News / Features

Chicago’s top 5 news stories from 2024

Over the past 12 months, our local coverage tracked all the local breaking news. These were the most-read Chicago stories.

2024’s top 10 national news stories

2024 was jam packed with big news stories, from the presidential election to the NAR settlement. Check out our most-read stories.

Statewide sales, prices and inventory surge for second month straight

Home sales, median prices and the number of for-sale homes all rose in Illinois during November, year over year, according to new data from Illinois REALTORS®.

New-home sales rise 5.9% month over month in November

The median-sales price slid from $425,600 in October to $402,600 last month. 

Economist Matthew Gardner’s predictions for real estate in 2025

Matthew Gardner shares his predictions for the housing industry in 2025.

Suburban homes are taking (slightly) longer to sell

Homes in the Chicago suburbs are spending slightly more time on the market, according to new data from Mainstreet REALTORS®.

Marcey Street development stalls — again — amid zoning slowdown

Tensions were high when the Chicago City Council failed to accept or reject Sterling Bay’s proposed new development on Dec. 11.

Inhabit your own island off the coast of Connecticut

This luxury property isn’t just a home — it’s an entire multigenerational compound, situated on a one-acre private island off the coast of Greenwich, Connecticut.

NAR: Existing-home sales rise in November for sharpest gain since 2021

The year-over-year increase of 6.1% is the greatest since June 2021, according to the association. 

Santa’s North Pole cabin back on Zillow with new ‘Let Santa Know You Moved’ feature

Families can notify Santa of their new addresses to ensure their children’s presents make it to the right place on Christmas.

Suburban Chicago rated the second-hottest rental market in the nation

The report cited hot rental markets in Arlington Heights, Barrington, Deerfield, Evanston, Glenview, Naperville and Oak Brook.

RE/MAX: Atlanta home sales inch higher year over year in November

On a monthly basis, however, sales were down 13.3%, RE/MAX said. 

City Council rejects any property tax increase; Illinois REALTORS® expresses thanks

Chicago’s City Council narrowly passed a 2025 budget, worth $17.1 billion, on Dec. 16. After weeks of negotiation, it included no property tax increases whatsoever.

What the Compass acquisition means for @properties and Christie’s International Real Estate

“Things will not change on a day-to-day basis,” says @properties Christie’s International Real Estate CEO Thad Wong.

NAR thinks these cities will be ‘housing hot spots’ in 2025

There are 10 factors that influence this prediction, NAR said.

Pritzker creates new director of housing solutions role in his administration

The governor says more needs to be done to address housing for working-class families, so he created a new role: director of housing solutions.

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