Illinois is the 18th-best state to live in the country, according to WalletHub’s 2021 Best States to Live In list. 

Although pending sales are up 29% from last year, they are starting to slow down, dropping 9.7% from their peak four weeks ago.

Some cities fared better than others with the global pandemic and Chicago is one of them, according to The Economist’s 2021 Livability Index’s ranking of the most livable cities in the world.

Rising property values had homeowners cashing out of their existing residences to buy bigger homes in less-expensive areas last year.

High-end home sales surged in the three months ended April 30 as prices also rose and listings increased.

Houses in today’s market are selling in days, and Chicago sellers wanting the best chance for a quick sale should list on a Thursday before Labor Day, according to a new analysis from Zillow. 

Home-price growth remained in double digits for the 10th straight month in May as inventory lows pushed the median listing prices up 15.2% from last year.

Of the 99 million residential properties in the U.S., approximately 1.4 million (or 1.4%) are vacant this quarter, with “zombie” home rates increasing both quarterly (21%) and annually (5.6%).

First-time homebuyers found their long-term plans changed due to COVID.

The limited inventory that has plagued the housing market continued, although at an abated pace.

An analysis of 10 years of home sales found the spring and summer months offer the most gains for sellers, particularly the month of May.

Whether they’re still weary of going to a gym full of people or just looking to work off those extra pandemic pounds in privacy, homebuyers are increasingly prioritizing home exercise rooms.

Americans believe it’s a much better time to sell a home than to buy one, according to Fannie Mae’s latest survey of home purchase sentiment.

Listing keywords associated with families and children, like community pools, nearby parks and cul-de-sacs, led to both faster-than-expected sales and higher premiums.

To update you on all the exciting new changes in the luxury market, we went directly to the source: luxury brokers. With much candor, they reveal how the market held up this past year, the types of properties that are moving, how the city compares to the suburbs, buyers’ evolving needs and their exciting predictions for the post-COVID world.

Privately owned housing starts jumped 19.4% from February’s revised estimate to a seasonally adjusted annual rate of 1,739,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development