Changes to Chicago Electrical Code
The Department of Buildings will begin to enforce the new electrical code and smoke and carbon monoxide detection requirements. The updated requirements, which were adopted by the city council last […]
Thank you for your Action on ADA Reform!
THANK YOU FOR YOUR ACTION! We are pleased to report the ADA Education and Reform Act, HR 620, was approved by a bipartisan vote in the U.S. House of Representatives […]
2018 Chicago Residential Lease – Recycling Disclosure Update
In the 2018 Chicago Residential Lease, page 2 alludes to a Recycling Disclosure that is required for buildings with 5 or more units. This has caused some confusion. The City of Chicago […]
Government Affairs: Criminal Background Checks in Housing Update
ISSUE BACKGROUND In April 2016, the Office of General Counsel (OGC) for the U.S. Department of Housing and Urban Development (HUD) published a memorandum on criminal background checks in housing, […]
2018 Broker CE Schedule
Continuing Education (Licensed Prior to 2/1/16) If you were licensed prior to February 1, 2016 you will need to complete the requirements below by April 30, 2018: 3 Hours Core […]
Tax Reform: What You Need to Know
For more than a century, American tax policy has recognized the value of homeownership to American middle-class wealth creation, strong and stable communities, and as a driver of our nation’s […]
Fed Raises Interest Rates for Third 2017 Rate Hike
The Federal Reserve has raised interest rates by a quarter of a percentage point, ranging between 1.25 and 1.50. This is the third interest hike of 2017, and is made […]
How to Prepay Your 2017 Taxes
Beginning Tuesday, December 12, 2017, Cook County Treasurer Maria Pappas is accepting online prepayments of next year’s First Installment property tax bill. For taxpayers who prefer to pay by mail […]
Urgent: Take Action on Tax Reform
NAR just issued a second Call for Action on tax reform as U.S. Senate and House negotiators are working to reconcile differing versions of tax bills which could hurt many Chicago property […]
FHFA Increases Maximum Conforming Loan Limits for 2018
The Federal Housing Finance Agency (FHFA) recently announced plans to boost conforming loan limits in 2018 in response to rising property values across the US. The FHFA will increase the […]
Take Action Today on Tax Reform
A Call for Action is underway, with critical impact on homeownership in Chicago and across the country. Take one minute today to ask your federal legislators to protect […]
Chicago REALTORS® Discuss Tax Reform with Congressman Brad Schneider
Last week, Chicago REALTORS® met with Congressman Brad Schneider of the 10th District of Illinois, to discuss issues critical to real estate and the economy. Chicago Association of REALTORS® Past President […]