A new bill proposed by Illinois Rep. Mary Flowers, a South Side and southwest suburban Democrat, offers a sweeping blueprint for implementing rent control on a statewide level.  The bill, HB2192, calls for the immediate termination of the Rent Control

It’s not uncommon for couples to work together in real estate. But how do they find time to celebrate their relationships outside of their day-to-day work? High school sweethearts Josh and Magdalena Lybolt have been in business together for

Amid new leadership and a pending class-action lawsuit, big changes at Fannie Mae and Freddie Mac appear to be close at hand. The question now for U.S. lawmakers and stakeholders in the mortgage industry is how to carry out

  Despite a relatively good year for the Chicago-area luxury home market, a decline in the fourth quarter might portend a slowdown in the market in the upcoming months. There was a 1.4 percent increase over the 2017 total

While homebuyers in the U.S. are generally married couples, data from the National Association of Realtors found that 18 percent of homebuyers in 2018 were single women. To drill down more into that demographic, SmartAsset took a look at

Only a few months ago, most economists, mortgage lenders and others who closely track the mortgage market assumed interest rates would continue rising through 2019, driving up the cost of home purchases. But several weeks into the new year,

For years, cities all over the U.S. have sought to promote development as a means to keep housing affordable. In an attempt to do this, cities often engage in “up-zoning”—reducing some zoning restrictions, often around popular transit stops in

It’s widely assumed the process of shopping for a home is easier today than ever, thanks to the proliferation of online search tools and easier access to real estate professionals. But when it comes to succeeding in that search,

After years of houses going for prices above the list value, 2018 saw the biggest drop in years, according to a recent report from Zillow. As of December 2018, 19.4 percent of homes sold above their list prices, the

Last week, as Chicago experienced its coldest temperatures in decades, Candice Payne, a managing broker at 5th Group Realty & Management in Beverly, may have saved lives. More than 100 of Chicago’s homeless were directly exposed to temperatures as

In a year defined by rising home prices, sellers fared well in 2018, according to a new report from Attom Data Solutions. Based on its analysis of public sales records across metro areas with at least 200,000 residents, the

Waste not; want not On the market for $3.475 million, this Alamo, California, home gives a new name to the “reduce, reuse, recycle” mantra. The fireplace mantle had a previous life in a bar on Oakland’s waterfront, and the

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