News / Features

New report highlights down payment programs to assist first-time buyers

More than 2,000 down payment and closing cost assistance programs are available to help eligible buyers, according to the latest 2020 Homeownership Program Index.

Cropped photo of lady dj play sound on corporate, feast, festive using djs mixing console control against blured background with fancy crowd (Cropped photo of lady dj play sound on corporate, feast, festive using djs mixing console control against blu
Chicago targets ‘party houses’ in new STR ordinance

Landlords who rent their properties on short-term rental sites such as Airbnb will soon see tighter regulations, and in some cases, new fees.

CoreLogic: Foreclosures could double by 2022

Serious delinquencies are expected to rise — particularly among lower-income households, small business owners and for those working in sectors hard hit by the pandemic.

Unemployment down in August, but long-term damage continues

The U.S. economy added 1.4 million new jobs in August, but one economist warns that permanent job losses are a bigger problem.

New funding for housing on South, West sides

Mayor Lori Lightfoot announced a residential lending plan to complement the commercial development initiative known as INVEST South/West.

A young, serious African American woman sitting in a boardroom across the table from a young businessman. They are both wearing business suits and the man is looking at the woman and typing on a digital tablet. She is in focus and may be answering questions for a job interview.
Gender pay gap in commercial real estate grows to ‘staggering’ levels

This year’s release of the CREW Network’s benchmark study shows some backsliding in the industry, though there were a few bright spots as well.

CDC imposes eviction moratorium through 2020

Real estate industry associations oppose the decision and are calling on Congress to provide rental assistance to housing providers.

Celebrating the venues of Who’s Who 2020

Get a glimpse of the exquisite photo shoot locations from all over Chicagoland that are featured in the 2020 edition of Who’s Who in Chicagoland Residential Real Estate. 

Midwest home sales soar 81.4% in July

Nationwide sales of new single-family homes were at a seasonally adjusted rate of 901,000, up 13.9% from last month and 36.3% higher than July 2019.

More buyers are looking to leave Chicago for smaller cities

Buyers are moving from expensive coastal areas to more affordable inland areas, but the exodus from Chicago continues, according to a new report from Redfin.

Will looting fears depress Chicago’s real estate market?

As the city endures a tense summer, brokers share their thoughts about whether or not there will be an urban exodus, and what officials and the industry can do to solve issues underlying recent civil unrest.

NAR, NAHB shift 2020 lobbying efforts in response to COVID-19

The National Association of Realtors and the National Association of Home Builders are both backing candidates for congressional seats across the country and advocating for issues such as ramping up production of affordable housing and reversing widespread unemployment.

Sales surge in suburbia, but city remains flat

The most recent data on home sales and contract signings in Chicagoland points to a bifurcating market.

Chicago falls behind nation with 0.6% decrease in prices

Luxury home prices listed on Redfin rose 1.2% in early summer, according to a new report.

Best. Month. Ever. July home sales beat out 2019 by nearly 9%

Nationwide, the rebound is in full swing with sales experiencing their best month in the history of RE/MAX’s National Housing Report.

Autumn asphalt, metal grating stormwater on a city street. Autumn rainy weather with puddles, outflow of water from the highway.
New credit system allows developers to trade stormwater responsibilities

Cook County’s StormStore program will allow developers with limited water storage solutions to buy credits from other properties that can accommodate extra.

New Subscribe

  • This field is for validation purposes and should be left unchanged.