The pace of home-price appreciation slowed to its most modest pace since 2023, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. 

Inventory was up statewide and in Chicagoland but down within city limits. 

Chicagoland’s suburban median price for attached homes rose 5% in May, reaching $420,000 — up from $400,000 a year ago, according to data from Mainstreet REALTORS®.

The new executive, Kelly Maggio, takes over from Managing Broker Tom Downing, who has taken on a broader role. 

The agents were ranked in the association’s annual Top 250 Latino Agents Report. 

1Fifteen at Michigan Station, a $48.3 million mixed-use housing development, is set to transform a key corner in Chicago’s Roseland neighborhood, the city announced.

The top six floors of the 10-story building at 111 W. Illinois St. will be converted into 153 market-rate apartments. 

The local organization recognized the Realtors as future leaders of Chicago-area real estate. 

With the additions, Roosevelt Square has opened almost 900 of 2,000 planned mixed-income apartments since work began in 2006. 

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Aaron Wise has joined CrossCountry Mortgage as vice president of mortgage lending, specializing in residential mortgages in the Chicagoland area.

Berkshire Hathaway HomeServices Chicago has expanded its North Region leadership team with the appointment of Keri Cook Falls as sales manager and promotion of Lisa Dean to assistant sales manager. 

Fraud appears in many different forms across various industries, and unfortunately, real estate is no exception.

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

Risa Weiss, managing broker at Kale Realty, has been promoted to vice president of agent development, as part of the brokerage’s strategy to attract, develop and retain high-performing agents.

At the same time, the pace of home sales continued on its downward trajectory.