News / Features

NAR names Nykia Wright interim CEO, replacing retiring Bob Goldberg

Nykia Wright has been named interim CEO for the National Association of Realtors® (NAR), effective Nov. 20.

NAR, Keller Williams, HomeServices of America found liable of conspiring to inflate commissions

The National Association of REALTORS®, Keller Williams and HomeServices of America were found liable of conspiring to inflate commissions and ordered to pay damages totaling $1.78 billion, a jury in Missouri ruled Tuesday.

Nearly one-third of homes for sale are new construction

New single-family home sales increased by 12.3% during September, the fastest pace since early 2022.

Likely increase in first-time Hispanic homebuyers

Around 70% of new homebuyers will be Hispanic by 2040, according to projections from the Urban Institute. Based on the 2020 Census data, Hispanics are the quickest growing demographic in the U.S. However, with rising interest rates and escalating home prices, affordability issues are appearing for young Hispanic homebuyers.

How low inventory affected the Illinois market in September

Low housing inventory drove sales down and prices up in September, according to a report from Illinois REALTORS®.

An 1800s castle, restored to modern glory

This Midwest castle, built in the late 1800s, stands as an authentic reproduction of a Richardsonian Romanesque Scottish castle.

New-home sales jump in September despite interest rates 

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

Fulton Grace Realty expands into Florida with acquisition of DreamWorks Real Estate Inc.

Chicago-based Fulton Grace Realty has acquired DreamWorks Real Estate Inc., a brokerage headquartered in Stuart, Florida, marking its first expansion into the state.

A storybook castle nestled in private woods

The castle is listed by Richard Bassford, leader of The Bassford Team at RE/MAX Concepts Bettendorf, for $700,000.

Short supply helps drive existing-home sales to 13-year low 

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.   

Historic Lake Geneva home is most expensive on the Wisconsin market

Priced at $30 million, Lake Geneva’s Aloha Lodge is the most expensive home for sale in Wisconsin — by a lot.

Inventory uneven across the Chicago suburbs

There were two months of available inventory in the Chicagoland PMSA during September, according to the Mainstreet Organization of REALTORS® — which is about four months shy of a healthy market.

Housing starts rebound in September after August dip 

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures. 

The hottest home trends of 2024 — according to Zillow

Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.

Buyer agent commissions hang in the balance during federal case beginning this week

No matter what the jury decides, it could take years for the appeals process to work itself out, delaying any potential changes to agent commissions.

How to sell a home that’s — allegedly — full of ghosts

Four bedrooms, 2.5 bathrooms, original wood flooring … and a pattern of paranormal activity. These are the features agent Heather Bland had to manage when overseeing the sale of Whispers Estate — one of the Midwest’s most haunted homes.

New Subscribe

  • This field is for validation purposes and should be left unchanged.