Boston and Raleigh had the highest bidding-war rates, as the rate fell to a 2021 low.

Home-price gains were once again broadly distributed, as all 20 cities in the S&P CoreLogic Case-Shiller Home Price Index rose, although in most cases at a slower rate than a month ago.

The month also saw a slight shift in inventory, even though shortages continued.

The Windy City wasn’t the only Illinois community on the 2021 list. Rockford, as well as the the Quad Cities area of Iowa and Illinois also made the rankings.

Three brokers from Berkshire Hathaway HomeServices Chicago have recently taken part in record-breaking local transactions, representing the buyers.

The price for attached homes is on the rise, according to new statistics from the Mainstreet Organization of REALTORS®.

The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.

Lack of inventory continues to restrict home sales as fewer homes sold in September, and closed home sales dropped.

The number of closed sales fell 12.5% month over month, while active inventory slid 2.5% to 37,646. Median sales prices dropped 3%, but that’s still up 5.8% from September 2020. 

@properties Development Group, along with the Chicago-based developer Focus, has announced that condominiums at Kelmscott Park are officially sold out.

As remote work becomes the new norm for many homeowners, real estate professionals are encouraging clients to consider implementing insurance-based smart home technology into their homes. 

The federal government can play a big role in helping to further improve assessments by releasing data from the Uniform Appraisal Database used by Fannie Mae and Freddie Mac in determining which loans to back.

JK Equities has announced that closings have begun at 1400 Monroe: a seven-story boutique condominium in Chicago’s West Loop.

The Cheshire, in Oak Park, is a new construction boutique development listed exclusively by Berkshire Hathaway HomeServices Chicago.

In response to being named CAR’s Managing Broker of the Year, Joe Siciliano also shared his own industry wisdom in a press release. He identified three keys to successful management.

The user of the app can monitor information about their home and local market conditions, store important documents, generate estimates for home repairs and find a local contractor for more than 1,000 different home-service categories.