During July 2021, single-family homes in the Chicagoland area spent substantially less time on the market than in July 2020, according to statistics from Mainstreet Organization of REALTORS®.

“Much of the home-sales growth is still occurring in the upper-end markets, while the mid- to lower-tier areas aren’t seeing as much growth because there are still too few starter-homes available.” — NAR chief economist Lawrence Yun

Legend has it, amongst the idyllic woods of eastern Washington, there sits a hidden castle. Designed to resemble a Middle Ages fortress, this home includes four bedrooms, four bathrooms and a two-car garage.

You might be surprised by the results of this survey.

“The bright spot in an otherwise underwhelming report comes from the increase in the overall number of permits issued, which can signal how much home construction is in the pipeline.” — First American deputy chief economist Odeta Kushi

The Chicagoland brokerage firm RE/MAX Collection Premier by Janice Corley is now expanding with new offices in Hyde Park, the North Shore and Hinsdale.

After a Black real estate agent and his client were detained by police while viewing a house, the National Association of REALTORS® took a strong stance against the “deeply disturbing” incident of “racial profiling.”

The boutique brokerage Peak Realty Chicago announced the sale of 1015 W. Webster Ave: a three-unit, mixed-use building which includes a penthouse suite and both rental and retail space. It went for $2.5 million.

Smaller, more affordable homes are hitting the market, helping moderate median list prices, according to Realtor.com.

Lot values for single-family homes are surging, according to an NAHB report. The current national median is $53,000: a record high.

Throughout 2021 so far, Compass Chicagoland has greatly expanded. 77 new agents have already joined: a 63% increase from 2020.

This 74-foot “land yacht” in Au Gres, Michigan takes the meaning of “houseboat” to a whole new level.

New headquarters, located at 4619 N. Ravenswood, will offer ample space for their expanding staff.

For the first time since early March, no new records were set for median-home-sale prices last month, ending the five-month streak of record-breaking home prices.

Just 56.6% of homes sold during the quarter were affordable to families earning the U.S. median income of $79,900, according to the National Association of Homebuilders/Wells Fargo Housing Opportunity Index.

The Indianapolis-based firm will rebrand as @properties in the next 60 days.