Local News

Real estate news in Chicagoland

Chicago defies national trend with May increase in active inventory
Chicago defies national trend with May increase in active inventory

Although the single-digit decline from the previous month nationally is good news, home sales still lagged May of 2019 by

Sports reporter joins @properties, buildings commissioner to step down and more
Sports reporter joins @properties, buildings commissioner to step down and more

Megan Mawicke joins her brother to continue their mother’s legacy on the North Shore, the former owner of Berkshire Hathaway HomeServices MAC moves to the brand's Naperville office, and Judy Frydland is ending a more than three-decade-long career with the

Redfin: Bidding wars up in May in Chicago
Redfin: Bidding wars up in May in Chicago

Bidding wars are beginning to return in Chicago, according to a new

New eviction rules to be considered by city council tomorrow
New eviction rules to be considered by city council tomorrow

Chicago Mayor Lori Lightfoot is proposing a slower process that offers more alternatives to tenants. But the Chicago Association of Realtors has raised constitutionality questions that have gone unanswered so far.

Single-family rent prices post lowest growth rate in 9 years
Single-family rent prices post lowest growth rate in 9 years

The latest CoreLogic report reveals the first measurable impact to the single-family rent market, pushing price growth to its lowest rate since the initial recovery of the Great Recession.

Berkshire Hathaway, @properties and Coldwell Banker welcome new additions; Interfirst reenters mortgage market
Berkshire Hathaway, @properties and Coldwell Banker welcome new additions; Interfirst reenters mortgage market

Big brokerage brands brought on new talent in Park Ridge, Lake Forest, Northbrook and western DuPage

Why inflation presents a ‘golden opportunity’ for buyers
Why inflation presents a ‘golden opportunity’ for buyers

In a presentation to the Mainstreet Organization of Realtors, NAR’s chief economist offered buyers’ reps some talking points for clients who might feel hesitant to enter the market.

Civil unrest doesn’t stem Chicago housing sales
Civil unrest doesn’t stem Chicago housing sales

The market recovery continues amid nationwide

As a result of COVID-19 pressures, Chicago renters are going … smaller?
As a result of COVID-19 pressures, Chicago renters are going … smaller?

A new analysis from a local real estate brokerage that focuses its business on rentals uncovers some surprising trends in renting.

Home equity is keeping delinquencies at bay . . . for now
Home equity is keeping delinquencies at bay . . . for now

Home price and equity growth in the months leading up to the pandemic have helped to delay the impact of the recession on the mortgage market, although the effects are expected to continue to unfold over the next

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