Local News

Real estate news in Chicago

Illinois home sales are down — but the winter market is thawing

Statewide home sales were down year over year in March 2023, according to new data from Illinois REALTORS®. However, sales were up 46% month over month.

Baby boomers are hitting the suburbs — hard

Chicago’s suburban market is still frenzied, according to the Mainstreet Organization of REALTORS®. And baby boomers are driving much of the action.

Corcoran Urban Real Estate adds two partners to leadership team

Corcoran Urban Real Estate has added Tyler Stalling and Sophie Xu to its leadership team, the company recently announced.

Chicago’s dreamiest neighborhoods — ranked

Sometimes, you just have to check Zillow. But where do shoppers linger longest on the website? That’s what HouseFresh investigated in a recent study.

Fulton Grace opens new Gurnee office

Fulton Grace has opened a new office in Gurnee, located at 5101 Washington Street, Suite 24. On April 27, there is a grand opening celebration.

The Building Industry Association of Greater Chicago’s 50th annual Key Awards

Since 1972, the Building Industry Association of Greater Chicago has honored the best of the best in the building industry with its annual Key Awards.

@properties Christie’s International Real Estate expands to Madison, Wisconsin

@properties and Christie’s International Real Estate is expanding to Madison, Wisconsin, by partnering with a local brokerage there. That firm, LeGrand Real Estate, is rebranding @properties elleven Christie’s International Real Estate.

Pace of annual home-price gains slows again in latest Case-Shiller; Chicago sees 4.8% increase

In Chicago, home prices rose 4.8% year over year and dipped 0.5% month over month.

Though sales are slipping, Illinois home prices are staying put

The median Illinois home price stayed the same in February 2023, year over year, according to new data from Illinois REALTORS®: $240,000.

This small suburb named ‘best place to live in Illinois’

Tiny Bannockburn has a population of just 1,315, but the Lake County suburb ranked No. 1 on Niche’s new list of the best places to live in Illinois.

Realtor.com: Week of March 26 is best time to list in Chicago

Nationally, the week of April 16-22 is likely to provide sellers with the most favorable conditions for a successful sale of any week of the year, although the exact timing varies widely by market. 

HODC reaches new milestones as they approach their 40th anniversary

Four decades after its founding, HODC remains true to its mission: to develop, manage and preserve housing that is affordable to low- and moderate-income households, primarily in Chicago’s northern suburbs.

Trends are settling in Chicagoland’s spring market

The trends we’ve been noticing across Chicago’s suburban housing market were reinforced by new data from the Mainstreet Organization of REALTORS®.

How Illinois REALTORS® threw its weight this election cycle

Illinois REALTORS® spent big in this year’s aldermanic elections, allocating at least $500,000 across a total of 26 local races. It was an unprecedented move by the organization during an election cycle that promised major turnover in City Council.

Pre-leasing begins at The Row Fulton Market

With the opening of a nearby leasing center, pre-leasing for The Row Fulton Market has officially begun. Developer Related Midwest made the announcement.

CrossCountry Mortgage’s newest team: a story of collaboration and friendship

Jamie Franz, Bradley Rasof and Scott Schneiderman have been in the mortgage business for decades — and they’ve been friends for almost as long. Now, they’ve teamed up formally at CrossCountry Mortgage.

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