At World Properties LLC, the Chicago-based company that owns @properties and Christie’s International Real Estate, has agreed to settle all claims brought by sellers relating to broker commissions.

The survey also revealed that 22% of builders cut home prices this month, down from 24% in March and 36% in December.

NAR and other housing groups backed the lawsuit and submitted statements to the justices.

An appeals panel ruled the DOJ could resume its antitrust investigation into NAR. 

Chicago is one of the best cities in the country to save and make money on a fixer-upper, a new report found.

What will change for Realtors under the NAR settlement? Katie Johnson explains.

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.