News / Features

Apartment construction surges nationwide

The influx represents a 9% increase compared to last year and a 30% jump from 2022.

Fulton Grace Realty’s grand Elmhurst opening

Fulton Grace Realty has expanded into Elmhurst with a new office in the suburb’s downtown area. A grand opening event was held July 9.

Michigan agents sue NAR, claim membership requirement to access MLS violates federal law

The lawsuit criticizes NAR’s new rules in the wake of its legal settlement.

Housing inventory reaches post-pandemic high as market continues to balance

The combination of rising inventory and price reductions in Chicago and nationwide is creating a more buyer-friendly market.

What you need to know when NAR’s new rules start Aug. 17

There are nuances in NAR’s rule changes that are important to know for buyer’s agents, seller’s agents or clients.

Average mortgage rate drops to lowest level in more than a year

The average 30-year fixed mortgage rate dropped more than a quarter point since last week.

Minority-owned small business lender Lendistry to offer home loans in Illinois

Lendistry Home Loans will offer conventional purchase and refinance loans, as well as loans for non-traditional borrowers. 

This for-sale New Orleans mansion was owned by Nicolas Cage

In addition to all the local lore, the LaLaurie Mansion features eight bedrooms and 10 bathrooms. 

Pending home sales regain upward momentum in June

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

Daniel Manginelli to lead in-house coaching for Rate

Rate, formerly known as Guaranteed Rate, has appointed Daniel Manginelli to lead its nationwide sales coaching program: Success Coaching Solutions.

A $2.6 million treehouse in Washington state

Camp out under the stars in style in this two-bedroom, two-bathroom luxury treehouse on Orcas Island in northern Washington.

Major mixed-use development coming to United Center parking lots

A privately financed, $7 billion megadevelopment will rise around the United Center over the next 10 years.

Housing data still leans in favor of sellers, REALTORS® Confidence Index shows

Just 13% of respondents expect an increase in buyer traffic in the next three months.

Rounds of rate cuts may come sooner than you think, Lawrence Yun predicts

NAR Chief Economist Lawrence Yun expects a pre-election interest rate cut this fall — the first of six to eight rounds.

Suburban single-family home sales drop 20% year over year

Median sale price increases 10% to $425,000.

Illinois sales are increasing as inventory rises — but not in the city

Statewide home sales increased slightly during May, according to data from Illinois REALTORS®, but the increase in inventory was much starker.

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