Local News
Real estate news in Chicago
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.
“Things will not change on a day-to-day basis,” says @properties Christie’s International Real Estate CEO Thad Wong.
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.
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 country, according to Zumper’s November National Rent Report.
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.
Home sales, homes prices and homes for sale all rose in Illinois during October, according to new data from Illinois REALTORS®.
The new findings come from real estate tech strategist Mike DelPrete.
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®.
The Avenue will feature a mix of high-end retail and hospitality venues, plus 50 upscale residences priced from just under $3 million.
Voters supported the Property Tax Relief and Fairness Referendum, with 60.2% in favor. But what does that mean?
More than 10,000 Realtors are expected to attend the NAR NXT, The REALTOR® Experience event being held Nov. 8-10
Baird & Warner is set to launch its first brand overhaul in nearly 40 years.
Illinois home sales slipped during September while prices and inventory rose. In Chicago, though, inventory shrank. The new data comes from Illinois REALTORS®.
For the first time in a year, the average time on market for detached suburban homes is up, according to Mainstreet.
Don Prigge, a near-50-year real estate veteran, died Oct. 8 at age 72. He retired from Baird & Warner just five days prior.