National News
NAR will prohibit offers of broker compensation or commission on the MLS.
U.S. home prices are 24 times higher than they were in 1963 — while overall inflation is just 10 times higher.
Two Illinois towns topped a recent ranking of the most desirable places for households with a yearly income of $75,000 to buy: Champaign and Peoria.
Willis previously served as Keller Williams president from 2002 to 2005 and CEO from 2005 to 2015.
NAR President Kevin Sears also raised concerns about Biden Administration regulations that could create hurdles to affordability.
If your buyer is having a hard time moving on from 2021 and accepting the reality of today’s rates, a history lesson may help.
In January, just 130,475 new properties were listed in Chicagoland. That’s the lowest monthly number seen since data tracking began in 2008.
RE/MAX Legends, which is headquartered in Oakbrook Terrace, has acquired the Roselle-based firm RE/MAX Central.
A recent NAR report details the persistent gaps in homeownership rates among racial groups, particularly for Black buyers.
If it sells for close to the asking price, the sprawling family compound would be the most expensive residential sale in U.S. history.
Months after being found liable in the now-famous Sitzer-Burnett trial, the Berkshire Hathaway affiliate is asking the U.S. Supreme Court to review a ruling related to the case.
The acquisition will bring most of Draper and Kramer’s loan originators and operations and support staff to NAF.
At the same time, the median sales price rose 4.4% to $382,600.
NAR President-elect Kevin Sears will move into the role of president, effective immediately.
The growth in November housing starts was seen across all United States regions, including a notable jump of 16.3% in the South; starts were up 1.4% in the Midwest.
Three real estate CEOs — Victor Ciardelli, Erik Doersching and Thad Wong — explain what needs to happen in real estate for a robust year.