An effort is underway to force a special meeting of Chicago’s City Council to reject Mayor Brandon Johnson’s proposed $300 million property tax increase to fill the municipal’s budget gap. The Chicago Sun-Times reports 29 alderpersons co-signed a call for a special...
Chicago Mayor Brandon Johnson is reportedly planning a major policy switch with a proposal to raise property taxes as a strategy to address the city’s budget problems. The Chicago Tribune, citing input from three unnamed alderman, said officials in Johnson’s...
A presidential plea for rent control, California realtors under a Justice Department magnifying glass and an unlikely viral video hit. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 15-19. Miss: Biden’s Rent Control...
Attacks on realtors by the Wall Street Journal and President Biden, a pair of unusual HUD endeavors and Chicago voters rejecting the “mansion tax.” From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 18-22....
Chicago voters rejected the referendum on the so-called “mansion tax” designed to increase the real estate transfer tax on residential and commercial properties sold for $1 million and higher. The Associated Press, citing a 98% return on ballots, reported the...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
