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. 

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

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.

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

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

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

The increase ends a six-month string of monthly declines, the National Association of REALTORS® said.

New-home inventory rose to 444,000 homes in May from 437,000 homes in April, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.  

When you consider entertainment, recreation, nightlife, parties and overall costs, it turns out, Illinois is a pretty fun state! And that has a positive effect on Chicago real estate.

Meanwhile, existing-home sales slid 3.4% from April to a seasonally adjusted annual rate of 5.41 million, according to the National Association of REALTORS®. 

Nationwide, sales fell 8.5% annually and rose 5.8% monthly, as rising interest rates and home prices weighed on homebuyers’ purchasing power, RE/MAX said.

New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report. 

The Federal Reserve raised interest rates by .75% today: the sharpest increase since 1994. How will that affect real estate?

Two major real estate firms are cutting their workforces amid a cooling housing market. Compass and Redfin are laying off 10% and 8% of their current staffs, respectively.

Lumber prices, once emblematic of widespread supply-chain woes, are finally beginning to fall. How will this affect the housing market?

It is a fun reminder that location is everything, and every state has amazing ultra-luxury properties for the right price.