Market volatility is causing more and more homebuyers to delay or cancel plans to make a purchase.

It’s that time of year! Find out which association members will be leading Realtors throughout Chicagoland, for the year to come.

As if a lakeside property were not fun enough, this home in Madison, Wisconsin. includes a large spiraling slide in the foyer.

The National Association of Realtors® has named Revive as the winner of the 2022 Innovation, Opportunity & Investment (iOi) Summit “Pitch Battle.”

Check out all of the top public high schools in Illinois. Of the top five, three are Chicago Public Schools.

The price index continued to climb in Chicago, though, increasing 0.65% from June to July. Year over year, the Chicago home price index is up 9.6% 

While 23% of residential Realtors claim they have feared for their safety while on the job, 98% reported that they have never been the victim of a crime while at work.

The National Association of REALTORS® expects existing-home sales to close 2022 15.2% lower compared to 2021, thanks to economic uncertainty and rising mortgage rates. 

In Chicago, 41.9% of Redfin offers faced competition in August

Sales of new homes in the U.S. jumped 28.8% between July and August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  

Following the association’s Inaugural Gala, Illinois REALTORS® installed its 2023 leadership team. Michael Gobber took the reins as president.

NAR and the National Forest Foundation (NFF) plan to plant 1.575 million new trees by the end of 2025, thanks to a $1.575 million donation from NAR. That many trees will reduce 750,000 metric tons of carbon in the atmosphere — the equivalent of 145,931 homes’ yearly electricity use.

The mortgage lending and digital finance company Guaranteed Rate has launched an extensive Language Access Program to expand services to Spanish-speaking clients. The program uses language and cultural information to create an inclusive and informative experience for all clients, regardless of their English proficiency.

Baird & Warner has officially opened a new office in Berwyn, located at 6347 Cermak Rd. In addition to functioning as another real estate branch for the firm, this office will serve as a first-of-its-kind community resource center for potential homebuyers.

Two economists expressed concerns about the real estate industry in the wake of the Fed’s decision to raise interest rates by three-quarters of a percent. 

Illinois homes sold somewhat faster in August 2022 than in the year prior, even as median prices rose statewide, according to new data from Illinois REALTORS®.