Cook County Assessor Fritz Kaegi announced the first set of property value reductions as a result of the economic implications of the coronavirus pandemic.

NAR’s chief economist says April’s decline could be the lowest point in the market, and that he expects it to bounce back soon.

The Chicago-based firm announced it’s starting its next chapter with an equity investment in the South Atlantic region of the U.S.

A new report that rent is still rising, but by much less in most cities, as a result of the COVID-19 crisis.

Three real estate professionals offer their approach to gentrification.

Many in real estate tread lightly when broaching the topic of gentrification, but one Chicago broker has no qualms about speaking his mind.

Learn how the Yes In My Backyard Act could help alleviate issues of affordability and housing discrimination from one of the bill’s co-sponsors.

While current zoning rules stand in the way of expanding ADUs, representatives in the Chicago City Council plan to introduce an ordinance soon to change that.

Existing home sales were down across the country last month, but Illinois saw less of a decrease than many other states.

Good news for sellers: Homes on the market under $1 million are receiving multiple offers in desirable cities.

Coronavirus lockdowns disrupted sales in April, but the data shows an increase in new homebuyers.

Learn how a proactive attitude can solve contract cancellations, as well as uncertainties looming over your clients and the market overall.

After an inability to record condo declarations was revealed to be causing some deals to go south, the agency figured out a way to tackle the problem of non-standard documents.

Economists with the Mortgage Bankers Association predict mortgage rates will remain low for the next couple of years, though there is at least one scenario under which they could rise more quickly.

Builders are feeling more confident this month, a sign that the new-home market may have already hit bottom.

RE/MAX’s recently released National Housing Report points to the resiliency of the market amidst coronavirus and economic concerns.