A new piece of legislation, Illinois HB3564, is making its way through the Illinois General Assembly, and it could have significant implications for landlords, property managers, and housing providers across the state. The bill seeks to cap or eliminate certain fees (such as Continue Reading
FTC vs. Zillow & Redfin Lawsuit: The Fight for Rental Listings
FTC Sues Zillow and Redfin: What It Means for Rental Listings, Property Managers, and Real Estate Agents In a landmark move, the U.S. Federal Trade Commission (FTC) has filed a lawsuit against Zillow and Redfin, alleging anti-competitive behavior that could reshape how Continue Reading
Illinois HB1814 Explained: What You Need to Know
Illinois HB1814: A New Initiative To Increase Housing Inventory Big news in Illinois real estate, especially if you care about zoning, affordability, or development opportunities. House Bill 1814 is working its way through the legislature, and if it passes, it could Continue Reading
Illinois HB3564 Explained: Take Action Against New Fee Caps
Help Protect Chicago’s Housing Market: Speak Out Against Illinois HB3564 A new Illinois legislative proposal—titled Illinois HB3564—is currently under review in the Illinois Senate, and it threatens to reshape how rental housing operates across our city and state. While the Continue Reading
State of the Market: Chicago September 2024 Updates
What’s Happening: Chicago Single-Family Housing Market Highlights Average Home Sold Price: $355,000 Homes for Sale: 5,307 Closed Sales: 2,105 Under Contract: 1,780 Average Days on the Market: 54 days Listing to Contract: 27 days Price per SqFt: Continue Reading
NAR Settlement Updates: 2024 Real Estate Commission Changes
2024 NAR Settlement Updates In a groundbreaking decision that's stirring up the real estate world, the National Association of Realtors (NAR) has reached a landmark settlement, that will change the dynamics of real estate agent compensation nationwide. For decades, sellers Continue Reading
CAR 2022 Market Outlook Highlights & Summary
Chicago Association of Realtors Market Outlook 2022: Highlights & Summary The Chicago Association of Realtors has come together for another "State of the Union" for the Chicago real estate market. A handful of industry experts from all over Chicago gave a fantastic Continue Reading
Record Set for Most Expensive Chicago Home Sale!
We're breaking records in Chicago real estate! Billionaire Ken Griffin recently purchased the most expensive Chicago home, four top floor units in Near North at the newly completed luxury condominium 9 W. Walton for a whopping $58.75 million. Once completed, Griffin will Continue Reading
