BHHS Chicago agents Anna Fiascone and Natalie Ryan have closed on a $5.1 million sale in Burr Ridge. The transaction marks the priciest residential closing in DuPage County so far this year.

StorageCafe has released a ranking of the most city-like suburbs in Chicagoland — and Vernon Hills tops the list.

Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity. 

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

Kenny Parcell has resigned as president of the National Association of REALTORS® following a recent bombshell report by the New York Times into allegations of sexual harassment within the organization.

Vertical Horizons Tree House Paradise, which includes four tree houses fixed amongst the scenic Douglas firs, is up for sale.

According to a new study by Point2, the average monthly Chicago rent is now — a staggering — $2,215. For that price, many residents may consider swapping their rental payments for a mortgage.

Two weeks after housing inventory turned negative, home prices posted a healthy increase, MarketNsight said. 

Halfway through 2023, interest rates are still high, inventory is still low — and home prices are holding steady in Chicagoland as sales slip, according to new data from the Mainstreet Organization of REALTORS®.

High mortgage rates and limited inventory continued to weigh on sales activity, National Association of REALTORS®Chief Economist Lawrence Yun said. 

MLS freeze strikes agents in Florida, Massachusetts, Indiana, New York, California and elsewhere.

Pre-leasing has begun at The Dylan, a new luxury apartment tower by Sterling Bay. Located in Fulton Market at 160 N. Morgan, the building includes 282 rental units.

A pair of Near South Side mansions, located at 1801 and 1811 S. Prairie Ave., have sold for $3.9 million — and the transaction marks a new period for the historic structures.

Single-family home permits and completions, meanwhile, also rose, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Dream Town Real Estate has launched a new, solar-powered broker-branded sign system created in collaboration Lowen Sign Company, a national vendor.

Homes where the loan-to-value ratio is 50% or lower — equity-rich homes — are on the rise, which is good news for homeowners.