Local News
Real estate news in Chicago

Mainstreet REALTORS® hosts Economic Outlook event in Rolling Meadows.

Despite an increase in December home sales, annual sales were down as 2024 came to a close in both Illinois and Chicagoland. The new data comes from Illinois REALTORS®.

For the first time in two years, home prices are on the rise in every major metro and Chicago is one of them, according to a new Redfin report.

The number of detached homes sold in Chicagoland suburbs decreased in 2024, while prices continued to climb, according to new data from the Mainstreet REALTORS®. However, attached home sales rose.

Once again, Chicago ranks among the best cities in the world, according to Time Out magazine’s annual list. This time, the Second City came in at No. 11.

Illinois’ own Oak Park came in at No. 48 on Travel Lemmings’ list of world’s top 50 travel destinations.

Rockford is technically the fifth-largest city in Illinois. But according to Realtor.com, it’s the hottest housing market in the nation.

Nationally, home sales were up 13.3% year over year and 4.4% month over month, RE/MAX said.

Zillow has released its list of the hottest real estate markets predicted in 2025 and Chicago made the ranking.

Results Realty ERA Powered, located in St. Charles, has acquired the independent firm Mark Allen Realty. Mark Allen Realty will operate a Mark Allen Realty ERA Powered.

Over the past 12 months, our local coverage tracked all the local breaking news. These were the most-read Chicago stories.

Home sales, median prices and the number of for-sale homes all rose in Illinois during November, year over year, according to new data from Illinois REALTORS®.

Homes in the Chicago suburbs are spending slightly more time on the market, according to new data from Mainstreet REALTORS®.

Tensions were high when the Chicago City Council failed to accept or reject Sterling Bay’s proposed new development on Dec. 11.

The report cited hot rental markets in Arlington Heights, Barrington, Deerfield, Evanston, Glenview, Naperville and Oak Brook.

On a monthly basis, however, sales were down 13.3%, RE/MAX said.