A recent study used MLS data from 200 U.S. cities to determine which city offers the most square footage for $1,500 per month.

Interest rates on mortgages of all types declined last week, spurring an uptick in borrowing, the Mortgage Bankers Association reported. 

Price hikes are slowing down and inventory is up — generally — but less expensive homes are bucking larger market trends. According to Zillow, the price of bottom-tier homes increased 8% year over year, while bottom-tier inventory increased just 1%.

Redfin has launched a ChatGPT plug-in to help buyers find their new home, a potentially powerful tool in their arsenal as today’s homebuyers work to find the perfect home.

NAR Chief Economist Lawrence Yun said the Federal Reserve’s latest increase in its benchmark interest rate is an unnecessary threat to many small regional banks.

Illinois REALTORS® Immediate Past President Ezekiel “Zeke” Morris has been named as the association’s 2023 REALTOR® of the Year. The award honors his dedication to excellence and impact on the industry.

The brokerage says the “business communities” — KW Operations, KW Wellness and KW Clarity — provide agents with specialized training, technology, coaching and referral opportunities. 

According to the NAHB, The New American Home® represents the latest in luxury real estate. It was unveiled at their recent tradeshow.

At Flying Harness Farms in Bell, Florida, homeowners are treated to five acres, four bedrooms, four bathrooms — and a landing strip and aircraft hangar.

Dubbed Kings Landing, this stately waterfront property in Long Island inspires comparisons to “The Great Gatsby.” It’s listed by Ryan Serhant and Rachel King of SERHANT, in collaboration with Stefani Berkin and Robert Barr from We R New York.

High demand drove multiple offers on about a third of pending sales, while 28% of homes sold above list price, the National Association of REALTORS® reported. 

Frank J. Williams was a winner at NAR’s Fair Housing Champion Awards, honoring his decades of service at both the state and local level.

Statewide home sales were down year over year in March 2023, according to new data from Illinois REALTORS®. However, sales were up 46% month over month.

Chicago’s suburban market is still frenzied, according to the Mainstreet Organization of REALTORS®. And baby boomers are driving much of the action.

U.S. government data shows builders increased the pace of single-family home construction while slowing the pace of multifamily starts. 

Corcoran Urban Real Estate has added Tyler Stalling and Sophie Xu to its leadership team, the company recently announced.