NICAR NEWS

Important Election Dates

6/28/2022 GENERAL PRIMARY Important Election Events 2022 Illinois General Primary Election Date Description 3/30/2022 First day for any registered voter within the confines of the United States to make application by mail or in person for an official vote by mail...

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NSBAR IT Tech Support

As part of the NSBAR/NICAR Strategic Alliance, NSBAR’s IT staff is providing NICAR members with FREE phone support.  They have the ability to directly connect to your computer and more times than not they are able to fix the problem for FREE!!! Marty Norkett, NICAR...

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Market Update April 19, 2021

The Heads of Real Estate at companies large and small are all working furiously on their plans on how/where their employees will office as the world opens back up. Many are looking at going to Hybrid or Hub and Spoke approaches maintaining an HQ while offering...

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Market Update March 29, 2021

There was a report that I saw last week that at the height of the COVID lockdown, 40% of the companies surveyed said that they would scale down the amount of office space they would lease in the future. Today that number is down to 14%. Food for thought.

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Attend Lobby Days

Reserve your place for Lobby Days and demonstrate our strength in numbers!   Register today to participate in our most powerful advocacy effort to date, where you will help us show the state’s most prominent leaders that REALTORS® are informed, engaged and stronger in...

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Market Update March 1, 2021

The downtown Chicago market “has been significantly impacted by demand shifts resulting from the coronavirus pandemic,” . “The combination of falling demand and rising supply has pushed vacancy to a record-high 17.7%. That’s led to a near 11% plunge in effective rents...

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Market Update February 8, 2021

Multifamily - eviction moratorium extended till March 31st, rental relief for tenants expected. Over the past 2 weeks, I've had the opportunity to listen to 3 different economists, including KC Conway, CCIM's chief economist. The overarching element of his...

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Market Update January 18, 2021

Illinois Eviction Moratorium Extended to February 2021 for Renters. Landlords must provide a Declaration form to the resident or tenant at least five days prior to the notice of termination of tenancy. If the tenant can establish that he/she/they meet all four...

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