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
Redfin to Run Super Bowl Ad Featuring Lady Gaga
Rocket Companies (NYSE: RKT) announced that its Redfin division has teamed with Lady Gaga for its first commercial to be aired during a Super Bowl broadcast. The upcoming 60-second advertisement features the Grammy-winning star reimagining “Won’t You Be My Neighbor?”,...
Trump Signs Executive Order to Put Feds in Charge of LA Wildfire Rebuilding
President Donald J. Trump has issued an executive order designed to speed up the reconstruction of properties in the Pacific Palisades and Eaton Canyon areas of Los Angeles County that were destroyed in last year’s wildfires. The executive order, which was signed on...
Half of US Households Experienced Home Insurance Rate Increases
The national average that Americans pay for home insurance is $2,543, according to The State of Home Insurance 2026 report published by Insurance.com. The report found 49% of people received rate increases last year, with 43% stating they did not intend to renew their...
News & Current Events
Amazon to Shut Down Fresh and Go Grocery Stores
The company operates a total of 72 Fresh and Go stores, with most being scheduled for closure on Feb. 1. Continue Reading Amazon to Shut Down Fresh and Go Grocery Stores
Ground Broken on New Orleans Development Featuring 294 Affordable Housing Units
Construction will begin immediately, with substantial completion anticipated in September 2027. Continue Reading Ground Broken on New Orleans Development Featuring 294 Affordable Housing Units
New Data Reports Find Continuation of Mild Home Price Acceleration
Once again, FHFA Director Bill Pulte did not comment on the continued home price acceleration. Continue Reading New Data Reports Find Continuation of Mild Home Price Acceleration
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Exclusive News
Hits and Misses for the Real Estate Week of Aug. 4-8
An unwelcome package in the mail, another retailer declaring bankruptcy, and an unlikely new officer at a tenants’ right nonprofit. Continue Reading Hits and Misses for the Real Estate Week of Aug. 4-8
Apartment Rent Growth Continues to Slow
July marked the sixth straight month of flat or negative monthly growth. Continue Reading Apartment Rent Growth Continues to Slow
SBA Disburses Over $1.5 Million to Texas Flood Victims
In the first month following the disaster, SBA has approved more than $8 million in federal disaster loans to the impacted areas. Continue Reading SBA Disburses Over $1.5 Million to Texas Flood Victims
NY Attorney General Letitia James Subpoenaed Over Trump Fraud Case
A spokesperson for James issued a statement that said,”Any weaponization of the justice system should disturb every American.” Continue Reading NY Attorney General Letitia James Subpoenaed Over Trump Fraud Case
Tucson Rejects Proposal for 290-Acre Data Center
Beale Infrastructure, a San Francisco-based development company behind the proposal, planned to bring Amazon Web Services data center to the property. Continue Reading Tucson Rejects Proposal for 290-Acre Data Center
Company to Pay $16 Million for Selling Faulty Air Conditioners
According to a 2021 recall notice, a woman died in August 2016 from smoke inhalation and her two children were injured after their Royal Sovereign air conditioner caught fire. Continue Reading Company to Pay $16 Million for Selling Faulty Air Conditioners
11th Century Italian Castle Listed at $4.16 Million
The 102,257-square-foot residence with 10 bedrooms and 10 bathrooms is located roughly 15 miles south of Milan. Continue Reading 11th Century Italian Castle Listed at $4.16 Million
Leader of Movement to End Michigan’s Property Taxes Announces Bid for Governor
Karla Wagner is the executive director of Ax MI Tax. Continue Reading Leader of Movement to End Michigan’s Property Taxes Announces Bid for Governor
New Executive Shifts Announced at loanDepot
The promotions are the latest executive shifts to occur since company founder and Chairman of the Board Anthony Hsieh was appointed permanent CEO on July 28. Continue Reading New Executive Shifts Announced at loanDepot