Local News

Real estate news in Atlanta

Suburban home prices increased 9.1% in April

Detached homes in the Chicago suburbs now cost a median of $360,000: that’s a $30,000, increase according to the Mainstreet Organization of REALTORS®.

BHHS Chicago agents set a record in Willowbrook

Anna Fiascone and Natalie Ryan of BHHS Chicago recently oversaw a $2,750,000 transaction in Willowbrook: the most expensive home sale in that suburb in the past 10 years.

2 Chicagoland agents make NAR’s 30 under 30

The National Association of REALTORS® recently honored two local agents as part of their annual 30 Under 30 class: Brandon Blankenship and Melanie Miller.

Association CEOs Michelle Mills Clement, John Gormley and Jeff Lasky weigh in on NAR settlement and where we go from here

Agents have been turning to their associations with questions ever since NAR settled in March to end litigation over broker commissions.

Shrinking inventory slowed Illinois home sales during March

In March, 10,024 homes sold in Illinois: the lowest number seen since 2008, according to new data from Illinois REALTORS®.

Chicago Gen Z-ers on track to own before age 30

The step from renting to owning is not a step, exactly. It’s a leap. And that financial leap is smaller for Gen Z living in Chicago, according to a new study from RentCafe.

Drussy Hernandez to step down as president of the Chicago Association of REALTORS®

Erika Villegas will move into the role of CAR president.

High suburban prices appear here to stay

Chicagoland suburban prices were up 9.3% year over year during March, continuing a steady climb — with no signs of slowing, according to the Mainstreet Organization of REALTORS®.

MRED votes to remove term limits for its Board of Managers

MRED’s parent company MLSNI would still need to approve the change before it becomes official.

CENTURY 21 Circle acquires CENTURY 21 1st Class Homes

CENTURY 21 Circle recently acquired CENTURY 21 1st Class Homes, a Schaumburg office led by Carol Mellander.

Remembering Cook County Clerk Karen Yarbrough

Cook County Clerk Karen Yarbrough passed away recently. We here at Chicago Agent remember her as a friend of the magazine.

These 7 Chicago suburbs are among best places to raise a family

Illinois has some ideal places to raise a family, according to a new ranking. Specifically, seven Chicago suburbs.

Chicago named a top city for fixer-upper savings

Chicago is one of the best cities in the country to save and make money on a fixer-upper, a new report found.

Illinois inventory reaches 16-year low while city sales increase

In February, housing inventory in Illinois hit its lowest since 2008, according to new data from Illinois REALTORS®. That’s the year the association began tracking the data.

Chicagoans reject real estate transfer tax changes

If approved, the transfer tax would have increased on transactions worth $1 million or more.

BOMA/Chicago files appeal with state Supreme Court to block transfer tax referendum

The referendum which asks voters to weigh in on proposed transfer tax changes will be considered in the upcoming election, after a March 6 ruling by Illinois’ Appellate Court. Now, BOMA/Chicago is challenging that decision.

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