For the first time in two years, home prices are on the rise in every major metro and Chicago is one of them, according to a new Redfin report. 

Willis initially served as president from 2002 to 2005 and as CEO from 2005 to 2014. He then resumed the post of CEO in November 2023 and took over as president again in March of last year.

The number of detached homes sold in Chicagoland suburbs decreased in 2024, while prices continued to climb, according to new data from the Mainstreet REALTORS®. However, attached home sales rose.

Once again, Chicago ranks among the best cities in the world, according to Time Out magazine’s annual list. This time, the Second City came in at No. 11.

Illinois’ own Oak Park came in at No. 48 on Travel Lemmings’ list of world’s top 50 travel destinations.

Rockford is technically the fifth-largest city in Illinois. But according to Realtor.com, it’s the hottest housing market in the nation.

Nationally, home sales were up 13.3% year over year and 4.4% month over month, RE/MAX said. 

Those regrets may explain why the survey also found that 59% of respondents said they plan to move in 2025.

The Eighth Circuit Court of Appeals has ruled in favor of defendant brokerages and agents using floor plans when marketing properties.

Zillow has released its list of the hottest real estate markets predicted in 2025 and Chicago made the ranking.

In 28 cities, the typical local family can afford less than 1% of for-sale properties, according to a recent study by NetCredit.

After less than a year in the role, Amy Lessinger is exiting her position as president at RE/MAX, effective Jan. 17.

The National Association of Home Builders (NAHB) has joined 15 states in a legal complaint to prevent the adoption of new minimum energy-efficiency standards.

Four real estate titans — Kamini Rangappan Lane of Coldwell Banker Realty; Amy Lessinger of RE/MAX; Mike Miedler of Century 21; and Robert Reffkin of Compass — share their insights on the year ahead.

NAR signaled its intent to continue its Clear Cooperation policy, but the debate over the issue has not subsided. Brokerage leaders weigh in.

This Bentonville, Arkansas home is listed by John Mayer of Better Homes and Gardens Real Estate Journey for $3.2 million.