Among the 51 metro areas surveyed in October, closed transactions were down 6.4% from September, nearly twice the average pre-pandemic decline of 3.3% between 2015 and 2019, RE/MAX said, citing its National Housing Report.

Lake Geneva-based brokerage Keefe Real Estate announced it is joining Compass, according to press release.
Keefe, which operates in northern Illinois and southern Wisconsin, said it will maintain its leadership team, agents, staff and offices under the Keefe Real Estate Compass brand.

Company officials say the organizational changes will support the company’s record-setting growth.

The world’s wealthiest dog is about to get a little richer. Worth nearly half a billion dollars, the German shepherd named Gunther VI recently listed the former Miami estate of Madonna for $31.75 million, according to a press release.

November’s reading of 83 was up three points from October, driven by low existing inventories and strong buyer demand, the National Association of Home Builders reported, citing the latest NAHB/Wells Fargo Housing Market Index.

@properties is continuing its expansion strategy on an international scale, announcing today its plan to purchase Christie’s International Real Estate.

Housing observers noted that demand for housing remains robust despite the lack of new supply.

The National Association of Realtors® announced new, pro-consumer changes to its guidance for local Multiple Listing Service broker marketplaces.

Several local residential real estate firms have been honored by the Chicago Tribune as Top Workplaces.

Thirteen of the 15 states with the lowest percentages of equity-rich properties in the third quarter included Illinois.

Of the 200 organizations recognized by the Chicago Tribune as Top Workplaces, the top three large businesses were all local real estate companies: Compass, @properties and Berkshire Hathaway HomeServices Chicago.

Seventy-eight percent of the 183 U.S. markets monitored by the National Association of Realtors had double-digit increases in their median home prices, a decline from the second quarter, when 94% of markets saw double-digit increases.

Landtrust Title Services has received the national Excellence in Action Award from Fidelity National Title Group.

The supply of affordable homes on the market rose a record 13% in the third quarter as mortgage forbearance programs ended, prompting low-cost homeowners to put their properties on the market.

Atlanta’s Rodney Mason, who serves as vice president of mortgage lending with Guaranteed Rate, was named treasurer of the nonprofit, while Anita Blue, who works as an agent and credit restoration consultant at Cap Tex Realty, was named national vice president.

Zillow has compiled a list of the “hottest” Chicagoland ZIP codes based on viewership data. And the results will surprise you.