Author Archives: Taylor Anderson

In ‘shocker’ of a vote, Chicago transfer tax hike headed for defeat

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The key policy item for first-term Mayor Brandon Johnson would have raised an estimated $100 million through a tax hike on real estate sales. Continue reading →

How commission chaos divided the real estate industry into 4 factions

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The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward. Continue reading →

An anticipated settlement still shocks the real estate industry

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Settlement represents “nothing short of a sea change” as the National Association of Realtors agrees to pay $418 million and make sweeping changes. Continue reading →

NAR agrees to settle commission lawsuits for $418M

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NAR would agree not to create rules that allow listing agents to set compensation for buyer brokers as part of the settlement. Continue reading →

Illinois Supreme Court says Chicago tax hike can move ahead

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A fiscal watchdog also released a report warning that Chicago leaders may not have studied the issue thoroughly before putting it on the March 19 ballot. Continue reading →

Jail ahead for ‘worst landlord on this planet’ over squalid rentals

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The sheriff has been ordered to arrest a landlord twice named worst in New York City and bring him to Rikers Island for up to 60 days over hundreds of building violations. Continue reading →

Curbio faces lawsuits, complaints from agents amid rapid growth

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Some Realtors and the attorney general in Washington, D.C., have come forward with criticism of Curbio. Executives say the complaints represent a tiny fraction of the thousands it has helped. Continue reading →

Appeals court rules Chicago transfer tax hike can move ahead

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Voters are set to decide on March 19 whether they want to quadruple the tax buyers pay on real estate purchases above $1.5 million. Realtors say it amounts to a secret tax and rent hike. Continue reading →

Brick Underground saved from folding by last-minute buyer

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The New York City-based real estate news site, a resource for buyers, sellers and renters, briefly ceased publication last week before announcing Monday it had been acquired Continue reading →

Rent is falling fastest in markets that added the most new supply

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Rent is now 0.7 percent lower for one-bedroom rentals nationwide than it was a year ago, but not in all markets, new report shows. Continue reading →