News / Features

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.

2023 was a ‘perfect storm’ for the suburbs — but December marked a turnaround

Both detached and attached suburban home prices rose during 2023, 3.2% and 10%, respectively, year over year, according to annual data from the Mainstreet Organization of REALTORS®.

This World’s Fair gem is on the market — and it’s pink!

The aptly named Florida Tropical House is a historic piece of Northwest Indiana real estate. It’s also for sale — sort of.

Own the home — and garage — where Jeff Bezos founded Amazon

Formerly rented by Jeff Bezos in the 1990s, this Bellevue abode is the true birthplace of Amazon.

NAR: Existing-home sales slid 1% in December but are expected to rise 

At the same time, the median sales price rose 4.4% to $382,600. 

Builder confidence jumps in January on falling mortgage rates 

The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row. 

Power players in Chicago real estate named to SP 200

Several Chicagoland real estate executives were named to T3 Sixty’s Swanepoel Power 200. Check out the list.

Home listings grow as prices stabilize

Home listings grew in December as housing prices stabilized, closing out an interesting 2023 for the real estate market.

Local business groups unite against city’s upcoming transfer tax referendum

The Building Owners and Managers Association of Chicago and other local business groups have filed a lawsuit aiming to block the city’s real estate transfer tax referendum from taking place.

NAR President Tracy Kasper resigns after receiving threat to reveal ‘personal’ matter

NAR President-elect Kevin Sears will move into the role of president, effective immediately.

What the recent surge in single-family construction means for 2024

The growth in November housing starts was seen across all United States regions, including a notable jump of 16.3% in the South; starts were up 1.4% in the Midwest.

2024 market outlook: What needs to happen for a robust year

Three real estate CEOs — Victor Ciardelli, Erik Doersching and Thad Wong — explain what needs to happen in real estate for a robust year.

Revealing the top home shopper search terms of 2023

A Zillow analysis of more than 250 billion online searches shows storage and outdoor amenities to be among the top preferences for American home shoppers in 2023.

Only 1.7% of Chicago homes were affordable in 2023

Falling mortgage rates and more inventory could mean an improvement in housing affordability in the new year.

Take in the cliffside views from your very own lighthouse

Become the owner of your very own — functioning — lighthouse in the oceanside town of Yachats, Oregon.

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