News / Features

A vocal celebration: The Engel & Völkers 2023 Pride Leadership Summit

At the second annual Engel & Völkers Pride Leadership Summit, a series of presenters and panelists shared educational, actionable approaches to promote the LGBTQ+ community — in and out of real estate.

Fed pauses interest rate hikes

The Federal Reserve on Wednesday halted its streak of 10 consecutive rate hikes since March 2022.

Homebuyer competition driving up Chicago home prices

Homebuyer competition is driving up prices, as inventory constraints continue to plague the real estate market.

Chicago is the third-most cost-effective city — in the world

According to a new report from Compare the Market, the Windy City ranks No. 3 among the most cost-effective cities in the world.

There aren’t enough affordable homes on the market for middle-income buyers

Homes affordable to middle-income buyers — defined as households earning up to $75,000 — fall in the $256,000-to-$320,000 range. But of the over one million U.S. homes on the market at the end of April, less than a quarter of all listings were within that price range.

Migration between major brokerages in 2023

The first quarter of 2023 shows some serious agent fluctuation at many of the country’s biggest brokerages.

A treehouse in paradise

Live out your Hawaiian dream in this massive treehouse, suspended 20 in the lush treetops, five miles from Hawai’i Volcanoes National Park.

A Hollywood mansion — truly

Located in Davenport, Florida, on Fantasy Drive, the street name says it all. A bold mansion designed to offer the true Hollywood experience

Home price growth slows as inventory fell in May

Chicago listings were down 18.5% from last year.

Most adults support housing densification in their neighborhood

These new homes are envisioned as “missing middle housing,” such as medium and large apartment buildings.

Chicago sees 4% annual increase in home prices

A second consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index could indicate a reversal of the negative trend that began last year. 

Seller concessions on the rise in Chicago and nationwide

The percentage of Chicago sellers making concessions to buyers is up from last year.

PulteGroup appoints Kevin Henry chief people officer

The incoming executive has held similar roles at BlueLinx Corp. and Extended Stay America. 

Illinois — the most affordable state to buy a house?

While home affordability remains an issue nationwide, Illinois buyers may feel a bit more freedom. A new study revealed that Illinois is the state where buying a house is the least expensive.

NAR: Limited supply keeps pending-home sales flat in April

Despite solid demand, a dearth of homes for sale kept transaction numbers muted in the association’s most recent report on pending sales. 

New-home sales rise for fifth month in a row

A shortage of existing inventory continues to drive buyers to new construction. 

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