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Recent News
Chicago Agent Magazine
The Chicago Association of REALTORS® holds its 141st Inaugural Gala
On Sept. 20, the Chicago Association of REALTORS® (CAR) hosted its 141st Inaugural Gala at the Hilton Chicago.
Chicago Tribune
The home buying and selling process is changing
The way real estate agents get paid will shift on Aug. 17, following settlement agreements that resulted from numerous class-action lawsuits.
Chicago Sun Times
Realtors®’ new rules take effect Saturday
Chicago members of the National Association of REALTORS® say they’re preparing for changes in how homes are bought and sold.
Chicago Agent Magazine
Association Executive of the Year: Michelle Mills Clement, Chicago Association of REALTORS®
CEO Michelle Mills Clement named the 2023 Association Executive of the Year in Chicago Agent Magazine’s Agents’ Choice Awards.
Chicago Tribune
Chicago home sales down 11% in September, ending tepid summer housing market
“We have buyers still engaged and sellers who still want to sell … but we are not seeing the activity we used to have,” said Drussy Hernandez, president of the Chicago Association of REALTORS® and vice president of brokerage services at Coldwell Banker Realty.
Crain’s Chicago Business
Opinion: Bring Chicago Home provides little hope for the homeless and major pain for the rest of the city
During the mayoral campaign, then-candidate Brandon Johnson vowed not to raise property taxes. Now Mayor Brandon Johnson is trying to do just that — under the guise of his Bring Chicago Home plan.
Chicago Agent Magazine
CAR LEadership Who’s Who
Our leadership was featured in Chicago Agent Magazine’s 2023 Who’s Who issue.
Chicago Agent Magazine
Marion Valle to be inducted into CAR Hall of Fame
The Chicago Association of REALTORS® will induct Marion Valle, a past president of the association, into its Hall of Fame later this month at the group’s 140th Inaugural Gala.
Crain’s Chicago Business
Here’s where suburban home prices are up the most this year, and where they’ve gone down the most
This spring, when a pair of clients asked her to help find them a home to buy in one of the most desirable parts of Grayslake, Connie Barhorst happened to have one up her sleeve — a home she’d helped different clients buy in 2021.
Chicago Agent Magazine
AN OPEN DIALOGUE AT CAR’S DEI EVENT
Check out Chicago Agent Magazine’s coverage of our 360° Summit event.
Chicago Agent Magazine
Chicago Association of Realtors® Sales Awards
Real estate professionals from across Chicagoland gathered March 29 at Navy Pier for the annual Chicago Association of REALTORS® Sales Awards.
Crain’s Chicago Business
CAR Past President Frank Williams honored as a Fair Housing Champion
More than 50 years later, he is being honored with the Fair Housing Champion Awards. Williams was among three winners recognized at the recent awards, which were held by the National Association of Realtors® (NAR) and Realtor.com during NAR’s Fair Housing Month.
Chicago Tribune
Illinois spring housing market started early, with monthly sale and price increases expected as season continues
The Illinois housing market is continuing to cool off from the pandemic housing boom, with the number of home sales still down significantly while prices are holding steady compared with the first quarter of last year, housing experts say.
Crain’s Chicago Business
City home prices slide for 5th month in a row
Home prices in the city have dipped for five consecutive months, according to data released this morning, while prices have stayed flat for the metropolitan area.
The Washington Post
How the Obama Center is forcing Chicagoans out
The Obama Presidential Center in Chicago’s South Side is increasing rents and home values so much that longtime residents are being forced to move.
Crain’s chicago business
Asking prices for homes hit a new high
The median asking price was a little more than $333,500, according to the market-tracking tool in Redfin’s data center. That’s up about 2.4% from the same time last year and about 1.1% above the region’s highest median asking price on record, mid-May’s roughly $332,700.
Crain’s Chicago Business
Hispanic homeownership in the Chicago area is high compared to the rest of the nation. Here’s why.
The average Hispanic household income in the Chicago area is about $65,000, Evangelou said, compared to $58,000. “They earn more and prices are lower,” Evangelou said. “That’s significant when you think about buying a home,” she said.
CHicago Tribune
As @properties prepares to open 1st South Side office in Bronzeville, residents feel torn about the influx of development
Since moving to Bronzeville in 2007, Vanessa Harris has seen the many vacant lots in her neighborhood get scooped up by developers and turned into $800,000 townhomes, some of them right outside her window.
Chicago agent magazine
From young professionals to power brokers
Real estate can be an alienating industry. But what if Chicago agents were all on the same team? That’s the thought behind the Young Professionals Network (YPN), an organization through the Chicago Association of REALTORS® which provides a point of connection for newer brokers.
Chicago tribune
Activists call for Chicago to rule out natural gas in new buildings, citing health risks, costs and climate change
Environmentalists, activists and consumer advocates are calling on Chicago politicians to pass a clean buildings ordinance that would effectively rule out the use of natural gas in most new buildings.