News / Features

Realtor.com: Mid-October is best time to buy a home in 2025

Looking for the best time to buy in 2025? It’s the week of Oct. 12–18, says Realtor.com. 

Mainstreet REALTORS® installs Kinga Korpacz as new president

Mainstreet REALTORS® installed Kinga Korpacz as its 105th president, along with its new board of directors, at its annual installation ceremony on Sept. 9. Korpacz succeeds Connie Vavra, who served as Mainstreet’s 2024–2025 president.  Korpacz, broker/owner of EXIT Realty

Builder outlook hits 6-month high on rate-cut expectations

The National Association of Home Builders said its monthly builder-confidence survey indicated rising optimism that lower interest rates could spur new-home buying activity. 

Tatiana Reed departs Coldwell Banker for Keller Williams ONEChicago

Tatiana Reed will be working from Keller Williams’ new Bronzeville location on East 47th Street.

Waterton acquires The Mason residential mid-rise downtown

Located at 180 N. Ada St. in the Fulton Market district, the property offers 263 apartments. 

Luxury Living International agent Libby Andrews joins Pearson Realty

In the last year, Andrews obtained her real estate license in Florida, where she spends winters working at Fortune Christie’s International Real Estate. 

Zillow launches AI‑powered virtual staging for Showcase listings

The feature aims to help buyers more easily visualize homes and give agents a stronger marketing tool. 

Chicago Association of REALTORS® to install board of directors at Inaugural Gala

The Chicago Association of REALTORS® will install its incoming board of directors at its 142nd Annual Inaugural Gala on Sept. 26 at the Hilton Chicago.  Lutalo McGee of Ani Real Estate will be installed as the association’s new president.

Home price appreciation increases 2.4% in August as Midwest leads growth

So far in 2025, home prices have grown at about half the pace of 2024.

The Maynard apartment building sells for $18.5M in Sheridan Park

The Maynard at 1325 West Wilson Ave. offers 121 studios and one- and two-bedroom units. 

mortgage applications
MBA: Mortgage applications hit highest level since 2022

The surge comes as the rate on a 30-year fixed-rate mortgage fell to its lowest level since October 2024. 

Cotality notes further movement toward buyer’s market in latest Home Price Insights report

The rate of home-price appreciation slowed to just over half the rate of inflation in July, Cotality noted. 

Indiana’s MIBOR and NIRA enter reciprocal MLS agreement

The data-sharing partnership will allow the groups’ members to share listings across platforms. 

The Henry at Harms Woods mixed-use community in Skokie begins move-ins

The project will offer a total of 294 rental residences — 245 apartments and 49 rental townhomes — and 13,000 square feet of commercial space. 

RE/MAX Premier acquires five North Shore Compass offices

These five offices will operate under RE/MAX’s luxury division, The RE/MAX Collection.

Western Springs named safest, richest city to live in US

The ranking was based on the top 1,000 cities with the highest household mean income, using U.S. Census data.

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