Local News

Real estate news in Chicagoland

New VP of education for @properties; BHHS adds to Evanston office count
New VP of education for @properties; BHHS adds to Evanston office count

Thad Wong says now is the right time to invest in agents with a new hire, and Martha King joins Berkshire Hathaway HomeServices

Illinois beats the national dip in sales
Illinois beats the national dip in sales

Existing home sales were down across the country last month, but Illinois saw less of a decrease than many other

Redfin: Housing shortage prompts bidding wars
Redfin: Housing shortage prompts bidding wars

Good news for sellers: Homes on the market under $1 million are receiving multiple offers in desirable cities.

Existing-home sales drop 17.8% in April, but first-timers are coming back
Existing-home sales drop 17.8% in April, but first-timers are coming back

Coronavirus lockdowns disrupted sales in April, but the data shows an increase in new

From passive reaction to seizing the day: How the Chicagoland market is changing
From passive reaction to seizing the day: How the Chicagoland market is changing

Learn how a proactive attitude can solve contract cancellations, as well as uncertainties looming over your clients and the market

Closed, but on duty: Cook County Recorder now processing all docs
Closed, but on duty: Cook County Recorder now processing all docs

After an inability to record condo declarations was revealed to be causing some deals to go south, the agency figured out a way to tackle the problem of non-standard

Purchase applications in Illinois beat out last year’s numbers
Purchase applications in Illinois beat out last year’s numbers

Economists with the Mortgage Bankers Association predict mortgage rates will remain low for the next couple of years, though there is at least one scenario under which they could rise more

Builder confidence up after April drop; signs of rebound emerge
Builder confidence up after April drop; signs of rebound emerge

Builders are feeling more confident this month, a sign that the new-home market may have already hit

Buyer demand remains strong despite pandemic, says new report
Buyer demand remains strong despite pandemic, says new report

RE/MAX’s recently released National Housing Report points to the resiliency of the market amidst coronavirus and economic

Are Chicago’s opportunity zones living up to the hype?
Are Chicago’s opportunity zones living up to the hype?

New data looks at how prices in these areas have increased — or sometimes decreased — over time.

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