National News

NAHB: Builder confidence falls for seventh consecutive month in July

July saw the NAHB/Wells Fargo Housing Market Index post its second-largest monthly drop ever, as worries about housing affordability dampened builder sentiment. 

Chicago among geekiest cities in the nation

In honor of Embrace Your Geekness Day — July 13, apparently — Lawn Love has compiled a list of the geekiest cities in the U.S. Chicago ranks at No. 7.

2022 NAR Member Profile: Median Realtor income jumps in 2021 

According to the annual survey, the typical Realtor saw their transaction sides rise from 10 to 12 and their sales volume increase from $2.1 million to $2.6 million. 

RE/MAX begins major push for new brokerages, layoffs to come with third-party tech adoption

The residential-brokerage franchisor announced a host of company-wide steps it is taking to grow its business. 

Chicago-area Realtors rally to raise funds for Highland Park victims

As the Highland Park community, along with the rest of the nation, mourns the tragic event that took place at the Fourth of July, Realtors are mobilizing to help support victims and their families. 

Showing activity is strong in central Illinois despite nationwide slowdown

A new report from ShowingTime reveals a continued drop in home showings nationwide: During May, buyer traffic decreased 18.2% year over year.

Chicago home price growth exceeds 11% in May, deceleration on the horizon

Prices for single-family homes in Chicago increased by 11.1% year over year in May, up from 10.7% month over month in April.

10 markets where buyers retain an edge

Realor.com has compiled a list of the 10 markets where homes are lingering the longest — giving buyers a rare edge.

Housing inventory rebounds at record rate in largest metros, but Chicago lags behind, Realtor.com reports 

The number of homes available to buyers climbed 18.7% in June, the sharpest year-over-year increase in the history of the report.

Chicago price increases revealed in new S&P CoreLogic Case-Shiller Index

What does the latest S&P CoreLogic Case-Shiller Index show about Chicago real estate?

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