Creating well-planned, accessible urban open spaces doesn’t just benefit communities; they also boost the bottom line for developers, according to a new study by the Urban Land Institute. The study, “The Case for Open Space: Why the Real Estate Industry [...]
Illinois REALTORS® handily defeated several municipal referenda which requested Home Rule authority in the November election. Home Rule was on the ballot in five municipalities: Prospect Heights (Cook County), Winthrop Harbor, Beach Park, Zion (all Lake County) and Lemont [...]
REALTORS® are fighting to keep rent control from squeezing property values There is a serious effort under way to pass legislation in Illinois that would repeal the Rent Control Preemption Act, which prohibits local governments from enacting any form [...]
Commercial sales volume is strong and the cost of those sales is trending higher even as tightened commercial real estate inventory means fewer total transactions, according to the National Association of REALTORS® (NAR) 2018 Commercial Member Profile. What’s ahead [...]
Like many of you, I get a lot of windshield time as I travel throughout northern Illinois, Chicago and the suburbs making presentations at office sales meetings. In my attempt to limit dangerous interactions with my mobile device while [...]
A pair of Illinois REALTORS® provided top-level training to Ghanaian real estate professionals, part of a years’ long outreach designed to boost professionalism and standards of practice in the country. Plainfield REALTOR® Vicky Sampah, herself from Ghana, began work [...]
The latest issue of Illinois REALTOR® will be hitting your mailbox this week, but you can get a sneak peek with the digital edition available now online. The January issue takes a closer look at the repercussions rent control could have on housing [...]
By early November, the Illinois REALTOR® Legal Hotline had handled 2,617 calls or emails in 2018 (or an average of 262 a month). So, what were the top legal questions members were asking about? Agency, the scope of the [...]