At the same time, existing-home sales declined, and days on market increased.

After years of fast-paced home sales, tight inventory and relentless price growth, the U.S. housing market may finally be entering a new chapter.

The property is listed on Special Finds by India Mesa of Crye-Leike Elite for $750,000.

The law helps delinquent VA borrowers and allows them to pay buyer-agent commissions when house shopping. 

After the sudden shutdown of VHT Studios, Baird & Warner wasted no time launching its own Image Services division to deliver visual marketing solutions for the firm’s agents and clients.

Geographically, the only region to post a monthly increase in pending sales was the Northeast, where they rose 2.1%, according to NAR’s Pending Home Sales Index.

“Get a mentor right away and get a coach for your mindset AND real estate!” — Kathy Cordova, Realtor, eXp Realty, Northbrook

Nationally, the pace of home-price appreciation declined to its slowest pace in almost two years, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. 

A new report from U-Haul identified Milwaukee, Indianapolis, Detroit, St. Louis and Dallas as the top cities of origin for new Chicagoans.  

TAWANI Property Management sold the 263-unit portfolio for $45 million. 

The inventory of new homes for sale surged year over year, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.    

The Irving Park development will bring 45 affordable residences to market. 

Governor Pritzker has signed Illinois Senate Bill 1563 — otherwise known as the Squatter Bill — into law, which will make it easier for police to remove squatters from someone’s home.

Real estate economist Matthew Gardner joins Agent Publishing Co-Publisher Anne Hartnett to unpack the biggest housing trends from the second quarter, plus the potential impact of a new Fed chair and the future of Fannie Mae and Freddie Mac.

Engel & Völkers hosted its fourth annual Pride Summit downtown Chicago June 29-July 1, where real estate professionals from across the country gathered to learn from each other and enhance LGBTQ+ inclusivity in homeownership. 

On December 1, 2024, a fire prompted the evacuation of Cedar Ridge Apartment Homes in Richton Park, displacing more than 30 elderly residents.