Tag Archives: illinois realtors

In ‘shocker’ of a vote, Chicago transfer tax hike headed for defeat

By | | Uncategorized
Comments Off on In ‘shocker’ of a vote, Chicago transfer tax hike headed for defeat

The key policy item for first-term Mayor Brandon Johnson would have raised an estimated $100 million through a tax hike on real estate sales. Continue reading →

Illinois Supreme Court says Chicago tax hike can move ahead

By | | Uncategorized
Comments Off on Illinois Supreme Court says Chicago tax hike can move ahead

A fiscal watchdog also released a report warning that Chicago leaders may not have studied the issue thoroughly before putting it on the March 19 ballot. Continue reading →

Appeals court rules Chicago transfer tax hike can move ahead

By | | Uncategorized
Comments Off on Appeals court rules Chicago transfer tax hike can move ahead

Voters are set to decide on March 19 whether they want to quadruple the tax buyers pay on real estate purchases above $1.5 million. Realtors say it amounts to a secret tax and rent hike. Continue reading →

Black buyers twice as likely to be denied mortgages due to low appraisals

By | | Uncategorized
Comments Off on Black buyers twice as likely to be denied mortgages due to low appraisals

Black homebuyers are are more likely to be denied a mortgage due to low appraisals while appraisers seemed to value homes higher if the applicant matched the neighborhood’s racial makeup, Illinois Realtors study finds. Continue reading →

Illinois Realtors unlikely to appoint president for 2019 term

By | | Uncategorized
Comments Off on Illinois Realtors unlikely to appoint president for 2019 term

After its president-elect resigned earlier this month, Illinois Realtors will likely do without a president for the 2019 term. Continue reading →

Illinois Realtors president-elect resigns abruptly, cites ‘family’

By | | Uncategorized
Comments Off on Illinois Realtors president-elect resigns abruptly, cites ‘family’

Illinois Realtors said Wagner had cited “the need to spend more time with family and focus on his job” in his resignation letter on Monday. Continue reading →