News / Features

Chicago-area Realtors rally to raise funds for Highland Park victims

As the Highland Park community, along with the rest of the nation, mourns the tragic event that took place at the Fourth of July, Realtors are mobilizing to help support victims and their families. 

Showing activity is strong in central Illinois despite nationwide slowdown

A new report from ShowingTime reveals a continued drop in home showings nationwide: During May, buyer traffic decreased 18.2% year over year.

Chicago home price growth exceeds 11% in May, deceleration on the horizon

Prices for single-family homes in Chicago increased by 11.1% year over year in May, up from 10.7% month over month in April.

Decoupling broker commissions could be coming

Agent commissions of the future could look much different than they do today, as a Department of Justice investigation into the issue of decoupling buyer and broker commissions continues, class-action lawsuits are advancing and associations and MLSs are adjusting their policies.

Hole up in your very own hobbit house

More than 1,000 square feet are tucked away inside this real-life, hillside Hobbit house! It looks straight out of Middle Earth.

Rock out in a geological masterpiece

The Peterson Rock Garden and Museum, a beloved local attraction in central Oregon, is officially for sale. It’s listed for $825,000.

April Baker of BHHS Chicago sells record-setting single-family home in Forest Park

April Baker of the Gillian Baker Team represented the buyers who acquired the $830,000 property: a record for the area.

10 markets where buyers retain an edge

Realor.com has compiled a list of the 10 markets where homes are lingering the longest — giving buyers a rare edge.

CAR CEO Michelle Mills Clement joins the Metropolitan Pier and Exposition Authority Board

CAR CEO Michelle Mills Clement has been added to the Board of the Metropolitan Pier and Exposition Authority.

Housing inventory rebounds at record rate in largest metros, but Chicago lags behind, Realtor.com reports

The number of homes available to buyers climbed 18.7% in June, the sharpest year-over-year increase in the history of the report.

Chicago price increases revealed in new S&P CoreLogic Case-Shiller Index

What does the latest S&P CoreLogic Case-Shiller Index show about Chicago real estate?

It’s still a seller’s market in Chicagoland

Across the state of Illinois, homes sold quicker in May 2022, year over year. Even as interest rates inched higher, demand remained strong.

Pending-home sales post surprise increase in May

The increase ends a six-month string of monthly declines, the National Association of REALTORS® said.

Mortgage payments up 37% in Chicago, as housing affordability hits 15-year low

Chicago mortgage payments have grown 37%, as housing affordability hits a 15-year low, according to a new report.  Zillow’s latest market report found rising mortgage costs, along with skyrocketing prices and interest rates have made mortgages less affordable than

Surprise surge in new-home sales in May as median price falls

New-home inventory rose to 444,000 homes in May from 437,000 homes in April, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.  

Illinois among top 5 most fun states

When you consider entertainment, recreation, nightlife, parties and overall costs, it turns out, Illinois is a pretty fun state! And that has a positive effect on Chicago real estate.

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