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Real estate news in Chicagoland

Are you in a weed zone? Dispensary ordinance offers details
Are you in a weed zone? Dispensary ordinance offers details

Mayor Lightfoot's proposed ordinance looks to manage where and when dispensaries can begin selling recreational marijuana in Chicago, complete with a list of "cannabis zones" and one area where sales will not be

Chicago is classified as ‘rent-burdened.’ Here’s what that means.
Chicago is classified as ‘rent-burdened.’ Here’s what that means.

Learn why the National League of Cities put Chicago in this category, rather than a "high-opportunity" or "wealth-pocket city," and what researchers think can be done to turn things

Hinsdale top producer moves to Compass, Coldwell Banker’s new branch managers and more
Hinsdale top producer moves to Compass, Coldwell Banker’s new branch managers and more

Compass snags a top producer Coldwell Banker, which in turn brought on two new branch managers from Baird & Warner. Also, Guaranteed Rate brings on a new marketing exec.

New VP for @properties Streeterville, RE/MAX creates corporate position and more
New VP for @properties Streeterville, RE/MAX creates corporate position and more

A familiar name is stepping up to run @properties' Streeterville office, a former Century 21 exec is back at RE/MAX and

Big hires at Guaranteed Rate and Fannie Mae
Big hires at Guaranteed Rate and Fannie Mae

Sharbel Shamoon announces he's leaving CrossCountry Mortgage, former FDIC chair Sheila Bair joins the government-sponsored lending giant and the Broker Public Portal adds a tech pro from Keller Williams.

Whether city or suburbs, developers still rely on brokers to sell
Whether city or suburbs, developers still rely on brokers to sell

Agents specializing in Chicago may be attracted to some parts of the suburbs as they become more desirable and livable for the newest generation of homebuyers — and vice versa. But it can be difficult to make the

A yes to transfer taxes, with intentions to avoid higher property taxes
A yes to transfer taxes, with intentions to avoid higher property taxes

In her first State of the City address, Mayor Lightfoot says she’s willing to sacrifice her political career to solve Chicago’s budget crisis.

Chicagoland renters suffer higher cost burden than homeowners do
Chicagoland renters suffer higher cost burden than homeowners do

It’s no secret that monthly mortgage costs tend to be less than rent on average. But the differential is also having a dramatic effect on the other side of the spectrum: housing

Why new construction isn’t easing Chicagoland’s inventory problem
Why new construction isn’t easing Chicagoland’s inventory problem

The homebuilder community has regularly offered a succinct answer to the reason for its industry’s sluggishness, generally calling out labor, lumber, laws and land as pain points. But some researchers are poking holes in their assertions of

Visualizing suburban housing market momentum
Visualizing suburban housing market momentum

Which areas of Chicagoland are seeing the highest increases and decreases in median sale

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