Over the last few months, the Chicago Association of REALTORS® Government Affairs team has been working to educate City Council members about the negative ramifications of an increase in the transfer tax. On Monday, November 14, there was a scheduled…
Each month, the Chicago Association of REALTORS® hosts Coffee With Your GADs to keep you updated on what is happening in the government that affects your business. Watch the playback from our July 12 meeting where we discussed the current legislative issues…
At the end of June, City Council passed the Heating & Cooling Ordinance following the death of multiple women in a senior home in the city. Prior to this ordinance, buildings were required by law to keep the heat at…
TRANSFER TAXES BACK IN THE NEWS The Real Estate Transfer Tax is imposed when titled real estate property is transferred within the city of Chicago. This spring, the Bring Chicago Home proposal called to more than triple the transfer tax…
REALTORS® CALL ON DEPARTMENT OF WATER MANAGEMENT FOR REFORMS Currently, the City of Chicago’s INVEST South/West program gathers resources to inspire growth by transforming underserved commercial corridors and attracting more residents to the adjoining residential areas. Some of the homes…