A new report from the Mortgage Bankers Association shows a slight drop in mortgage application volume amid expectations of further mortgage rate reductions.

The Sergio & Banks Group will set up shop at @properties’ new Gold Coast flagship.

Appointed last year by Mayor Lori Lightfoot, Chicago’s Inclusionary Housing Task Force urged the revision of the city’s affordable housing ordinance.

A new report from the financial website Wallethub ranks each state on COVID-19 restrictions.

Brokers let us know what’s ahead for entry-level housing in Chicagoland.

Back when legislators were crafting language for an ordinance to make it easier for homeowners to build, rent out and remodel accessory dwelling units on their property, the hope from sponsoring Chicago City Council aldermen was that the legislation would have passed by August.

Low inventory of affordable homes is a major problem for today’s local real estate industry. But it’s not the first time Chicago has been short of what it needs in terms of housing.

While many first-time buyers are looking for more affordable options, those who can afford a little more square footage are increasingly interested in getting out of the city.

Maxine Davis Phillips and Steve Phillips spent $32 million renovating the Georgian-style home, which is on the grounds of a former stop on the underground railroad and later served as home to a group of Franciscan friars.

Clients not ready to buy? UWM officials say they’re willing to lease it, too.

The biggest players in the iBuyer market closed up shop at the beginning of the pandemic, and a new report shows the numbers.

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.

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

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.

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

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