“Investors are weighing the impacts of rapidly increasing inflation in the U.S. and many other parts of the world against the potential for a slowdown in economic growth due to a renewed bout of supply-chain constraints.” — MBA associate vice president of economic and industry forecasting Joel Kan

In Chicago, 12 homes sold for at least $100,000 over asking price, up from four in 2021.

Structured Development has officially launched the second phase of Harrison Row Townhomes, an affordable townhome community in East Garfield Park.

The company has named Paul Hurst its chief innovation officer, a new role that reports directly to CEO Ken DeGiorgio.

Of the homes that went under contract during the four weeks ended March 6, 58% had an accepted offer within the first two weeks of going on the market, and 45% had an accepted offer within just one week, Redfin reported.

Paul Ratha Yem is a Massachusetts real estate broker and former Cambodian refugee who sees parallels between his story and the women and children escaping war-torn Ukraine.

Foreign buyers accounted for less than 2% of U.S. residential real estate transactions last year, and Russian buyers accounted for less than 1% of those, the National Association of REALTORS® reported. 

@properties Christie’s International Real Estate announced has announced Denise Tazelaar has been named the firm’s new vice president of education.

The number of homes sold in Chicago last year was far higher than the national average, Compass has found in a new data report.

“Looking ahead, the potential for higher inflation amidst disruptions in oil and other commodity flows will likely lead to a period of volatility in rates.” — MBA associate vice president of economic and industry forecasting Joel Kan 

When Tim Ryan conceived of the REALTOR® Pride Pin, the small accessory carried a big message.

Having passed through the Illinois House of Representatives last April, the state Senate is expected to vote on House Bill 2775 this month — and local real estate agents are urging opposition.

Overall, it was a downtrending month for real estate in Chicago: Housing starts, existing-home sales and inventory down decreased across the board.

Just an hour from outer Chicago, sits a spaceship-like structure: Illinois’ famous rotating house.

The real estate franchisor’s 140,000 agents closed more than two million transaction sides in 2021 to become the first real estate brand to do so in a single calendar year, according to the company.

“Meet the Women Transforming Chicago Real Estate” was the first of many panels at the CAR-sponsored conference Titans of Industry: Women in Real Estate.