The association also hired local governmental affairs directors for Chicago and Cook County.

President Trump’s proposal to ban investment firms from buying single-family homes is unlikely to have a major impact on affordability, observers said.

The nine-term Democrat has been rumored to have his sights on City Hall for over a decade. 

The Federation of Exchange Accommodators recognized the industry veteran for his advocacy for the popular real estate investment tax law provision. 

The Federal Reserve trimmed its federal funds rate from 4% to 3.75% as it seeks maximum employment and inflation of 2%. 

Nationwide, the shutdown costs the country $400 million every day. But some states — particularly those with large shares of government employees and contractors — are feeling the brunt of that cost more than others.

Mortgage insurance premiums on loans backed by the Federal Housing Administration will drop from 0.85% to 0.55% beginning March 20. 

Having passed through the Illinois House of Representatives last April, the state Senate is expected to vote on House Bill 2775 this month — and local real estate agents are urging opposition.

The Justice Department’s original complaint against the National Association of Realtors, filed Nov. 19, 2020, alleges that the association enforced rules and policies that illegally hampered competition in residential real estate services.