News / Features

Rate to offer mortgage balance coverage insurance for first responders

Rate announced an initiative that will offer first responders a one-year accidental death insurance policy that covers their mortgage balance up to $650,000 if they die in the line of duty.

Illinois home sales, prices and inventory all rose in January

Home sales, prices and inventory all rose in Illinois during January, according to new data from Illinois REALTORS®. A total of 7,471 Illinois homes sold in January, a 7% increase year over year. Meanwhile, home stock rose 1.5%, with

Case-Shiller: Home prices hit all-time high for the 19th month in a row in December

In Chicago, home prices rose 6.6% year over year and 0.19% month over month in December. The annual increase was the second highest in the U.S. after New York. 

What looming tariffs could mean for homebuilding and the economy

Now that President Donald Trump’s tariffs are beginning to take shape, homebuilders are wary.

Suburban homes are staying on the market slightly longer

Detached homes up were on the market for an average of 56 days, up seven days year over year, according to Mainstreet REALTORS®.

NAHB: Tariff worries help send builder confidence to five-month low

At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985. 

The best neighborhood to buy in might be Rogers Park

The Rogers Park ZIP code of 60626 is worth considering, when you take price growth, active listings and new listings into account.

Illinois still has the second-highest property taxes

According to a new study by WalletHub, the Land of Lincoln has the second-highest property taxes in the nation, behind only New Jersey.

Michael Gobber named Illinois REALTOR® of the Year

Michael Gobber, managing broker and partner of CENTURY 21 Circle in Westchester, was named Illinois REALTOR® of the Year for 2025 by the Illinois REALTORS®.

As Redfin and Zillow partner in $100 million rental deal, Redfin lays off 450 employees

In the wake of this news, Redfin also laid off 450 employees.

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Chicago office-to-apartment conversions to increase 28%

Chicago is No. 4 among U.S. metro areas with 3,606 units in its office-to-apartments pipeline.

Illinois REALTORS® details new initiative to build middle housing

Missing “middle” housing. That’s what Illinois REALTORS® aims to address with its new Housing Stability and Affordability Initiative.

How housing inventory has evolved in Chicagoland since 2005

Housing inventory is at the crux of the residential real estate industry and is cited often as the most important factor to a strong 2025.

Colleagues remember Catherine Holbrook of The Laricy Team

Catherine Holbrook, a founding member of The Laricy Team with Americorp., died on Jan. 21 shortly after giving birth to her first child. She was 40 years old.

NAR’s Lawrence Yun projects 6% mortgage rates and home-sales growth this year

Yun shared his predictions Monday during the Chicago Association of REALTORS’® market outlook event.

Who is new HUD secretary, Scott Turner?

Scott Turner, President Donald Trump’s pick to lead the Department of Housing and Urban Development (HUD), was confirmed to the role in a 55-44 vote.

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