News / Features

Chicago’s annual home-price growth is second-highest in the nation

CoreLogic expects prices to continue to grow through next year, albeit at a more traditional pace than in the height of the pandemic. 

3D home tours, customization and other keys to reaching today’s new-construction buyers

One of the biggest hurdles facing residential builders is raising awareness of their projects among prospective buyers, according to Zillow’s recently released new-construction consumer housing trends report.

High housing costs dampen homebuyer demand

Those looking to buy a house will be paying a premium as inventory continues to be an issue.

Dawn McKenna partners with Luxury Presence for AI-powered real estate app

“I started building this app to give my team a competitive advantage,” McKenna said. But now, she is excited to share the app with the public.

Marion Valle to be inducted into CAR Hall of Fame

The Chicago Association of REALTORS® will induct Marion Valle, a past president of the association, into its Hall of Fame later this month at the group’s 140th Inaugural Gala.

Spanish exterior, medieval interior

On the exterior, this 11,000-square-foot estate may seem like your typical desert mansion — but step inside and you’ll see why it’s called the “Castle of Ancala.”

BHHS Chicago’s Anna Fiascone and Natalie Ryan close largest DuPage County sale of 2023

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.

This northern Chicago suburb is the most ‘city-like’

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

NAR: Pending-home sales post second monthly increase in a row

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

Case-Shiller: Home-price index just 0.02% off 2022 peak; Chicago leads U.S. in annual gains

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. 

NAR President Kenny Parcell resigns amid reports of sexual harassment

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.

Nest in your own — luxury — tree

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

How much space swapping your rent for a mortgage gets you in Chicago

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.

‘Collapse’ of housing inventory drives price rebound

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

Home prices holding steady in the Chicagoland suburbs

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®.

NAR: Existing-home sales decline as median price remains above $400,000

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

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