TILA-RESPA Integrated Disclosure
Beginning Oct. 3, 2015, REALTORS® and their clients will face new rules which govern how mortgages will be handled. Under the Real Estate Settlement Procedures Act and the Truth in […]
Navigating the New Affordable Requirements Ordinance (ARO)
The Home Builders Association of Greater Chicago (HBAGC) presented “Navigating the New ARO” on May 28th to a packed room at the Dream20 Showroom in the Merchandise Mart. Paul Colgan, Governmental […]
New Program Offers Homeowner Relief
A new pilot program launched by the Federal Housing Finance Agency (FHFA) and Fannie Mae and Freddie Mac will provide mortgage help to struggling borrowers in Cook County. Under the […]
Fair Housing Act: One Week Changes Everything
Did you know the Fair Housing Act of 1968 was passed by Congress and signed into law by President Lyndon B. Johnson just a week after the assassination of Dr. […]
Spring Issue of NAR Commercial Connections Now Available
Check out the latest issue of NAR’s Commercial Connections featuring an outlook on the first quarter market survey, new research on cross-border investment, NAR’s commercial legislative and regulatory priorities for […]
April: Fair Housing Month
In honor of Fair Housing Month (April), check your knowledge of the federal law banning housing discrimination with this quiz. The federal Fair Housing Act prohibits discrimination in the sale, rental, and […]
Chicago REALTORS® Advocate for Property Rights
Chicago REALTORS® this week joined REALTORS® from across the nation as part of a group lobbying congressional representatives on private property rights in Washington, D.C. The meetings were the […]
Aldermen OK New Affordable Requirements Ordinance
Chicago aldermen on Wednesday, March 18 approved changes to the Affordable Requirements Ordinance (ARO). Chicago REALTORS® Government Affairs team worked with the city along with other real estate groups to propose changes […]
U.S. Economy Would Lose $8.1B Without 1031
If Section 1031 like-kind exchanges were repealed, the nation’s economy would shrink by an estimated $8.1 billion even when combined with lower tax rates, a new analysis found. The higher […]
Cicero Announces Building Code Changes
Cicero officials have approved several building code changes that will no longer require a special permit from the town. Officials made the changes to encourage investment in housing, and to […]
Call for Action: Sewer Inspection Bill
Homeowners would have to pay additional fees under proposed state legislation to require a video inspection of their sewer system by a licensed plumber. State representatives could call House Bill […]
FAA Proposes Drone Rules
The National Association of REALTORS® continues to ask members to abstain from using drones until the Federal Aviation Administration makes its rules final. The FAA recently came out with proposed […]