Local News

Real estate news in Atlanta

NAHREP: Chicagoland’s top Latino mortgage originators

Saul Pinela is the top-transacting Latino mortgage originator in Chicagoland, according to the annual Top 250 ranking from the National Association of Hispanic Real Estate Professionals.

Mainstreet REALTORS® announces 2026 20 Under 40 honorees

Mainstreet REALTORS® has announced its 2026 20 Under 40 honorees, celebrating emerging leaders in Chicagoland real estate.

NAR: Existing-home sales top expectations in May with 3.2% gain

Inventory rose 3.3% month over month and 0.6% year over year to 1.55 million homes, which equals a 4.5-month supply of unsold inventory, NAR said. 

NAHREP: Chicagoland’s top Latino agents 2026

Jesus Perez is the top-transacting Latino agent in Chicagoland, according to the annual Top 250 Latino Agents ranking from the National Association of Hispanic Real Estate Professionals.

It takes 6.5 years to break even on homeownership in Chicago

Nationwide, it takes six years to break even on homeownership, down from an all-time high of 8.4 years in 2023.

Market for new homes outperforms that of existing ones in April

The median sales price of new homes sold in April rose 8% to $422,500 from $391,100 in March, the U.S. Census Bureau and the Department of Housing and Urban Development reported.

Cotality: Chicago leads US in home-price growth

Home prices continued to rise across the country in March, but the rate of increase slowed yet again, according to the latest S&P Cotality Case-Shiller Home Price Index. 

Judge orders MRED to restore Zillow’s access to listing data amid antitrust lawsuit against MRED, Compass

Midwest Real Estate Data restored Zillow’s access to its licensed listing data May 22 after a federal judge granted Zillow’s request for a preliminary injunction, ordering MRED to reinstate listing feeds to its consumer websites while the companies’ legal

Baird & Warner names sixth-generation family member Lucy Baird, Laura Ellis to executive positions

Baird & Warner has named sixth-generation family member Lucy Baird to chief stewardship officer and vice chair of the board and promoted Laura Ellis to chief revenue officer.  “Stewardship and good governance are at the core of Baird & Warner’s culture and success,” said

Illinois Real Estate Partners joins ERA Real Estate

The Lombard-based brokerage will now do business as ERA Partners. 

Chicagoland home sales, prices gain ground in April as inventory shrinks

The pace of closed sales is only expected to increase through the summer, Illinois REALTORS® said. 

Report: 25% of Chicago homes went pending within 7 days

Homes that sold quickly in Chicago were significantly more likely to go above asking price than those in the broader market in early 2026, according to a Zillow analysis. 

NAR: Pending home sales gain ground in April

Among the top 50 metro areas, Boston and Miami led the pack. 

RE/MAX Premier acquires Villager Realty

RE/MAX Premier has acquired Villager Realty, bringing 20 agents to its Lake Forest office, specializing in residential, luxury and more.

Zillow files antitrust lawsuit against MRED, Compass

Zillow has filed an antitrust lawsuit against Midwest Real Estate Data and Compass over an April agreement to share Compass’s listings through MRED’s private listing network.

Chicagoland luxury market demand holds strong

The market for luxury housing across Chicagoland remains strong despite low inventory, rising construction costs and interest rates still hovering above 6%.

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