Featured Real Estate News
Chicago Boosts Hotel Tax, Making it the Nation’s Highest
Chicago is now home to the nation’s highest hotel tax after the City Council unanimously voted on Wednesday to create a Tourism Improvement District and raise the tax on hotel rooms within that district to 19%. According to the Chicago Sun-Times, the current combined...
Chicago Boosts Hotel Tax, Making it the Nation’s Highest
The tax increase applies to room rates at hotels with 100 or more rooms. Continue Reading Chicago Boosts Hotel Tax, Making it the Nation’s Highest
REMAX: January Home Sales Plummeted While New Listings Expanded
January’s home sales dropped to their lowest level in the last 12 months despite the largest month-to-month increase in new listings, according to the latest REMAX National Housing Report. Home sales last month plummeted by 32% from December and 6% from January 2025...
Mortgage Application Activity Up by Nearly 3%
Mortgage applications took an upswing for the week ending Feb. 13, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 2.8% on a seasonally adjusted basis from one...
Historic Michigan Cinema to Become Mixed-Use Development
A historic but long-closed cinema in Muskegon, Michigan, is being renovated as a mixed-use residential and retail development. Fox17Online.com reports the Harbor Theatre is being reimagined as Encore at Harbor Theatre, with ground-level retail and 11 condominiums...
News & Current Events
Kennedy Wilson is Acquired in $1.6 Billion Deal
Headquartered in Beverly Hills, California, Kennedy Wilson has $31 billion of assets under management. Continue Reading Kennedy Wilson is Acquired in $1.6 Billion Deal
Florida Home Sales Rise as Prices Decline
The statewide median sales price for single-family existing homes last month was $405,000, down 1.2% from January 2025. Continue Reading Florida Home Sales Rise as Prices Decline
Zillow Offers Real Estate Platform Based on World of Warcraft
The Zillow for Warcraft launch is being marketed in a co-branded campaign across paid social, Reddit and TikTok creators and Zillow’s social channels. Continue Reading Zillow Offers Real Estate Platform Based on World of Warcraft
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Exclusive News
Texas Gov. Abbott Emphasizes Property Tax Relief in Re-Election Campaign
“It’s time to drive a stake through the heart of local property tax hikes for good,” said Abbott. Continue Reading Texas Gov. Abbott Emphasizes Property Tax Relief in Re-Election Campaign
Trump Floats 50-Year Mortgage Proposal, But Many Conservatives Disapprove
FHFA Director Bill Pulte called the idea a “game changer.” Continue Reading Trump Floats 50-Year Mortgage Proposal, But Many Conservatives Disapprove
Francis Ford Coppola Sells Private Island to Cover Losses from Flop Movie
“I don’t have any money because I invested all the money that I borrowed to make ‘Megalopolis,'” said Coppola. Continue Reading Francis Ford Coppola Sells Private Island to Cover Losses from Flop Movie
Report: Trump Wants His Name on New Commanders Stadium
Trump is reportedly not interested in buying the naming rights or having a corporation buy it for him. Continue Reading Report: Trump Wants His Name on New Commanders Stadium
Wendy’s to Close Hundreds of US Restaurants
This is the second time in a year that Wendy’s began closing scores of restaurants. Continue Reading Wendy’s to Close Hundreds of US Restaurants
Mortgage Credit Availability at 3-Year High
“Credit availability in October rose to its highest level since 2022 as investors broadened their loan offerings over the month,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at 3-Year High
Hits and Misses for the Real Estate Week of Nov. 3-7
Fewer first-time buyers in the housing market, the firing of the FHFA’s inspector general, and the comeback for a historic Salt Lake City theater. Continue Reading Hits and Misses for the Real Estate Week of Nov. 3-7
$37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
The three-acre estate features a 15,000-square-foot residence with seven bedrooms. Continue Reading $37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
Maryland Sues Trump Administration for Blocking FBI HQ Relocation to the State
The administration overturned a Biden-era plan to move the agency’s offices out of Washington to a new building that was planned for Greenbelt, Maryland. Continue Reading Maryland Sues Trump Administration for Blocking FBI HQ Relocation to the State