News / Features

Baird & Warner acquires Dream Town

Baird & Warner has acquired Dream Town, which will now represent a combined entity of almost 3,000 agents, loan officers and staff.

FHFA directs Fannie Mae, Freddie Mac to accept cryptocurrency in mortgages

Federal Housing Finance Agency (FHFA) Director William J. Pulte posted to X issuing an order that directs Fannie Mae and Freddie Mac to consider cryptocurrency as an “asset for single-family loans.”  

Frankfort multifamily community sells for $1.6 million

The sales price represents the highest price per unit ever recorded for an apartment property of at least six units in Frankfort. 

Case-Shiller: Chicago home-price growth slows in April, tracking ‘healthier, more sustainable’ national trend

The pace of home-price appreciation slowed to its most modest pace since 2023, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. 

NAR: Existing-home sales gain ground in May

The median-sales price for an existing home rose 1.3% year over year to $422,800. 

Illinois REALTORS®: Home sales slow again in May while prices continue to rise

Inventory was up statewide and in Chicagoland but down within city limits. 

A mail-order house from the Sears catalog

Judging by ads for the Alhambra model, the original buyers likely purchased their home for between $1,969 and $2,998.

Compass files federal antitrust lawsuit against Zillow

The lawsuit also claims that with Zillow, sellers don’t have control over how their properties are marketed, a sentiment that’s been a core tenet of anti-clear cooperation rhetoric over the past year.

Chicagoland’s suburban median home prices rise to $420K in May

Chicagoland’s suburban median price for attached homes rose 5% in May, reaching $420,000 — up from $400,000 a year ago, according to data from Mainstreet REALTORS®.

@properties Christie’s International names new VP for Winnetka

The new executive, Kelly Maggio, takes over from Managing Broker Tom Downing, who has taken on a broader role. 

New-home construction drops in May

Homebuilder sentiment recently reached its third-lowest level since 2012. 

NAHREP names Illinois’ top Latino real estate agents by transactions

The agents were ranked in the association’s annual Top 250 Latino Agents Report. 

US housing market exceeds one million active listings for first time since 2019

The U.S. housing market has exceeded one million active listings for the first time since the winter of 2019, according to Realtor.com’s May Monthly Housing Trends Report.

1Fifteen at Michigan Station mixed-use development coming to Roseland

1Fifteen at Michigan Station, a $48.3 million mixed-use housing development, is set to transform a key corner in Chicago’s Roseland neighborhood, the city announced.

JV plans office-to-residential conversion for former Salesforce Midwest HQ

The top six floors of the 10-story building at 111 W. Illinois St. will be converted into 153 market-rate apartments. 

NAHREP condemns ICE raids, urges protestors to remain peaceful

“NAHREP supports the human rights of all people living in the United States,” the association wrote. “These rights are preserved by the U.S. Constitution and include the right to due process.”

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