IMOVE BLOG
  • iMove Chicago
  • Real Estate School
  • Laws
    • CRLTO >
      • 5-12-010 Title, Purpose And Scope.
      • 5-12-020 Exclusions.
      • 5-12-030 Definitions.
      • 5-12-040 Tenant Responsibilities.
      • 5-12-050 Landlord’s Right Of Access.
      • 5-12-060 Remedies For Improper Denial Of Access.
      • 5-12-070 Landlord’s Responsibility To Maintain.
      • 5-12-080 Security Deposits.
      • 5-12-081 Interest Rate On Security Deposits.
      • 5-12-082 Interest Rate Notification.
      • 5-12-090 Identification Of Owner And Agents.
      • 5-12-095 Tenants’ Notification of Foreclosure Action.
      • 5-12-100 Notice Of Conditions Affecting Habitability.
      • 5-12-110 Tenant Remedies.
      • 5-12-120 Subleases.
      • 5-12-130 Landlord Remedies.
      • 5-12-140 Rental Agreement.
      • 5-12-150 Prohibition On Retaliatory Conduct By Landlord.
      • 5-12-160 Prohibition On Interruption Of Tenant Occupancy By Landlord.
      • 5-12-170 Summary Of Ordinance Attached To Rental Agreement.
      • 5-12-180 Attorney’s Fees.
      • 5-12-190 Rights And Remedies Under Other Laws.
      • 5-12-200 Severability.
    • Illinois Eviction Law (Forcible Entry And Detainer)
    • Illinois Security Deposit Return Act
  • Today's Cool Thing
  • Social Media
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • Flipboard
    • Linkedin
    • Tumblr
    • Mix

What does the pullback in pending home sales mean for the housing market?

8/31/2021

0 Comments

 
Picture
National Association of Realtors releases latest report

Home sales based on contract signings have continued to decline for the second straight month – a sign that the red-hot housing market could be cooling off, according to the National Association of Realtors.

NAR's Pending Home Sales Index (PHSI), released Monday, showed a 1.8% month-over-month drop in July to a reading of 110.7. Year over year, the index was down by 8.5%.

"The market may be starting to cool slightly, but at the moment, there is not enough supply to match the demand from would-be buyers," said NAR chief economist Lawrence Yun. "That said, inventory is slowly increasing, and home shoppers should begin to see more options in the coming months."

Yun noted that homes listed for sale are still seeing strong demand, "but the multiple, frenzied offers – sometimes double-digit bids on one property – have dissipated in most regions."

He added that even in a somewhat calmer market, about 27% of homebuyers still choose to waive appraisals and inspections to speed up the home buying process.
​
Broken down by regions, the Northeast PHSI posted a 6.6% decline to 92, Midwest PHSI dropped 3.3% to 104.6 last month, and the South index dipped 0.9% to 130.9. Meanwhile, pending home sales in the West increased 1.9% to 99.8% in July.



0 Comments

Mid-month increase in forbearances

8/30/2021

0 Comments

 
Picture
Despite the uptick, economist says there is still "opportunity for modest improvement"

The number of active forbearance plans increased once again, a typical mid-month trend, according to Black Knight's latest report.
 
As of August 24, there are 1.76 million borrowers who are still in pandemic-related forbearance plans, including 1.9% of GSE, 5.8% of FHA/VA, and 4.1% of portfolio-held and privately securitized mortgages.

Data from Black Knight's forbearance tracker also showed that the overall number of active forbearances rose by 12,000 over the week – driven by a 10,000 spike in portfolio/PLS loan forbearances. FHA/VA volumes posted a 3,000 increase, with GSE plans (-1,000) seeing the week's only decline.

"This puts plan volumes down 132,000 (-7%) from the same time last month," Andy Walden, economist and director of market research at Black Knight, wrote in a blog post. "More than 150,000 plans are slated for review for extension or removal through the final week of August, so there is still some opportunity for modest improvement yet this month."

​The number of reviews climbed to nearly 670,000 for September, with 415,000 set to expire based on current allowable forbearance term lengths.

"How those exits manifest themselves will tell us a great deal about what we might expect for the remainder of 2021," Walden said.



0 Comments

Fed signals impending end of low-rate policies

8/30/2021

0 Comments

 
Picture
The move remains contingent on certain economic factors

The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Friday, signaling the beginning of the end of the Fed's extraordinary response to the pandemic recession.

In a speech given virtually to an annual gathering of central bankers and academics, Powell said the economy had improved significantly this year, with average hiring in the past three months reaching the highest level on record for any similar period before the pandemic. Fed officials are monitoring the rapid rise in infections from the delta variant, he said, but they expect healthy job gains to continue.

The Fed has been buying $120 billion a month in mortgage and Treasury bonds to try to hold down longer-term loan rates to spur borrowing and spending. Powell's comments indicate the Fed will likely announce a reduction – or “tapering” – of those purchases sometime in the final three months of this year. Most economists expect the announcement in November, with tapering actually beginning in December.

Powell stressed that the Fed's tapering of its bond purchases does not signal that it plans anytime soon to start raising its benchmark short-term rate, which it's kept near zero since the pandemic tore through the economy in March 2020.

​Rate hikes won't likely begin until the Fed has finished winding down its bond purchases, which might not occur until mid-2022. Powell said the Fed would need to see much further economic improvement before it would begin raising its key rate, which influences many consumer and business loans.

“We have much ground to cover to reach maximum employment, and time will tell whether we have reached 2% inflation on a sustainable basis,” Powell said, referring to the Fed's target inflation rate.

Inflation is much higher than 2% now, Powell acknowledged, but he underscored his view that the current price spike is temporary. He warned that history shows that raising rates too soon, in response to temporary price increases, can weaken hiring and hurt the unemployed.

Such comments bolstered the notion that the Fed is still a long way off from raising its benchmark short-term rate.

“If anything this was a calming speech,” said Brian Bethune, an economist at Boston College. “There's nothing here in the short run that will stampede interest rates higher.”

Over time, the end of the Fed's bond-buying could put upward pressure on borrowing costs for mortgages, credit cards, and business loans. As Powell spoke Friday, though, the yield on the 10-year Treasury note, which closely influences the 30-year mortgage rate, declined to 1.32% from 1.34% Thursday.

Stock investors, too, appeared to welcome Powell's message of a gradual withdrawal of the Fed's economic support and his view that surging inflation pressures will likely prove temporary. The Dow Jones Industrial Average rose a sharp 230 points, or nearly 0.7%, several hours after the Fed chair spoke.

“Markets appreciate that there is a different test for raising rates than there is for tapering, and any communications on tapering don't have any direct effect on raising rates,” said

That marks a sharp contrast with 2013, when Ben Bernanke, then the Fed chair, triggered what came to be known as the “taper tantrum” by unexpectedly suggesting that the Fed would soon reduce an earlier round of bond buys _ a remark that sent longer-term rates spiking. The jump in rates occurred partly because investors thought the beginning of a taper meant that rate hikes were close behind, which turned out not to be true.

On Friday, Powell said inflation has risen enough to meet the test of “substantial further progress” toward the Fed's goal of 2% annual inflation over time, which was necessary to begin tapering. There has also been “clear progress,” he said, toward the Fed's goal of maximum employment. He spoke via webcast to the Jackson Hole Economic Symposium, which is being held virtually for a second straight year because of COVID-19.

But Powell suggested that while inflation has surged, causing difficulties for millions of Americans, the price acceleration should ease once the economy further normalizes from the pandemic and supply shortages abate.

If the Fed were to reduce its stimulus “in response to factors that turn out to be temporary,” the Fed chair cautioned, “the ill-timed policy move unnecessarily slows hiring and other economic activity and pushes inflation lower than desired.”

Powell also noted that while average wages have risen, they haven't increased enough to raise fears of a “wage-price spiral,” as occurred during the ultra-high-inflation 1970s.

“Today,” he said, “we see little evidence of wage increases that might threaten excessive inflation.”

If anything, Powell said, the factors that helped keep inflation super-low for years before the pandemic –  the growth of online retail, lower-cost goods from overseas, slowing population growth – could re-emerge as the pandemic fades.

Yet Powell's comments served to underscore what looks like a divide on the Fed's policymaking committee between himself, along with other officials such as Fed Governor Lael Brainard who favor patience in reversing the low-rate policies, and other policymakers who are pushing for a taper to begin soon so that a rate hike could quickly follow, if needed.

“Let's start the taper, and let's do it quickly,” Raphael Bostic, president of the Federal Reserve Bank of Atlanta, said early Friday on CNBC before Powell's speech. Bostic said he expects the central bank to raise rates in late 2022 – earlier than the average among all Fed policymakers, who project the first rate hike in mid-2023.

Bostic and some of his fellow Fed regional bank presidents, including Jim Bullard of the St. Louis Fed, Robert Kaplan of the Dallas Fed and Eric Rosengren of the Boston Fed, say they worry that high inflation will persist longer than Powell appears to believe. Some of these Fed bank presidents report that business people they speak with say they're continuing to raise prices to offset their own higher costs for wages and parts.

A sharp jump in inflation has put the Fed's ultra-low-rate policies under growing scrutiny, both in Congress and among ordinary households that are paying more for food, gas, and hotel stays. Inflation, according to the Fed's preferred gauge, rose 3.6% in July compared with a year earlier, the biggest increase in three decades. The month-to-month increase, however, slowed from 0.5% to 0.3%.
​
Complicating the Fed's decision-making, the resurgence of the pandemic has confounded the Fed’s expectations that the economy and job market would be on a clear path to improvement by this fall. The delta variant could slow spending in such areas as air travel, restaurant meals and entertainment.

0 Comments

New home purchase market showing signs of fatigue?

8/18/2021

0 Comments

 
Picture
Latest MBA report delivered

New home purchase mortgage applications appear to be slowing down, according to the Mortgage Bankers Association (MBA)

Based on data from the MBA’s Builder Application Survey, the number of mortgage applications for new homes purchases dropped 4% month over month and was down 27.4% year over year on a seasonally unadjusted basis.

Joel Kan, associate vice president of economic and industry forecasting at MBA, said that the decrease is typical during summer when home sales start to moderate.

“Mortgage applications for new home purchases declined in July but did come in at the second-strongest July reading since the inception of MBA’s survey in 2012,” he said. “Furthermore, the average loan size again increased to a new record of $402,440. Homebuilders are still facing elevated building costs and accelerating home-price growth from the continued imbalance between supply and demand.”

MBA estimates new single-family home sales were running at a seasonally adjusted annual pace of 779,000 units in July, up 10.7% from the June rate of 704,000 units. Unadjusted, there were 64,000 new home sales in July, a 3% drop from 66,000 new home sales in June.

“After adjusting for seasonal patterns, our estimate of annualized new home sales showed a jump of more than 10% from June,” Kan said. “The housing market is still extremely competitive, and prospective buyers have increasingly turned to newly built homes because for-sale inventories remain so low.”
​
By product type, conventional loans composed 73.8% of loan applications, FHA loans composed 14.6%, RHS/USDA loans composed 0.8%, and VA loans composed 10.8%. The average loan size of new homes increased from $392,370 in June to $402,440 in July

0 Comments

Home bidding war rate drops to seven-month low this summer

8/18/2021

0 Comments

 
Picture
“Buyers are pushing back”

With home buying conditions slightly improving in the past few months, red-hot bidding wars simmered down to a seven-month low in July.

Redfin reported that 60.1% of home offers written by its agents faced competition, down from a revised rate of 66.5% in June, and a pandemic peak of 74.1% in April. While July’s bidding-war rate was the lowest since January, it’s still higher than the 57.9% bidding-war rate in the same period a year ago.

After months of fierce competition, market conditions continued to normalize as sky-high prices moderated amid an increase in housing supply. However, Redfin noted that competition also tends to ease in the summer after the spring home buying season, so seasonality is another factor at play.

“Competition has started to slow in the last three weeks. We’re now seeing five to eight offers on homes instead of 25, and they’re coming in $5,000 to $10,000 above the listing price instead of $50,000 to $60,000,” said Scott Mercer, a Redfin real estate agent in Sacramento, Calif. “Buyers are pushing back. They’ve even started including appraisal contingencies again and making requests for repairs—things that were pretty much unheard of last year.”

Fort Collins and Orlando were two of the most competitive markets in July. The bidding war rate in Fort Collins was 77.3%, and 77% of offers in Orlando faced competition during the month. Nashville (74.6%), Honolulu (74.1%), and Colorado (73.2%) rounded out the top five metros with the highest bidding war rates.

Sacramento’s – the third-most-popular migration destination in the second quarter – bidding war rate dropped from 77.2% in June to 72.9% in July. Mercer said that the slowdown in Sacramento was mainly driven by the migration of tech workers from the Bay Area.
​
“Sacramento exploded in popularity among remote workers during the pandemic. People coming from San Francisco were like kids in a candy store here because home prices were so inexpensive in comparison. But we’re no longer seeing as big of an influx of those folks, likely because families can finally travel again, and employers are asking people to come back to the office. It will be interesting to see if migration to Sacramento rebounds if the COVID situation continues to worsen,” Mercer said.

0 Comments

Mortgage lenders tighten standards

8/17/2021

0 Comments

 
Picture
But despite the ongoing economic recovery, credit supply remains low
​

Mortgage credit supply increased slightly in July, driven by an uptick in jumbo loan programs.

The Mortgage Bankers Association’s Mortgage Credit Availability Index (MCAI) was up 0.3% to 119.1 in July, indicating lending standards tightened a little compared to June. The index was benchmarked to 100 in March 2012.

“The overall gain was despite another month of pullbacks in high-LTV refinance programs due to GSE policy changes,” said Joel Kan, AVP of economic and industry forecasting at MBA. “The elimination of more high-LTV refinance loans drove most of the 3% drop in the conforming index, but that was somewhat offset by lenders adding new refinance loan programs to help qualified, lower-income GSE borrowers. The bounce back in jumbo credit availability followed a sharp drop in June, as some investors renewed their interest in jumbo ARM loans for cash-out refinances and investment homes.” 

The Conventional MCAI grew 0.8%, while the Government MCAI remained unchanged. Of the component indices of the Conventional MCAI, the Jumbo MCAI rose by 3.8%, and the Conforming MCAI dropped by 3.2%.

“Even as the economic recovery is underway, overall credit supply has remained close to its lowest levels since 2014. Some borrowers are still in pandemic-related forbearance status, and servicers continue to work through possible resolutions for these borrowers,” Kan said.

0 Comments

Has the commercial real estate market fully recovered from pandemic?

8/15/2021

0 Comments

 
Picture
Report reveals strong appetite for REIT and CRE investing

Continued economic recovery is fueling investors’ appetite for commercial space, according to the Nareit T-Tracker report released Thursday.

Earnings of all equity REITs, measured as funds from operations (FFO), grew 19.8% from the first quarter to $16.5 billion in the second quarter – a sign that the FFO of the REIT sector as a whole has fully recovered from pandemic-lows.

“REITs and commercial real estate are experiencing a more complete recovery as the economic reopening continues,” said Nareit senior economist Calvin Schnure. “While the Delta variant raises risks of slower improvement ahead, robust economic growth is spurring demand for commercial space.”

According to the report, about two-thirds of all REITs reported higher FFO in Q2 than a year ago. The retail sector’s FFO rose for the fourth straight quarter in Q2, up 21.4% from Q1. By property types, regional malls saw the largest FFO gain, up 32.5% quarter over quarter to $1.4 billion. Free-standing retail FFO ($806 million) and shopping centers FF0 ($1.03 billion) increased 22.4% and 7.9% during the quarter.

Other sectors heavily hit by the pandemic have also experienced earnings recovery. FFO of lodging/resort REITs increased to $67 million in Q2 after four consecutive quarters of negative FFO, while office REITs increased 37.7% to $2 billion, surpassing pre-pandemic highs. Diversified REITs reported a 20.8% increase in FFO, up to $575 million.

“Real estate sectors supporting the digital economy maintained their strong performance as demand for technology-based commerce and communications continued to grow even as COVID-19 restrictions lift,” Nareit stated in the report.

FFO for the data center sector held steady at a record high of $1.1 billion. Meanwhile, FFO for the infrastructure sector jumped 20.8% to $2.2 billion, and FFO for the industrial sector climbed 11.3% to $1.6 billion.
​
Overall, occupancy rates have recovered more than two-thirds of the decline from pre-pandemic levels, up 180 bps to 92.5% in the second quarter. In addition, REITs made net acquisitions of $16.3 billion, the highest quarterly total since the second quarter of 2015.

0 Comments

US home prices soar at fastest ever rate

8/15/2021

0 Comments

 
Picture
Affordability for first-time buyers is weakening

US home prices rose the most on record in the second quarter as buyers battled for a scarcity of listings.

The median price of an existing single-family home jumped 23% from a year earlier to an all-time high of $357,900, the National Association of Realtors said in a report Thursday. About 94% of 183 metropolitan areas measured had double-digit gains, up from 89% in the first quarter.

Low mortgage rates have stoked the hot US housing market for more than a year, with a shortage of inventory pushing prices ever higher. Buyers are having a hard time finding properties they can afford: Sales of previously owned homes in the US fell for a fourth straight month in May.

“Home price gains and the accompanying housing wealth accumulation have been spectacular over the past year, but are unlikely to be repeated in 2022,” Lawrence Yun, chief economist for the Realtors group, said in the report. “There are signs of more supply reaching the market and some tapering of demand.”

The Northeast region led gains, with a 22% rise. Among metro areas, values rose the most in Pittsfield, a Western Massachusetts town about 40 miles (64 kilometers) from Albany, New York. The median price there was $321,900, up 47% from a year earlier. It was one of 12 areas nationwide with increases of more than 30%.

The only metro area with a decrease was Springfield, Illinois, where prices fell 7%.

The price increases have hit particularly hard for renters looking to become homeowners. Among first-time buyers, the monthly mortgage payment for a loan with 10% down jumped to 25% of income in the second quarter, up from 21% a year earlier, according to the report.

​“Housing affordability for first-time buyers is weakening,” Yun said. “Unfortunately, the benefits of historically low interest rates are overwhelmed by home prices rising too fast.”

​
0 Comments

Rent increases have accelerated faster than anticipated

8/11/2021

0 Comments

 
Picture
Report predicts record-breaking rent increases to be the norm by year-end

National multifamily rent growth rose 1.56% from May to June – nearly double the record 0.88% month-over-month gain seen between April and June, according to Yardi Matrix’s latest report.

“Rent increases have broadly accelerated more quickly than anticipated, and, as such, our forecasts have largely been adjusted upwards during the short term,” Andrew Semmes, senior research analyst at Yardi Matrix, said in the report.

 “Record-breaking rent increases will be the norm across metros by the end of the year, but our longer-term outlook remains largely unchanged. In short—market fundamentals are good, and the strengthening jobs market should support continued longer-term rent growth.”

Data from Yardi’s showed that the rapid growth in multifamily rents was mainly driven by increases in higher-end buildings.

For the May to June period, lifestyle apartment buildings classified as “upper mid-range” increased by an average of 7% since the beginning of the year – more than double the increase seen in the lower tiers (3%).

While workforce housing is not seeing such rent jumps, Yardi said that upward pressure on lower-end wages should provide strong support for continued gains in Class B and C housing as the pandemic recovery continues.

“The delta variant, unfortunately, has the potential to upend individual markets, but with full FDA approval of vaccines expected as early as next month, we should see higher vaccination rates and lower risk of another large negative shock,” Semmes added.

0 Comments

US housing affordability hits decade-low

8/11/2021

0 Comments

 
Picture
Homebuyers continue to suffer as surging construction prices topple records

Given the ever-increasing challenges caused by soaring material costs and low supply, housing affordability is now at its lowest level in nearly a decade.

During the second quarter, 56.6% of new and existing homes sold were affordable to families earning the median income of $79,900. This is down from the 63.1% of homes sold in the previous quarter and the lowest affordability level since 2012, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released Thursday.

“Runaway construction cost growth, such as ongoing elevated prices for oriented strand board that has skyrocketed by nearly 500% since January 2020, continues to put upward pressure on home prices,” said NAHB chairman Chuck Fowke.

The HOI revealed that the national median skyrocketed to a record $350,000 in Q2 from just $30,000 in Q1 – the largest quarterly price hike in the history of the series.

NAHB chief economist Robert Dietz also pointed out that higher lumber costs have added nearly $30,000 to the price of an average new single-family home and raised the rental price of a new apartment unit by more than $90.

Pittsburgh, Pa., was the nation’s most affordable major housing market (defined as a metro with a population of at least 500,000) during the second quarter. Over 90% of all new and existing homes sold in Q2 were affordable to families earning the area’s median income of $84,800.

Meanwhile, Los Angeles-Long Beach-Glendale, Calif., remained the nation’s least affordable major housing market for the third consecutive quarter. Only 8.4% of the homes sold there during the second quarter were affordable to families earning the area’s median income of $78,700.

“Policymakers must address supply chain bottlenecks for building materials that are raising costs and harming housing affordability,” Fowke said
​
“With the US housing market more than one million homes short of what is needed to meet the nation’s demand, policymakers need to focus on supply-side solutions that will enable builders to increase housing production and rein in rising home prices,” Dietz said.
0 Comments
<<Previous


    iMove Chicago

    iMove Chicago is a full service real estate brokerage.  We are comprised of a team of brokers, leasing agents, dedicated support staff and professionals focused exclusively on delivering the results you demand, deserve, and expect. We bring knowledge, dedication and customer service to all we do. We provide you the information you need with accurate, updated listings that are available if posted. You can rely on iMove's professional, experienced team to help you make informed purchase, rental or sale decisions. At iMove Chicago, we believe that results matter and knowledge delivers.  iMove's team is "bringing Chicago home..."  Together, let's get moving!


    Our Offices

    4422 N Ravenswood Avenue
    Chicago, Illinois 60640


    Ph.  773.856.6200
    Fx.   773.856.6201


    Rusty Payton, EzineArticles Basic Author

    iMove

    Categories

    All
    1601 W Chase Unit 2e
    #1 Im Chicago Real Estate
    2012 Interest Rate
    2800 Lake Shore Drive Apartment For Rent
    $31 Million Apartment
    5415 N. Sheridan Chicago
    Agents
    Agent Safety
    Andersonville
    Andersonville Apartments
    Andersonville Condo Purchase
    Andersonville Farmer's Market
    Andersonville Midsommerfest 2012. Chicago Apartments
    Andersonville Real Estate
    Andersonville Shops
    Andersonville Summer Festival
    Andersonville Wine Walk
    Ann Sather Edgewater
    Apartment Demand Slows
    Apartment Rentals In Andersonville
    Apartments For Rent
    Apartments In Andersonville
    Apartments In Edgewater
    Appeal Chicago Real Estate Taxes
    Art In Andersonville
    Asia On Argyle
    At Properties
    Avondale
    Bark In The Park
    B&B Chicago
    Bed And Breakfast Chicago
    Belly Card Chicago
    Bike Chicago 2012
    Bloomingdales
    Bongo Room
    Breakfast In Edgewater
    Bucky Gear
    Burner App
    Business Card Design
    Buy Owner Closes
    Carbon Monoxide Detectors In Chicago
    Certified Fund To Close
    Chase Bank
    Chicago
    Chicago Apartment
    Chicago Apartments
    Chicago Apartments And Satellite Dish Ordinance
    Chicago Apartments For Rent
    Chicago Apartment Vacancy Rates
    Chicago Bed Bug Ordinance
    Chicago Bed Bugs
    Chicago Building Data
    Chicago City Sticker 2012
    Chicago Farmer's Markets
    Chicago Fire At Park Tower
    Chicago Floor Plans
    Chicago Foreclosure
    Chicago Gangs
    Chicago Lakefront
    Chicago Lease Form
    Chicago Library Edgewater
    Chicago Loan Modification
    Chicago Lofts
    Chicago Neighborhoods
    Chicago Parking Meters
    Chicago Parking Spaces
    Chicago Police District Map
    Chicago Property Tax Assessment Appeal
    Chicago Property Taxes 2015
    Chicago Real Estate Agents
    Chicago Retail Stores
    Chicago Service Dogs And Renting
    Chicago Street Sweeping Schedule
    Chicago Summer Festival Guide
    Chicago Swimming Pools
    Chipotle
    Chris Feurer
    City Sticker
    Coldwell Banker
    Comunity Alert
    Condominium Assessment Post Foreclosure
    Credit Card Surchaege
    Credit Report
    Credit Reports
    Crlto
    Cta
    Dalai Lama
    Debtor's Prison
    Dogs
    Edgewater
    Edgewater Community Council
    Edgewater Gay
    Edgewater Library
    Edgewater Lofts
    Elmwood Park Single Family Home
    Eminent Domain And Mortgage Seizure
    Erickson Ocasio Imove Chicago
    Esgewater
    Fico Score
    Foreclosure
    Foreclosure Information For Renters
    Great Dane
    Halloween In Chicago
    Hamilton's Bar & Grill
    Hamp
    Haunted House
    High Rise Fires
    Homes For Under $200 Month
    Homestead Exemption
    Hot Dogs. Huey's Andersonville
    Hotel Chateau Chicago
    Hotels Skokie Evanston B&B
    Housing Recovery
    I-go Cars
    Illinois Community Association Manager Licensing
    Illinois Loan Modification
    Imove Chicago
    Imove Chicago Agents
    Interest Rate On Security Deposits
    Interviewing Agents
    Jameson
    Jameson Real Estate
    Jameson Sotheby
    Joe Berrios
    Jumbo Mortgage Rates
    Keller Williams
    La Fitness Edgewater
    Lakeview Chicago Apartments For Rent
    Landlords
    Lease Break
    Leasing Agents
    Liability Insurance
    Lincoln Park
    Lincoln Park Chicago Apartments For Rent
    Lincoln Park Single Family Home For Rent
    Loan Modification
    Loan Modification Scam
    Loft Chicago
    Loft Living
    Lofts
    Lofts For Rent
    Logan Square
    Loop And Downtown Chicago Apartments For Rent
    Loyla
    Loyola Student Housing
    Machael Sato
    Michael Sato
    Mobile Do Not Call List
    Mortgage Fraud
    Movies Inthe Park 2012
    National Bank
    News
    Old Town Chicago Lofts For Rent
    Online Marketing Chicago Real Estate
    Panera
    Parade Route
    Parking
    Parking In Andersonville
    Parks
    Phone Apps
    Planter Heads Mag Mil
    Property Of The Week
    Property Tax Bills 2012
    Property Taxes
    Property Taxes Too High
    Prudential Rubloff
    Ranjha V Bjbp
    Real Estate
    Real Estate Sales In Chicago
    Real Estate School
    Real Estate School Chicago
    Real Estate Taxes
    Realtor Prortraits
    Recycling
    Rental Market In Chicago
    Renter
    Renter's Insurance
    Renters Right To Install Satellite Dish
    Rent Increases
    Renting
    Rent Vs. Own
    River North Chicago Apartments For Rent
    River West Chicago Apartments For Rent
    Rogers Park
    Rogers Park Apartments
    Rogers Park Chicago Apartments For Rent
    Rogers Park Map
    Rogers Park Neighborhood Of The Year
    Roost Chicago
    Sales
    Sales Tips
    Section 9(g)(4) Illinois Property Condominium Act
    Security Deposits
    Selecting An Agent
    Sheridan Road Apartments
    Shoplifting
    Shopping Mag Mile Places To Stay
    Single Family Homes For Rent In Evanston
    Single Family Homes For Rent In Lakeview
    Single Family Homes For Sale In Edgewater
    Single Family Homes In Andersonville For Sale
    Sliders
    Social Media And You
    Solutions To The Parking Meter Mess
    South Loop Chicago Apartments For Rent
    Square And Imove
    Staging
    Starbucks
    Starbucks Edgewater Shipping Containers
    Strreeterville Chicago Apartments For Rent
    "three Dog Night"
    Trader Joe's Andersonville Edgewater
    Trulia
    Twitter For Business In Chicago
    Uptown
    Urban Living
    Vacancy Rates In Chicago
    Virgin Mobile Andersonville
    White Castle Food Truck
    Wicker Park
    Wilson Red Line Uptown
    Working With A Rental Agent
    Yelp
    Zebras

    Archives

    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    April 2015
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    November 2011
    May 2011
    March 2011
    February 2011
    September 2010
    August 2010
    July 2010
    April 2010
    March 2010
    December 2009
    September 2009
    August 2009
    July 2009
    June 2009
    May 2009
    March 2009

Powered by Create your own unique website with customizable templates.
  • iMove Chicago
  • Real Estate School
  • Laws
    • CRLTO >
      • 5-12-010 Title, Purpose And Scope.
      • 5-12-020 Exclusions.
      • 5-12-030 Definitions.
      • 5-12-040 Tenant Responsibilities.
      • 5-12-050 Landlord’s Right Of Access.
      • 5-12-060 Remedies For Improper Denial Of Access.
      • 5-12-070 Landlord’s Responsibility To Maintain.
      • 5-12-080 Security Deposits.
      • 5-12-081 Interest Rate On Security Deposits.
      • 5-12-082 Interest Rate Notification.
      • 5-12-090 Identification Of Owner And Agents.
      • 5-12-095 Tenants’ Notification of Foreclosure Action.
      • 5-12-100 Notice Of Conditions Affecting Habitability.
      • 5-12-110 Tenant Remedies.
      • 5-12-120 Subleases.
      • 5-12-130 Landlord Remedies.
      • 5-12-140 Rental Agreement.
      • 5-12-150 Prohibition On Retaliatory Conduct By Landlord.
      • 5-12-160 Prohibition On Interruption Of Tenant Occupancy By Landlord.
      • 5-12-170 Summary Of Ordinance Attached To Rental Agreement.
      • 5-12-180 Attorney’s Fees.
      • 5-12-190 Rights And Remedies Under Other Laws.
      • 5-12-200 Severability.
    • Illinois Eviction Law (Forcible Entry And Detainer)
    • Illinois Security Deposit Return Act
  • Today's Cool Thing
  • Social Media
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • Flipboard
    • Linkedin
    • Tumblr
    • Mix