closings are part of Chapter 11 bankruptcy proceedings by Franchise Group Inc., its parent company. Continue Reading Furniture Retailer American Freight to Shut Down All 328 Stores
Special City Council Meeting Sought to Stop Chicago Mayor’s Property Tax Hike Proposal
In March, Chicago voters rejected a referendum on the so-called “mansion tax.” Continue Reading Special City Council Meeting Sought to Stop Chicago Mayor’s Property Tax Hike Proposal
PNC Bank to Double Branch Expansion Plans
These plans expand upon the 100 new locations and 1,200 branch renovations announced in February. Continue Reading PNC Bank to Double Branch Expansion Plans
Greenstone Partners Promotes Brewster Hague to Partner
Greenstone Partners, a Chicago-based commercial real estate brokerage firm, has promoted Brewster Hague from senior director to partner. Continue Reading Greenstone Partners Promotes Brewster Hague to Partner
Mortgage Delinquency Rate Up Slightly from Last Year
The effects of Hurricanes Helene and Milton will likely impact the next quarterly report. Continue Reading Mortgage Delinquency Rate Up Slightly from Last Year
Q3 Multifamily Property Developer Sentiment is Mixed
“We expect multifamily construction to remain weak for another year,” said NAHB Chief Economist Robert Dietz. Continue Reading Q3 Multifamily Property Developer Sentiment is Mixed
Federal Reserve Enacts Second Consecutive Rate Cut
The Fed said it “will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities.” Continue Reading Federal Reserve Enacts Second Consecutive Rate Cut
Two New Partnerships Designed to Expand Homeownership Among Tribal Communities
According to Census Bureau data, 56.7% of Native American households owned their homes between 2015-2019. Continue Reading Two New Partnerships Designed to Expand Homeownership Among Tribal Communities
California Housing Affordability Improved Slightly in Q3
State residents needed a minimum annual income of $220,800 to qualify for the purchase of an $880,250 statewide median-priced, existing single-family home. Continue Reading California Housing Affordability Improved Slightly in Q3
Mortgage Rates Up for Sixth Straight Week
The 30-year fixed-rate mortgage averaged 6.79% as of Nov. 7. Continue Reading Mortgage Rates Up for Sixth Straight Week
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