News / Features

Shrinking inventory slowed Illinois home sales during March

In March, 10,024 homes sold in Illinois: the lowest number seen since 2008, according to new data from Illinois REALTORS®.

@properties and Christie’s International Real Estate opt to settle broker-commission lawsuits

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.

CoStar Group acquires 3D capture company Matterport

CoStar Group Inc., a global real estate information marketplace, will acquire Matterport, which pioneered the development of “digital twins”: the 3D capture method which can deliver photorealistic, virtual home tours.

Chicago Gen Z-ers on track to own before age 30

The step from renting to owning is not a step, exactly. It’s a leap. And that financial leap is smaller for Gen Z living in Chicago, according to a new study from RentCafe.

Drussy Hernandez to step down as president of the Chicago Association of REALTORS®

Erika Villegas will move into the role of CAR president.

High suburban prices appear here to stay

Chicagoland suburban prices were up 9.3% year over year during March, continuing a steady climb — with no signs of slowing, according to the Mainstreet Organization of REALTORS®.

MRED votes to remove term limits for its Board of Managers

MRED’s parent company MLSNI would still need to approve the change before it becomes official.

After four months of growth, builder confidence remains flat in April

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

Hailed as a win for NAR, Supreme Court rules against large development fees

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

CENTURY 21 Circle acquires CENTURY 21 1st Class Homes

CENTURY 21 Circle recently acquired CENTURY 21 1st Class Homes, a Schaumburg office led by Carol Mellander.

Remembering Cook County Clerk Karen Yarbrough

Cook County Clerk Karen Yarbrough passed away recently. We here at Chicago Agent remember her as a friend of the magazine.

These 7 Chicago suburbs are among best places to raise a family

Illinois has some ideal places to raise a family, according to a new ranking. Specifically, seven Chicago suburbs.

DOJ can resume its antitrust investigation into NAR, appeals panel rules

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

Chicago named a top city for fixer-upper savings

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

Leo Pareja takes over as CEO of eXp Realty

Pareja replaces former CEO Glenn Sanford, who will maintain his roles as founder, chairman and CEO of eXp World Holdings.

After fallback, millennials surge to make up the largest share of homebuyers

Millennials surpassed baby boomers to make up the largest share of homebuyers last year, according to NAR’s latest Home Buyers and Sellers Generational Trends report.

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