Those looking to buy a house will be paying a premium as inventory continues to be an issue.

Kenny Parcell has resigned as president of the National Association of REALTORS® following a recent bombshell report by the New York Times into allegations of sexual harassment within the organization.

MLS freeze strikes agents in Florida, Massachusetts, Indiana, New York, California and elsewhere.

Pre-leasing has begun at The Dylan, a new luxury apartment tower by Sterling Bay. Located in Fulton Market at 160 N. Morgan, the building includes 282 rental units.

Single-family home permits and completions, meanwhile, also rose, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Homes where the loan-to-value ratio is 50% or lower — equity-rich homes — are on the rise, which is good news for homeowners.

Meanwhile, July’s home sale prices had their highest increase since November.

Point2 compared the share of luxury listings across the 30 largest U.S. cities — and Chicago is among the top 15.

For the first time in almost 12 months, the average U.S. home is selling above its asking price, as the average sale-to-list price ratio hit 100.1% earlier this month

Set to debut on July 17, “Drive with NAR: The Safety Series” will be hosted by former real estate agent and expert, Tracey Hawkins.

The National Association of REALTORS® has been named in a new lawsuit by Janelle Brevard, the organization’s former chief storyteller. NAR President Kenny Parcell is named multiple times in the complaint.

One organization working to combat LGBTQ+ youth housing insecurity in Chicago is The Night Ministry.

Price hikes are slowing down and inventory is up — generally — but less expensive homes are bucking larger market trends. According to Zillow, the price of bottom-tier homes increased 8% year over year, while bottom-tier inventory increased just 1%.

According to the NAHB, The New American Home® represents the latest in luxury real estate. It was unveiled at their recent tradeshow.

Guaranteed Rate is adding more support systems and training for loan officers to boost its reverse mortgage program.

This was the fourth week in a row of declines, leaving prospective buyers hopeful for sustained low rates throughout spring homebuying season.