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Report: Chicago Property Taxes See Largest Hike in 30 Years

Report: Chicago Property Taxes See Largest Hike in 30 Years

by Phil Hall | Nov 18, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new study released by the Cook County Treasurer’s Office has determined Chicago homeowners are facing the largest property tax jump in three decades. WLS reports the city’s predominantly Black and Hispanic communities will be hit the hardest with the property tax...
Report: 53% of All Homes Lost Value Since Last Year

Report: 53% of All Homes Lost Value Since Last Year

by Phil Hall | Nov 17, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from Zillow (NASDAQ: Z, ZG) has determined that 53% of all US homes have lost value since last year, marking the largest share since 2012. However, the news isn’t entirely bad. Zillow also noted most homeowners have seen their home values rise...
New Home Purchase Mortgage Applications Down in October

New Home Purchase Mortgage Applications Down in October

by Phil Hall | Nov 17, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Mortgage applications for new home purchases during October were down by 2.6% from one year earlier and were down by 1% from one month earlier, according to data from the Mortgage Bankers Association (MBA). The MBA estimated new single-family home sales were running...
New Forecast Predicts 14% Spike in Existing Home Sales During 2026

New Forecast Predicts 14% Spike in Existing Home Sales During 2026

by Phil Hall | Nov 17, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new forecast from the National Association of Realtors (NAR) is predicting a 14% increase in existing home sales during 2026. NAR Chief Economist Lawrence Yun is expecting improved economic conditions next year with easing mortgage rates and a stronger job market....
Report: ‘Hidden Costs’ of Homeownership Nearly $16,000 Per Year

Report: ‘Hidden Costs’ of Homeownership Nearly $16,000 Per Year

by Phil Hall | Nov 14, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners have more than mortgage payments eating away at their budgets, as a new data report from Zillow and Thumbtack determined the so-called “hidden costs of homeownership” now add up to $15,979 per year nationwide – a sum that is outpacing incomes. In addition...
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