News / Features

Southern and Western markets lead as new-home affordability grows

Despite a slowdown in single-family construction activity, newly built homes are becoming increasingly accessible to American buyers, in terms of both availability and affordability. According to data from the New-Construction Insights report released by Realtor.com, in the second quarter

Pending-home sales soften in July on economic anxiety

Signed contracts declined despite lower interest rates and improved affordability and inventory, the National Association of REALTORS® said.   

Former Masonic lodge for sale in New York

This former Masonic lodge in Little Falls, New York, was once a meeting place for a local chapter of the Freemasons.

Case-Shiller: Chicago home-price growth rises in June, as national market undergoes ‘decisive shift’

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

The View at Rock Run Collection community coming to Joliet

The View will bring 573 apartments to the 310-acre super-regional, mixed-use project, the Rock Run Collection. 

RE/MAX: Chicago home sales slide year over year in July

Nationally, home sales rose 0.6% year over year but slid 0.7% month over month, RE/MAX said. 

July new-home sales top expectations

The upside surprise came despite monthly and yearly declines in the pace of sales. 

Rate honors military heroes at Cubs vs. White Sox Crosstown Classic

The Chicago Cubs versus the Chicago White Sox game is a crosstown classic rivalry rooted in North Side vs. South Side history and culture. This year’s game on July 25, while not short of excitement, looked a bit different

Retrofit retreat in New Hampshire

This home has been carefully constructed out of retrofitted steel shipping containers using alternative construction methods.

NAR: High inventory puts homebuyers in their ‘best position’ since pandemic lockdown

The association said the housing market is making a definitive swing back in the direction of the buyer thanks to wage growth, slowing home-price gains and rising inventory. 

July brings slow but steady increase in the tempo of Chicagoland real estate

The pace of detached and attached home sales was up slightly year over year, while prices showed larger gains — again. 

Housing starts rise again in July thanks to multifamily sector

The single-family sector managed to eke out a slight monthly gain, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Builder confidence remains low in August with dip in sentiment survey

The NAHB/Wells Fargo Housing Market Index slid a point to 32, reflecting ongoing negative sentiment in the homebuilding industry. 

Commissions return to pre-settlement level in Q2

The gain in the average buyer’s agent commission is the third quarterly increase since the National Association of REALTORS® changed its commission rules last August. 

Downtown Chicago apartment rents ‘test the upper limits of renter tolerance’ in Q2

Multifamily brokerage Luxury Living’s latest market update showed rents rising across all seven downtown submarkets in the second quarter. 

The average Realtor has 12 years of experience — and plans to stay in the industry for at least a few more

NAR’s report — which surveyed nearly 5,000 Realtor members — also found that the typical agent took on 10 transactions in 2024, the same as a year prior.

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