By the “50/30/20 rule,” it costs $93,999 per year to live comfortably in the Windy City, according to GOBankingRates.

October’s increase comes as inflation slows and mortgage rates decline. 

Roughly 50 days since the new rules took effect on Aug. 17, dozens of agents and managing brokers have shared a business-as-usual sentiment with Chicago Agent.

More sellers are putting their homes on the market as mortgage rates fall significantly for the first time in two years.

The Mainstreet Organization of REALTORS® installation ceremony took place at Dinolfo’s Banquets in Homer Glenn on Sept 12.

On Sept. 4, the North Shore-Barrington Association of REALTORS® held a black-tie optional induction ceremony at Ravinia Tree Top. Between 150 and 175 people attended.

On Sept. 20, CAR hosted its 141st Inaugural Gala at the Hilton Chicago, inducting new officers and board members. Over 350 people attended.

More than 300 Realtors and their guests attended the black-tie event.

The Chicago City Council has signed off on Slim, a 37-story apartment coming to Lincoln Park at 1565 N. Clybourn Ave.

In Winnetka, $305,992 is the minimum income to be considered “middle class,” according to GOBankingRates. In Hinsdale, it’s $253,653.

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

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

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.

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

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

Rate introduced its Spanish-language mortgage process in 2022.