Chicago REALTORS® Blog & News

Welcome to the Chicago Association of REALTORS® blog and news hub. Explore magazine articles, industry updates and more. You can filter by category or tag based on your interests.

Market Snapshot: April 2016

C.A.R.’s market snapshot helps prepare you to answer questions about Chicago’s real estate industry, while projecting confidence and consistency as a voice for Chicago REALTORS®. If you would like to discuss any of your upcoming media or other public speaking opportunities, contact Jessica Kern, Director of Marketing & Communications or Maria Dickman, Communications Specialist. MARKET SNAPSHOT – CITY […]

Genie Birch to Serve as NAR Committee Chair

Congratulations to C.A.R.’s Genie Birch, who was announced as a 2017 Committee Chair at NAR’s Midyear Legislative Meetings and Trade Show in Washington, D.C. Birch will serve as 2017 Chair of the Diversity Committee. She is a C.A.R. past president, serving from 2009 to 2010, as well as a past president of NAHREP Chicago, and a broker associate […]

Deena Zimmerman Named NAR Commercial Liaison

C.A.R.’s Deena Zimmerman was named a 2017 NAR Commercial Liaison at last week’s Midyear Legislative Meetings & Trade Show in Washington, D.C. She will report to NAR leadership on actions and issues before the many commercial real estate-oriented committees. Zimmerman is a vice president and broker with SVN Chicago Commercial. She is the 2016 vice […]

Former C.A.R. President Named A NAR Vice President for 2016-2017

Former C.A.R. President Mabél Guzmán, was announced as a 2017 NAR Vice President at the NAR Board of Directors’ meeting in Washington, D.C., on Saturday, May 14. Guzmán will fill the VP position which focuses on association affairs. She is joined in NAR 2017 President Bill Brown’s cabinet by NAR President Elizabeth Mendenhall and VP […]

Department of Buildings Announces New Easy Permit Option

The Department of Buildings announced Friday a new Easy Permit option for permits that do not require reviews (i.e. plumbing, ventilation, refrigeration or environmental). Effective today, May 16, 2016, Easy Permit applicants may choose to submit a completed application at the Easy Permit counter at City Hall, Room 900, and return 48 hours later to […]

A Win for AREAA’s “No Other” Campaign

AREAA announced a historic win to include distinct data on Asian American and Pacific Islanders (AAPI) in the US Census Bureau’s comprehensive quarterly reports on homeownership. Starting July 2016, the Census quarterly will have a new racial category for AAPIs. Previously, AAPI data was aggregated under “other;” with support from AAPI legislators and community leaders, […]

IDFPR Launches Smartphone E-License as Pocket Card Alternative

The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that an alternative to the paper license pocket card is now available for the majority of licensed professionals, including real estate agents and brokers. Active licensees may now store an electronic license pocket card on their smartphone or tablet as proof of their professional licensure. […]

Chicago is Home to 28 Sister Cities

Chicago Sister Cities International is committed to promoting Chicago as a global city, developing international partnerships and networks, and sharing best practices through citizen-to-citizen connections. With 28 cities in almost every region of the world, CSCI is recognized as one of the most active in the world. In 2013, Chicago Sister Cities International merged with […]

Airbnb and Other Shared Housing Services

The Chicago Association of REALTORS® supports the ability of those who are allowed to take advantage of hosting their condominium or apartment on Airbnb or a similar service to do so. The Association, however, feels strongly that in order for a unit owner in a condominium building or an apartment building to host Airbnb or […]

Chicago Ranks #5 In US Cities Where Global Investors Are Looking to Buy

Forbes recently profiled the top 10 U.S. cities where investors say they will be property buyers in 2016, using figures based on Colliers International’s Global Investor Outlook 2016. Chicago ranked number 5, with 16% saying the Windy City is their preferred place to allocate extra capital this year. 6% ranked Chicago as their second choice to […]

IAR Commercial State Legislative Report

ILLINOIS REALTORS – COMMERCIAL STATE LEGISLATIVE REPORT – 2016 Spring Session of the Illinois General Assembly  The following are bills that are presently being considered in the General Assembly. Property Tax Assessment of Large Retail Stores.  Senate Bill 2367, Senate Amendment #1 (Stadelman) seeks to establish a new method of assessing the taxable value of […]

Chicago Infrastructure Trust and City of Chicago Launch Home Buyer Assistance Program

What Is the Home Buyer Assistance Program? To help make homeownership possible for a broad range of working families, the Chicago Infrastructure Trust, chaired by Treasurer Kurt Summers, has partnered with the City of Chicago to establish the Home Buyer Assistance Program. The Program will offer grants to eligible home buyers and borrowers to support down payment and closing costs. The […]