Housing affordability has worsened in many parts of the country as wages fail to grow at the same pace as home prices.

The installation for the North Shore-Barrington Association of REALTORS® (NSBAR) took place on Sept. 6 at Ravinia’s Tree Top event space, and more than 200 people came out to celebrate the officers.

Chicago’s housing market ranks No. 7 in the U.S. in terms of value, according to a new report from Zillow. However, it showed the second-highest year-over-year growth of the 20 metros studied, trailing only Miami-Fort Lauderdale.

As the national real estate market balances out, Chicagoland homes continue to appreciate, according to new data from the Mainstreet Organization of REALTORS®. Other trends are also holding steady.

Two historic homes — the Samuel and Dorothy Eppstein House and the Eric and Pat Pratt House — are for sale in Galesburg, Michigan. Both were designed by Frank Lloyd Wright. And they’re a package deal.

Illinoisans are in luck. Of the country’s 10 most affordable, amenity-rich suburbs, half are in Illinois. And Schaumburg is No. 1.

A rise in new listings is finally giving potential homebuyers options as the summer market winds down.

Widened sidewalks, raised intersections, additional bike lanes, pedestrian furniture, more public art … these are just some of the improvements proposed in the Lakeview Roscoe Village Chamber of Commerce’s new master plan for the area.

Many residential buildings are featured in this year’s Lerch Bate People’s Choice Awards — and you can vote online for your favorites.

The Chicago Association of REALTORS® will induct Marion Valle, a past president of the association, into its Hall of Fame later this month at the group’s 140th Inaugural Gala.

BHHS Chicago agents Anna Fiascone and Natalie Ryan have closed on a $5.1 million sale in Burr Ridge. The transaction marks the priciest residential closing in DuPage County so far this year.

StorageCafe has released a ranking of the most city-like suburbs in Chicagoland — and Vernon Hills tops the list.

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

According to a new study by Point2, the average monthly Chicago rent is now — a staggering — $2,215. For that price, many residents may consider swapping their rental payments for a mortgage.

Halfway through 2023, interest rates are still high, inventory is still low — and home prices are holding steady in Chicagoland as sales slip, according to new data from the Mainstreet Organization of REALTORS®.

A pair of Near South Side mansions, located at 1801 and 1811 S. Prairie Ave., have sold for $3.9 million — and the transaction marks a new period for the historic structures.