Managing Partner, Matthew Farrell, Inaugurated as 130th President of Chicago Association of REALTORS®
Chicago, IL - September 26, 2013; Urban Real Estate is proud to announce that managing partner, Matthew Farrell, was inaugurated as the President of the Chicago Association of REALTORS® (CAR) Wednesday night, term to begin on October 1, 2013. Farrell becomes the 130th president of CAR, one of the youngest presidents in the history of the association. The 130th Inaugural Gala, held at the all-glass triangular luxury Swissôtel in Chicago’s New East Side neighborhood, saw over 700 industry leaders in attendance, including 40 agents and guests from Farrell’s own Urban Real Estate brokerage. Michael Emery, a partner at Urban Real Estate, presided over the installation and swearing in of the new directors for the board.
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Chicago Magazine & HousingWire Present Chicago's Top 12 Suburbs
Chicago Magazine and HousingWire recently compiled a list of the best Chicago suburbs to live in
, basing their results on variables such as homes, education, crime, and city life.
Urban's Managing Broker and president of the Chicago Association of REALTORS®, Matt Farrell, spoke with HousingWire about the effects the 2013-14 winter had on the real estate market in Chicago saying, "The market is booming, with extremely low inventory levels and high buyer demand causing bidding wars and fast market times. It’s amazing how much the marketplace has turned from a few years back."
In regards to the coming spring season, Matt added that "Buyers are ready to move and as homes come on the market, they are aggressively making their best offers. Median pricing is up, signaling a strong market on the rise. As sellers get their homes show-ready for a spring market, we believe these homes, too, will move quickly, if priced right."
Posted March 21, 2014 at 11:03am
Chicago Tribune Speaks to Matt Farrell Regarding Changes to Security Deposit Requirements
Urban Real Estate's Managing Broker and President of the Chicago Association of REALTORS®, Matt Farrell, spoke with the Chicago Tribune about CAR's advisement to Chicago landlords to stop requiring security deposits
. "We were starting to feel like our members were at risk. We haven't been able to change the (ordinance) yet, so we're taking steps to protect (landlords.)"
Posted February 24, 2014 at 8:14pm
Matt Farrell Speaks with FOX Chicago 32! (VIDEO)
Managing Broker and President of the Chicago Association of REALTORS® Matt Farrell recently spoke to Fox Chicago 32
about Chicago rent prices and how the 3.2% nationwide increase will affect the renter in 2014.
Posted January 14, 2014 at 1:50pm