@properties held its annual EXPO in-person for the first time in two years on Nov. 16. A record 1,600 agents attended the event.

The Hill of Western Springs, a new boutique condominium, broke ground on Nov. 3. It’s being exclusively marketed by BHHS Chicago agents.

Sue Yannaccone, CEO of Anywhere Brands, will lead the brokerage as M. Ryan Gorman moves to a strategic-advisor role. 

Baird & Warner broke ground on its new Naperville office on Nov. 30. Located at 1528 Aurora Ave. The 155,000-square-foot building will house up to 500 agents upon completion late next year.

Naturally, we’re all wondering how recent mortgage rate hikes will affect home prices in the coming year. What does it mean for home sellers and buyers?

Life finds a way at this adventurous getaway in Washougal, Washington. The Jurassic Retreat is currently listed for $1.29 million.

Homebuyer demand is rising as mortgage rates continue to decline, according to a new Redfin report.

October’s 4.6% monthly drop follows a 10.2% decline in September, the National Association of REALTORS® reported. 

Nationally, home prices and inventory, rents and mortgage rates will increase, while real estate transactions will decrease, according to Realtor.com.

Housing prices were down in all 20 cities tracked by the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.

New-home sales rose 7.5% month over month, while the median price of a new house surged to $493,000 from $455,700 in September and $427,300 a year ago, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.   

The pace of new single-family home sales, meanwhile, fell 6.1% from September to 598,000. 

Chicago came in at No. 13 in this year’s 2023 World’s Best Cities Report, a comprehensive annual study by Resonance Consultancy.

In the wake of this new rule, FHA borrowers will have a choice between federal flood insurance and private flood insurance.

The brand will specialize in cottage-style homes with private backyards. 

As suburban inventory remains low, detached and attached homes are moving at different paces, according to new data from the Mainstreet Organization of REALTORS®.