Residential property equity continued to grow in the first quarter of 2021, with one in three homes considered equity rich.

Two-thirds of Chicago homes sold on Redfin faced bidding wars in April.

Whether they’re still weary of going to a gym full of people or just looking to work off those extra pandemic pounds in privacy, homebuyers are increasingly prioritizing home exercise rooms.

Americans believe it’s a much better time to sell a home than to buy one, according to Fannie Mae’s latest survey of home purchase sentiment.

The number of buyers who locked in mortgage rates for second homes spiked to 178% year over year in April, according to a report from Redfin.

In Chicago, the median sales price of a single-family home jumped 16% on a year-over-year basis to $303,500, the NAR said, citing its quarterly report. 

Multifamily rents rose nationally in April indicating ongoing recovery from the pandemic, according to the latest Yardi Matrix Multifamily National Report.

“With the surge in closings due to the heated housing market, the Orland Park office is opening at the ideal time and further supports our aggressive plans for expansion.” — Kim O’Donnell, Proper Title vice president of business development

The housing market hit records last month as home prices reached an all-time high and homes sold faster than ever. 

The employment numbers for March were revised down as well. The most recent data indicate a 770,000 increase in jobs for the month, compared to the previously reported increase of 916,000.

“This is a sign that the competitive purchase market, driven by low housing inventory and high demand, is pushing prices higher and weighing down on activity.” — Mortgage Bankers Association Associate Vice President of Economic and Industry Forecasting Joel Kan

Low mortgage rates and low inventory levels are making the demand for homebuilding more attractive to buyers in Chicago and nationwide.

Private equity-backed Cairn Real Estate Holdings LLC acquired Frisco, Texas-based brokerage and franchisor JP & Associates Realtors and JPAR Franchising. JP & Associates and JPAR Franchising have more than 3,300 agents working in 61 offices in 23 states and

In 40% of metro areas analyzed, first-quarter home prices hit new peaks or tied previous ones, according to ATTOM Data Solutions’ first-quarter 2021 U.S. Home Sales Report.

The Chicagoland luxury market was among the “most robust and diverse high-end property markets in the United States,” according to a new report by Coldwell Banker.

Work hard and play hard all from the comfort of your own home in this amazing residence that comes with its own hockey rink.