Prominent real estate economist Matthew Gardner shares insights on the first quarter of 2025 — including his takes on tariffs, immigration, brokerage acquisitions, mortgage rates and more.

In addition to homes sales declining, deals also took longer to close, Mainstreet REALTORS® said.

Nicole Konsler most recently served as vice president of pl@form education at Christie’s International.

The average 30-year mortgage saw its contract interest rate jump to 6.90% from 6.81% the week before, the Mortgage Bankers Association said. 

The S.K. Pierce mansion, an alleged hotspot for paranormal activity, hit the market for $1.2 million earlier this month.

Pawlowicz is managing broker and owner of DPG Real Estate in Lisle. 

“Be patient and stay consistent. Always be authentic.” — Gisela Attlan, Real Estate Advisor, Engel & Völkers Chicago

The South Chicago brokerage is led by Broker/Owner Tuwanna Dennis. 

The surprisingly large decline in the pace of housing starts comes as builder sentiment remains depressed by tariff worries and high prices. 

eXp Realty CEO Leo Parejo added that eXp’s recent decision to adhere to Zillow’s anti-private listing policy is not exclusive to the online portal.

Founders Kim Marino and Katie Minott will work from Premier’s Broad Avenue office as they pursue a dual-market arrangement. 

In a statement, Redfin CEO Glenn Kelman also asked MLSs to create a “coming-soon” designation that precludes search sites from showing listing history. 

The arrangement will provide agents and brokers access to listing and sold data covering almost all of Illinois.

eXp Realty was the first brokerage to publicly join Zillow, announcing its commitment to ensuring eXp listings are available on Zillow within 24 hours of marketing to consumers.

The upgrades that brought homeowners the most joy in 2024 were primary bedroom suites, kitchens and new roofing.

“Build relationships, stay patient, be persistent, and always learn something new.” — Martina Trenchevski, Realtor, Coldwell Banker Realty, Hinsdale