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Real Estate in Brief: Builder confidence steadies, home sizes decrease and more

While tight inventory continues to nag the U.S. housing industry, homebuilders around the country are confident in the market, according to the National Association of Home Builders. The Housing Market Index revealed that builder confidence for new single-family homes

Survey: Tax reform and what it means for your real estate business
Chicagoland homes and their estimated property taxes

We selected a variety of homes throughout the Chicagoland area and estimated the amount of property taxes homeowners would pay for the 2017 tax year. Condo, Downtown Chicago Address: 155 N. Harbor Drive, #3904; Chicago, IL 60601 Date built:

Five facts agents should know about Cook County property tax assessment

One of the most common questions — or in some cases, complaints — residential real estate agents receive from clients relates to property taxes. While paying higher taxes on a residential property can be burdensome for homeowners, it can

What agents need to know about real estate taxes

Fear of the unknown had many Illinois residents racing to prepay the first portion of their 2018 property taxes before New Year’s Day, when the GOP tax bill went into effect. How the new legislation is going to impact

Mortgage lending: Industry forecasts for the new year

After years of historically low interest rates helped buoy the housing market across much of the country, 2018 is shaping up to be something of a change of pace for the mortgage lending industry. A booming economy will likely

A Chicago Agent survey: Tax reform, the mortgage application process & more
Agents share their goals for 2018
New Illinois Realtors president shares his 2018 plans

Like a mathematician, film director or NFL quarterback, Matt Difanis, the 2018 president of Illinois Realtors, takes a tremendous amount of pride in determining a unique angle in order to find the best result. “I approach my new role

Reducing the learning curve

Given the swirling tides of today’s real estate landscape — from the economy and tax reform to local market conditions — agents need to be alert and stay informed, says Ian Robinson, board president of the North Shore-Barrington Association

New real estate rules and regulations: What agents can expect in 2018

Every new year brings changes to the way real estate agents conduct business. That may mean new state regulations or updates to ethical codes that govern transactions and interactions between agents and their clients. 2018 is no different, as

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Tax reform: What the new law means for homeowners

The recently passed tax law could have a significant impact on Chicagoland homeowners, which in turn would affect agents, lenders and contractors. The law would reduce the amount of mortgage interest that homebuyers can deduct from their taxes. It

Cover story: 2018 real estate predictions

Last year, many of the participants in our 2017 predictions issue expressed confidence in the Chicagoland real estate market, citing increased housing demand and favorable market conditions. Twelve months later, the U.S. economy continues to see low unemployment and

Survey: Agents make their 2018 real estate predictions
Can one agent represent both buyer and seller? Legally, the answer is ‘yes,’ but…

There’s one way for an agent to ensure that they don’t have to work with another agent during a transaction: they can represent both sides of the transaction. Dual agency, as this method is called, can allow an agent

Agent to agent: How do you create a great relationship?

    More responses: “Getting them to realize we are both wanting the same things, and to be friendly and amicable is always the best way.” “It all starts with the broker/owner providing better training.” “We need to tighten

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