On Sept. 4, the North Shore-Barrington Association of REALTORS® held a black-tie optional induction ceremony at Ravinia Tree Top. Between 150 and 175 people attended.

The latest reading of the National Association of REALTORS® Pending Home Sales Index shows a return to month-over-month growth after a decline in July.    

On Sept. 20, CAR hosted its 141st Inaugural Gala at the Hilton Chicago, inducting new officers and board members. Over 350 people attended.

More than 300 Realtors and their guests attended the black-tie event.

The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000. 

The Chicago City Council has signed off on Slim, a 37-story apartment coming to Lincoln Park at 1565 N. Clybourn Ave.

In Winnetka, $305,992 is the minimum income to be considered “middle class,” according to GOBankingRates. In Hinsdale, it’s $253,653.

Illinois home sales fell year over year during August, while median prices and available homes both rose, according to new data from Illinois REALTORS®.

The 2.5% decline followed a 1.3% increase in July, according to the National Association of REALTORS®. 

Time on market for detached homes in the Chicagoland suburbs continues to decrease, according to the Mainstreet Organization of REALTORS®.

Mortgage rates have been dropping in recent weeks in anticipation of the Fed’s move.

Michael Jordan’s massive mansion in Highland Park mansion is under contract. This news comes 12 years and six months after the Chicago Bulls star first listed the home.

The expectation of a rate cut this week, and the potential for more later in the year, has already moved mortgage rates lower.

At a time of year when the real estate market typically experiences seasonal declines, this fall is bringing just the opposite.

The two-day conference included more than 20 presentations on how tech is changing real estate.

Rate introduced its Spanish-language mortgage process in 2022.