Local News

Real estate news in Atlanta

Chicago home sales jump year over year in February 

Nationally, home sales were down 2.6% year over year and up 8.4% month over month, RE/MAX said. 

Suburban home sales resilient heading into spring, but attached units linger on the market

Despite Chicagoland’s ongoing inventory crunch, sales in the suburbs were resilient in February, according to Mainstreet REALTORS®.

When’s the best time to sell a home in Chicago?

If you have a would-be seller close to getting ready to put their home on the market, now’s the time to prepare. 

Home prices drive up down payments in December

The higher down payment amount compared to last year is due to higher home prices, resulting in larger deposits for buyers.

Illinois home sales, prices and inventory all rose in January

Home sales, prices and inventory all rose in Illinois during January, according to new data from Illinois REALTORS®. A total of 7,471 Illinois homes sold in January, a 7% increase year over year. Meanwhile, home stock rose 1.5%, with

Case-Shiller: Home prices hit all-time high for the 19th month in a row in December 

In Chicago, home prices rose 6.6% year over year and 0.19% month over month in December. The annual increase was the second highest in the U.S. after New York. 

Suburban homes are staying on the market slightly longer

Detached homes up were on the market for an average of 56 days, up seven days year over year, according to Mainstreet REALTORS®.

The best neighborhood to buy in might be Rogers Park

The Rogers Park ZIP code of 60626 is worth considering, when you take price growth, active listings and new listings into account.

Illinois still has the second-highest property taxes

According to a new study by WalletHub, the Land of Lincoln has the second-highest property taxes in the nation, behind only New Jersey.

Michael Gobber named Illinois REALTOR® of the Year

Michael Gobber, managing broker and partner of CENTURY 21 Circle in Westchester, was named Illinois REALTOR® of the Year for 2025 by the Illinois REALTORS®.

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Chicago office-to-apartment conversions to increase 28%

Chicago is No. 4 among U.S. metro areas with 3,606 units in its office-to-apartments pipeline.

Illinois REALTORS® details new initiative to build middle housing

Missing “middle” housing. That’s what Illinois REALTORS® aims to address with its new Housing Stability and Affordability Initiative.

How housing inventory has evolved in Chicagoland since 2005

Housing inventory is at the crux of the residential real estate industry and is cited often as the most important factor to a strong 2025.

Colleagues remember Catherine Holbrook of The Laricy Team

Catherine Holbrook, a founding member of The Laricy Team with Americorp., died on Jan. 21 shortly after giving birth to her first child. She was 40 years old.

NAR’s Lawrence Yun projects 6% mortgage rates and home-sales growth this year

Yun shared his predictions Monday during the Chicago Association of REALTORS’® market outlook event.

Bowtie Economist shares insights at Mainstreet event: ‘The economy is fine’

Mainstreet REALTORS® hosts Economic Outlook event in Rolling Meadows.

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