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.

At the same time, the pace of existing-home sales declined from May’s level. 

The 3-story building currently serves as a law office, but it’s also a stop on Boston’s Freedom Trail.

The median-sale price of suburban Chicago homes continued to rise in June. 

Nationally, home sales rose 5.7% year over year and 1.3% month over month, RE/MAX said. 

Ten Illinois cities have earned a spot on U.S. News & World Report’s latest ranking of the 250 Best Places to Live in the U.S. for 2025–2026.

New single-family home construction declined as builders continue to grapple with macroeconomic headwinds. 

“Following the tragic floods in Texas, we at the National Association of REALTORS® and the Realtors Relief Foundation are heartbroken at the lives lost and the communities devastated,” said RRF President Greg Hrabcak.

The loan officer originated almost $30 million in mortgages last year. 

Purchase applications slowed to their lowest level since May as economic worries dampened activity, the Mortgage Bankers Association said. 

Zillow has rolled out five new features this summer to make searching for homes easier and more efficient.