As Chicago’s real estate market faces a slow recovery in its commercial sector, one of the city’s leading developers believes this is an ideal time for investors with capital to take a contrarian approach. Sterling Bay CEO Andy Gloor, during an interview on Bloomberg Television’s Balance of Power on Monday, emphasized that the current market […]
The National Association of Realtors (NAR) announced on Monday that Nykia Wright has been appointed as its permanent chief executive. Wright, who had been serving as interim CEO since November, has now officially stepped into the role, marking a significant moment for the organization as it navigates through turbulent times. A Year of Legal and […]
Today, August 17, marks a significant shift in U.S. real estate practices as a class-action settlement addressing industry compensation goes into effect. The settlement introduces new rules affecting the paperwork consumers complete at the beginning of the buying or selling process. These technical changes could substantially shift how agents are compensated, potentially reducing commissions and […]
Apartment residents across the U.S. who enjoyed a reprieve from escalating rent are now facing renewed challenges as rental prices surge once more. After a period of relative stability, several cities in the Northeast and Midwest, such as Kansas City and Washington, D.C., are witnessing notable increases in rental rates this year. Northeast and Midwest […]