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.  

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.

Meanwhile, existing-home sales slid 3.4% from April to a seasonally adjusted annual rate of 5.41 million, according to the National Association of REALTORS®. 

Following recent growth, Luxury Living Chicago Realty (LLCR) has announced the addition of 25 team members, as well as a slate of promotions.

Nationwide, sales fell 8.5% annually and rose 5.8% monthly, as rising interest rates and home prices weighed on homebuyers’ purchasing power, RE/MAX said.

The Chicago Association of REALTORS® hosted the 360 Summit: Leading with Diversity, Equity and Inclusion which featured many panels focused on DEI topics.

To fund anti-homelessness efforts, the city of Chicago may triple the transfer taxes levied on expensive Chicago properties.

New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report. 

The Federal Reserve raised interest rates by .75% today: the sharpest increase since 1994. How will that affect real estate?

The Naperville-based Berkshire Hathaway HomeServices Elite, REALTORS® is officially joining with Berkshire Hathaway HomeServices Chicago.

Two major real estate firms are cutting their workforces amid a cooling housing market. Compass and Redfin are laying off 10% and 8% of their current staffs, respectively.

Lumber prices, once emblematic of widespread supply-chain woes, are finally beginning to fall. How will this affect the housing market?

It is a fun reminder that location is everything, and every state has amazing ultra-luxury properties for the right price.

Your dream home is ready for excavation in Cleveland, Ohio. With large dinosaur statues playing out prehistoric scenes, this three-bedroom colonial is like no other home on the market.

The building is exclusively represented by brokers Zak Knebel and Camille Hoover of Berkshire Hathaway HomeServices Chicago’s Oak Park and River Forest offices.

A new Zillow survey revealed that 50% of Americans cry while buying a home, with Gen Z and millennial buyers far more likely to shed tears at least once during their home-buying journey.