Read Today’s Top Story: Survey: Are you a good negotiator?

Local News

Real estate news in Chicago

City Council rejects any property tax increase; Illinois REALTORS® expresses thanks

Chicago’s City Council narrowly passed a 2025 budget, worth $17.1 billion, on Dec. 16. After weeks of negotiation, it included no property tax increases whatsoever.

What the Compass acquisition means for @properties and Christie’s International Real Estate

“Things will not change on a day-to-day basis,” says @properties Christie’s International Real Estate CEO Thad Wong.

Pritzker creates new director of housing solutions role in his administration

The governor says more needs to be done to address housing for working-class families, so he created a new role: director of housing solutions.

Chicago’s most affordable renting areas might surprise you

One of the country’s most affordable ZIP codes is just outside Chicago, in Oak Park. Check out the top five in the city proper.

Chicago is the 12th-priciest rental market in the US

Chicago is the 12th-priciest rental market in the country, according to Zumper’s November National Rent Report.

These Chicagoland real estate companies are ‘Top Workplaces’

The Chicago Tribune ranked Chicagoland’s Top Workplaces. Notably, the top three large companies and the No. 1 midsize company were all residential real estate brokerages.

Statewide sales, prices and inventory all rose in October

Home sales, homes prices and homes for sale all rose in Illinois during October, according to new data from Illinois REALTORS®.

Buyer’s agent commissions remain mostly unchanged under NAR’s new rules

The new findings come from real estate tech strategist Mike DelPrete.

Older buyers are driving trends in the Chicagoland suburbs

The median homebuyer age recently hit a historic high — 56 — as reported by NAR. And this is apparent in the Chicago suburbs, too, according to new data from Mainstreet REALTORS®.

Dawn McKenna’s Christine Lutz to lead sales at downtown Naples redevelopment, The Avenue  

The Avenue will feature a mix of high-end retail and hospitality venues, plus 50 upscale residences priced from just under $3 million. 

Voters back Illinois’ ‘millionaire tax’ referendum: Here’s what that means

Voters supported the Property Tax Relief and Fairness Referendum, with 60.2% in favor. But what does that mean?

NAR’s annual conference and expo comes to Boston

More than 10,000 Realtors are expected to attend the NAR NXT, The REALTOR® Experience event being held Nov. 8-10

Baird & Warner announces brand overhaul

Baird & Warner is set to launch its first brand overhaul in nearly 40 years.

Illinois home sales slow as inventory stays on the rise

Illinois home sales slipped during September while prices and inventory rose. In Chicago, though, inventory shrank. The new data comes from Illinois REALTORS®.

Chicagoland buyers are taking their time

For the first time in a year, the average time on market for detached suburban homes is up, according to Mainstreet.

Remembering Don Prigge of Baird & Warner

Don Prigge, a near-50-year real estate veteran, died Oct. 8 at age 72. He retired from Baird & Warner just five days prior.

New Subscribe

  • This field is for validation purposes and should be left unchanged.