Illinois recorded 9,950 homes sales in November, up 2.8% from the 9,681 sold one year earlier. According to data from Illinois Realtors, the 20,863 homes available for sale statewide last month represented a 2.3% increase from the 20,401 available homes in November...
NAR’s image problems, the Chicago mayor’s learning curve and political tumult in Canada. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 16-20. Miss: Welcome to Spin City. The National Association of Realtors (NAR) has...
A Chicago-area real estate developer was sentenced to nearly 13 years in prison and ordered to pay more than $5.9 million in restitution for his role in a conspiracy that embezzled millions of dollars from the failed Washington Federal Bank for Savings in Chicago....
Chicago Mayor Brandon Johnson has responded to pressure from City Council members and his constituents by dropping his effort to raise property taxes as a strategy for covering the city’s $1 billion deficit. WTTW reported Johnson informed City Council members on...
Chicago Mayor Brandon Johnson abruptly called off today’s City Council vote on his 2025 budget after failing to secure support for his latest property tax proposal. According to combined media reports, the mayor’s original proposal of enacting a $300 million property...