At the stroke of midnight on New Year’s Day, a new standard contract for real estate agents in most of Northeast Illinois took effect. You may have heard about it, but have you explored it? The two sections of

Have any clients who are tired of renting? Some Chicago renters found themselves frustrated during this week’s extreme cold front. Mayor Rahm Emmanuel cracked down on landlords who violated the city’s heat ordinance to maintain at least 68 degrees

There are two types of people: Those who watch the Super Bowl for the commercials, and those who know the difference between a 4-3 defense and a nickel formation. If you’re in the former category, you might be interested

Between 2013 and 2016, Chinese firms ramped up capital outflows to invest in more stable, lucrative markets, with American real estate among the most prized asset types. But the Chinese government has intervened to reduce foreign investment in an

Whether it’s getting back to the basics, finding their niches or creating a lasting real estate career, coaching is key for agents. At Chicago Agent Magazine’s Accelerate Summit, five managing brokers will discuss how they develop and implement strategies

Federal Reserve Chairman Jerome Powell sent the strongest signals yet that the central bank would hold off on raising the key federal funds rate, implying that consumer interest rates like those on home loans may not rise much higher

The White House has made a strong push in recent months for reform at Fannie Mae and Freddie Mac, two government-sponsored enterprises that work to stabilize the U.S. mortgage market. However, the administration’s plans for how exactly it would

  It can be difficult to get the attention of local media and business journalists, but this type of “earned media” can be more helpful to your business than traditional advertising and marketing techniques. That’s why organizers of Chicago

A candidates’ forum Monday at a South Loop diner gave eight mayoral hopefuls a chance to sound off on all things real estate. The event, hosted by the Chicago Association of Realtors, drew about 100 real estate industry attendees

Tourists and locals alike flock to Michigan Avenue daily to see the glassy Apple Store located by the Chicago river. The 20,048- square-foot store, shaped deliberately like a Macbook, has just been sold to Invesco for roughly $79 million.

Homebuilders today are finding their business prospects increasingly pressured by higher costs for materials and skilled labor. Those costs — and financial strain — inevitably trickle down to real estate developers, homebuyers themselves and even the real estate agents

The residential property market continues to look better for prospective buyers as the trend of falling prices extends into the new construction segment. In the fourth quarter of 2018, according to data from Zillow, more than a quarter of

Sterling Bay’s Lincoln Yards project just got one big step closer to becoming real. The Chicago Plan Commission unanimously approved the developer’s proposal for the sprawling riverfront development between Bucktown and Lincoln Park. The approval leaves few remaining hurdles in

While the broader U.S. financial market has struggled to recover from a sudden drop in stock prices near the end of 2018, shares of major homebuilders have made big gains. The Wall Street Journal reported that since the start

Statewide home sales in December were down dramatically. Home sales statewide are down 14.7 percent since last December, according to a new report from Illinois Realtors. That’s the largest percentage decrease from one December to the next since the

The most recent existing home sales report from the National Association of Realtors found sales volumes decline on both a monthly and annual basis in the final weeks of 2018. December home closings touched their lowest annual rate since