Local News

Real estate news in Chicago

Illinois home sales are up despite low inventory

Despite sparse inventory, statewide home sales were up year over year during January, according to new data from Illinois REALTORS®.

Chicago’s ‘most’ — and ‘least’ — expensive ZIP codes may surprise you

Comparing each ZIP code’s median home price to its median household income presents a surprising picture of Chicago real estate.

Chicago No. 2 in the nation for net migration among Gen Zers

In 2022, the top net migration cities among Gen Zers were Washington, D.C., Chicago and Boston. 

Luxury home prices hit all-time high; record number cash sales recorded

Redfin points to surge in prices, new luxury listings and a boost in sales as affluent homebuyers and sellers show increased activity.

Welcome to the second annual Who’s Who in Lake Geneva Residential Real Estate

This special edition showcases the top professionals in the residential real estate market — the agents and loan officers who elevate each transaction so every client can relax.

What a $100,000 salary gets you in Chicago

What does a $100,000 salary get you in Chicago these days? Not much, according to new research from GOBankingRates.

Daniel Goodwin, who built up Inland Real Estate Group, dead at 80

Daniel Goodwin, chairman and CEO of Inland Real Estate Group, died on Jan. 19, following respiratory issues which led to pneumonia. He was 80 years old.

Chicago home sales increased 6.8%, year over year, in December

As inventory remained tight, both annual and December home sales were down at the end of 2023, according to a new report from the Chicago Association of REALTORS®.

At CAR event, Lawrence Yun predicts four or five interest-rate cuts

NAR Chief Economist Lawrence Yun shared his interest rate expectations at CAR’s recent Market Outlook event.

IDFPR increases real estate licensing fees

The Illinois Department of Financial and Professional Regulation (IDFPR) has increased several real estate license fees.

2023 was a ‘perfect storm’ for the suburbs — but December marked a turnaround

Both detached and attached suburban home prices rose during 2023, 3.2% and 10%, respectively, year over year, according to annual data from the Mainstreet Organization of REALTORS®.

This World’s Fair gem is on the market — and it’s pink!

The aptly named Florida Tropical House is a historic piece of Northwest Indiana real estate. It’s also for sale — sort of.

Power players in Chicago real estate named to SP 200

Several Chicagoland real estate executives were named to T3 Sixty’s Swanepoel Power 200. Check out the list.

Home listings grow as prices stabilize

Home listings grew in December as housing prices stabilized, closing out an interesting 2023 for the real estate market.

Local business groups unite against city’s upcoming transfer tax referendum

The Building Owners and Managers Association of Chicago and other local business groups have filed a lawsuit aiming to block the city’s real estate transfer tax referendum from taking place.

NAR President Tracy Kasper resigns after receiving threat to reveal ‘personal’ matter

NAR President-elect Kevin Sears will move into the role of president, effective immediately.

New Subscribe

  • This field is for validation purposes and should be left unchanged.