Local News

Real estate news in Atlanta

Statewide home sales fell as inventory and prices rose in August

Illinois home sales fell year over year during August, while median prices and available homes both rose, according to new data from Illinois REALTORS®.

Suburban homes are selling quickly as summer comes to a close

Time on market for detached homes in the Chicagoland suburbs continues to decrease, according to the Mainstreet Organization of REALTORS®.

Michael Jordan mansion lands mystery buyer — after 12.5 years on the market

Michael Jordan’s massive mansion in Highland Park mansion is under contract. This news comes 12 years and six months after the Chicago Bulls star first listed the home.

Fall brings lower mortgage rates, more inventory to market

At a time of year when the real estate market typically experiences seasonal declines, this fall is bringing just the opposite.

NAR’s IOI Summit welcomes real estate’s top tech leaders to Chicago

The two-day conference included more than 20 presentations on how tech is changing real estate.

Rate’s Spanish-language digital platform eclipses 10,000 mortgage applications

Rate introduced its Spanish-language mortgage process in 2022.

CoreLogic: Home-price gains slowed again in July

Specifically, prices rose 4.3% annually after growing by 4.7% in June. 

The top public high schools in Chicago and the suburbs: A side-by-side ranking

Chicago Magazine released two rankings: the best public high schools in Chicago and the best public high schools in the Chicago suburbs.

New study ranks Chicago as the No. 2 relocation destination in the U.S.

Chicago compared favorably to other cities due to its lower cost of living while offering high-level education, jobs and public transportation. 

LaSalle initiative takes shape as Loop office vacancies hit record high

LaSalle Reimagined is projected to cost over $528 million, address 1.4 million square feet of office space and create over 1,000 residential units

Why the time is right for 850 Lake Shore Drive

The Lake Shore Drive conversion project from Crescent Heights has something else besides location working in its favor: Timing.

Illinois home sales, inventory and median prices all increased in July

Home sales, available homes and median home prices all rose across the state in July, according to new data from Illinois REALTORS®.

Chicagoland residential trends hold steady as industry braces for change

Home sales remained steady across the Chicagoland suburbs as the industry prepared for changes in August and beyond, according to the Mainstreet Organization of REALTORS®.

Sellers still have the upper hand in Chicago, bucking national trend

Competition in the housing market is expected to reignite as falling mortgage rates breathe new life into buyers, according to Zillow’s latest report. 

Upcoming changes to Illinois real estate law — beyond the NAR settlement

Rule changes stemming from NAR’s settlement are not the only ones occurring in Illinois. Illinois REALTORS® outlines all the details.

Apartment construction surges nationwide

The influx represents a 9% increase compared to last year and a 30% jump from 2022.

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