Ronald J. Benach has died following a 60-plus-year homebuilding career which saw the creation of more than 50,000 Chicagoland homes.

Chicago’s average monthly rent payment is $1,874, while the average monthly mortgage payment — with a 6.8% mortgage rate — is $1,828.

Home sales are down and time on market is up in the Chicago suburbs. But according to the Mainstreet Organization of REALTORS®, this is only “part of the picture.”

Sam Zell, the billionaire businessman who founded Equity Group Investments (EGI), died Thursday at his home due to complications from a recent illness, the company announced. He was 81.

The hire follows the December 2022 firing of the homebuilder’s senior vice president for field operations, who had been tapped to become COO on Jan. 1. 

One organization working to combat LGBTQ+ youth housing insecurity in Chicago is The Night Ministry.

Chicago’s April average home value rose from March as pending sales stayed flat and new inventory fell.

A recent study used MLS data from 200 U.S. cities to determine which city offers the most square footage for $1,500 per month.

Illinois REALTORS® Immediate Past President Ezekiel “Zeke” Morris has been named as the association’s 2023 REALTOR® of the Year. The award honors his dedication to excellence and impact on the industry.

The brokerage says the “business communities” — KW Operations, KW Wellness and KW Clarity — provide agents with specialized training, technology, coaching and referral opportunities. 

Frank J. Williams was a winner at NAR’s Fair Housing Champion Awards, honoring his decades of service at both the state and local level.

Statewide home sales were down year over year in March 2023, according to new data from Illinois REALTORS®. However, sales were up 46% month over month.

Chicago’s suburban market is still frenzied, according to the Mainstreet Organization of REALTORS®. And baby boomers are driving much of the action.

Corcoran Urban Real Estate has added Tyler Stalling and Sophie Xu to its leadership team, the company recently announced.

Sometimes, you just have to check Zillow. But where do shoppers linger longest on the website? That’s what HouseFresh investigated in a recent study.

Fulton Grace has opened a new office in Gurnee, located at 5101 Washington Street, Suite 24. On April 27, there is a grand opening celebration.