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Banner Real Estate Group breaks ground on The Faywell multifamily community in downtown Wheaton

Banner Real Estate Group broke ground on The Faywell, a 334-unit multifamily community in downtown Wheaton, after nearly five years of development.

Kayne Anderson Real Estate and JDL Development acquire Lincoln Yards North, rebrand as Foundry Park

Kayne Anderson Real Estate and JDL Development have acquired the development site at 2001 North Southport Ave. — also known as Lincoln Yards North — to be rebranded as the Foundry Park residential community.  

Fannie and Freddie now accept VantageScore 4.0 for mortgage underwriting 

The FICO alternative is expected to greatly expand the number of eligible borrowers by allowing rent and utility payments to count toward a credit score. 

First modular homes under Cook County pilot homeownership program completed 

The residences are located on the 800 block of North Homan Avenue in Chicago’s Humboldt Park neighborhood.

mortgage applications
MBA: Mortgage applications pop as rates fall to three-month low 

Purchase applications hit their highest level since February 2023. 

Kari Wilson

“Be consistent, work hard, be kind, and stay humble.” — Kari Wilson, Team Leader, Real Broker, Naperville and Bartlett

NAR advocacy effort starts with Chicago REALTORS®

2025 REALTOR® Party Director Zeke Morris says the association’s lobbying efforts begin at the local level.

NAR scores major policy wins as real estate advocacy accelerates in 2025

The National Association of REALTORS® racks up policy wins as it cements its role as real estate’s top advocacy group.

Pippion McGriff leads NAR’s push for broker-focused engagement, policy influence

National Association of REALTORS® Vice President of Association Engagement Nykea Pippion McGriff is working to strengthen ties with brokerages and local associations nationwide.

NAR claims real estate wins as House passes One Big Beautiful Bill Act

The National Association of REALTORS® has claimed that the passage of the One Big Beautiful Bill Act in the House delivers significant victories for homeowners and real estate professionals.

The $1.9 million onion-shaped dome home

Observers have compared the domes to onions, bubbles, boba tea, mushrooms and a batch of cinnamon buns, among other similar spheres.

Chicago Housing Scorecard: Starts and inventory continue to rise

Chicago’s housing inventory continues to rise, thanks in part to a boost in new-home construction in the market.

MRED partners with Iowa-based Quad City Area REALTORS® 

MRED’s MLS network now comprises 16 Realtor associations. 

US commissions jump to 5.44% amid cooling housing market

According to a report from Clever Real Estate, the average total commission for U.S. real estate agents is now 5.44%, a rise from 5.32% over the past year, despite the recent broker commission reforms from the National Association of REALTORS®.

NAR: One in five homebuyers considered their pet when choosing neighborhood

Pets aren’t just companions — they’re family. And according to a recent National Association of REALTORS® report, one in five homebuyers actively considered their pet’s needs when choosing a neighborhood.

NAR hails Senate passage of One Big Beautiful Bill Act 

The association said the legislation contains five of its key priorities, including a permanent extension for the mortgage-interest deduction and a temporary quadrupling of the SALT-deduction cap. 

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