Builder confidence in the market for newly built single-family homes increases again.

The Chicago Tribune ranked Chicagoland’s Top Workplaces. Notably, the top three large companies and the No. 1 midsize company were all residential real estate brokerages.

Home sales, homes prices and homes for sale all rose in Illinois during October, according to new data from Illinois REALTORS®.

The new findings come from real estate tech strategist Mike DelPrete.

The increase follows two months of declines, the National Association of REALTORS® said. 

The median homebuyer age recently hit a historic high — 56 — as reported by NAR. And this is apparent in the Chicago suburbs, too, according to new data from Mainstreet REALTORS®.

Multifamily construction, meanwhile, rose on a monthly basis. 

In Spruce Pine, North Carolina, this hillside house is carved directly from the earth. It’s listed on Special Finds for $352,000.

NAR’s 2024 Profile of Home Buyers and Sellers included several record-setting stats about homesellers and FSBOs.

The Avenue will feature a mix of high-end retail and hospitality venues, plus 50 upscale residences priced from just under $3 million. 

Buyers had been sitting on the sidelines awaiting the election’s outcome, as well as drops in mortgage rates, but they are back and looking to buy.

Homeowners and buyers will prioritize nostalgic, old-world design sensibilities juxtaposed with modern sustainability technologies next year, according to Zillow.

The market share of first-time homebuyers has dropped to 24%: a historic low, according to NAR. The median homebuyer age also hit a record-high of 56.

“Maybe the worst is coming to an end,” Yun said.

Voters supported the Property Tax Relief and Fairness Referendum, with 60.2% in favor. But what does that mean?

As the nation reacts to President-elect Donald Trump’s win, real estate agents are no doubt wondering what a second Trump term means for housing. Here’s a rundown.