News / Features

Buyers are taking their time in the Chicago suburbs

Detached suburban home prices are mostly stable, but sales remain down and time on the market is increasing, indicating that Chicagoland homebuyers are taking their time, new data from the Mainstreet Organization of REALTORS® shows.

NAR CEO Bob Goldberg to retire at end of 2024

Goldberg’s retirement comes after 30 years of service with NAR and four decades of real estate experience.

Single-family home starts jump in May

The larger-than-expected increase comes as homebuilder sentiment rose for the sixth month in a row. 

Housing inventory faces largest decline since 2022

There are nearly 40% fewer homes for sale now than before the pandemic began.

Chicago’s housing shortage cracks national top 10

Chicago’s job market is hot right now — further exacerbating the city’s housing shortage, according to new research from PortlandRealEstate.com.

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. 

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