Local News

Real estate news in Atlanta

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.

Annual Illinois home sales dipped but rose in December at year-end

Despite an increase in December home sales, annual sales were down as 2024 came to a close in both Illinois and Chicagoland. The new data comes from Illinois REALTORS®.

Home prices rose in all major cities in 2024, including Chicago

For the first time in two years, home prices are on the rise in every major metro and Chicago is one of them, according to a new Redfin report. 

Detached sales slipped in the suburbs, attached sales rose: 2024 in review

The number of detached homes sold in Chicagoland suburbs decreased in 2024, while prices continued to climb, according to new data from the Mainstreet REALTORS®. However, attached home sales rose.

Chicago ranks high among best cities in the world

Once again, Chicago ranks among the best cities in the world, according to Time Out magazine’s annual list. This time, the Second City came in at No. 11.

This Chicago suburb ranks among the top travel destinations worldwide

Illinois’ own Oak Park came in at No. 48 on Travel Lemmings’ list of world’s top 50 travel destinations.

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