The Chicago Association of REALTORS®, the “Voice for Real Estate” in Chicago since 1883, represents 16,000+ members from all real estate specialties including commercial sales, development, property management, appraisal, auctions and residential sales.
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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.
Chicago Housing and Economic Development Bond Program The City of Chicago is proposing a major change to financing housing and economic development programs, and REALTORS® have been asked to weigh […]
While we still need to wait to see the results from the primary election mail-in ballots, the real estate transfer tax referendum is on track to be defeated. We agree with […]
On Friday, February 23, a Circuit Court judge ruled in favor of a lawsuit that requested the Bring Chicago Home transfer tax increase question to be removed from the primary […]
In November, we caught up with the Public Policy Coordinating Committee Chair Staci Slattery, North Clybourn Group, Inc., to discuss what we can expect in the year ahead in government […]
Yesterday, a proposed resolution to the real estate transfer tax was introduced to City Council that would raise the real estate transfer tax on properties over $1 million. In October, […]
On Friday, Illinois Gov. J.B. Pritzker signed into law historic reforms to fix long-standing racial inequities and abuses in the state’s property tax system spotlighted in two studies issued last […]
Location Virtual Event Cost Members: Complimentary You’re invited to Coffee with Your GAD, an informal meeting to discuss legislative issues affecting the Chicago real estate market! This month, Alderman Gil […]
A LOOK AT THE 2023 MUNICIPAL ELECTION This spring is all about the municipal election. At least 16 City Council members are retiring, sparking competitive races for incumbents. Your RPAC […]
A CLOSER LOOK AT THE 2023 BUDGETS The city of Chicago reviewed a $16.4 billion budget. The budget did not include a property tax increase, although it was considered. Overall, […]
Earlier this January, the Chicago Association of REALTORS® and Illinois REALTORS® invited each candidate to complete a questionnaire to better understand their positions on the following real estate hot topics: […]
Currently, property taxes in the city of Chicago are tied to inflation rates, which means you’ve likely seen an increase in your taxes in your most recent bill. By supporting […]
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 […]