News / Features

Chicago’s ‘most’ — and ‘least’ — expensive ZIP codes may surprise you

Comparing each ZIP code’s median home price to its median household income presents a surprising picture of Chicago real estate.

NAR: Home prices rise across the country in the fourth quarter of 2023

Single-family home sales prices increased in 189 out of 221 metro areas analyzed, with the median single-family price in the country rising 3.5% year over year to $391,700.

Dawn McKenna Group lists Naples, Florida, compound for $295 million, a new U.S. record 

If it sells for close to the asking price, the sprawling family compound would be the most expensive residential sale in U.S. history.

HomeServices asks the Supreme Court to review Sitzer-Burnett ruling

Months after being found liable in the now-famous Sitzer-Burnett trial, the Berkshire Hathaway affiliate is asking the U.S. Supreme Court to review a ruling related to the case.

Chicago No. 2 in the nation for net migration among Gen Zers

In 2022, the top net migration cities among Gen Zers were Washington, D.C., Chicago and Boston. 

Luxury home prices hit all-time high; record number cash sales recorded

Redfin points to surge in prices, new luxury listings and a boost in sales as affluent homebuyers and sellers show increased activity.

Welcome to the second annual Who’s Who in Lake Geneva Residential Real Estate

This special edition showcases the top professionals in the residential real estate market — the agents and loan officers who elevate each transaction so every client can relax.

Keller Williams and Coursera create new professional certification 

The KW Real Estate Agent Professional Certificate comprises 124 hours of real estate education, including videos, readings, assessments and hands-on projects. 

Draper and Kramer Mortgage acquired by New American Funding

The acquisition will bring most of Draper and Kramer’s loan originators and operations and support staff to NAF.

What a $100,000 salary gets you in Chicago

What does a $100,000 salary get you in Chicago these days? Not much, according to new research from GOBankingRates.

Daniel Goodwin, who built up Inland Real Estate Group, dead at 80

Daniel Goodwin, chairman and CEO of Inland Real Estate Group, died on Jan. 19, following respiratory issues which led to pneumonia. He was 80 years old.

December pending home sales surge past expectations 

Pending home sales rose 8.3% month over month, the National Association of REALTORS® said, marking the largest monthly jump since 2020. 

Chicago home sales increased 6.8%, year over year, in December

As inventory remained tight, both annual and December home sales were down at the end of 2023, according to a new report from the Chicago Association of REALTORS®.

December new-home sales jump 8%

Declining interest rates spurred the increase. 

At CAR event, Lawrence Yun predicts four or five interest-rate cuts

NAR Chief Economist Lawrence Yun shared his interest rate expectations at CAR’s recent Market Outlook event.

IDFPR increases real estate licensing fees

The Illinois Department of Financial and Professional Regulation (IDFPR) has increased several real estate license fees.

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