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.

RedfinNow is making offers on single-family homes, townhomes and condos in Avondale, Edgebrook, Edison Park, Jefferson Park, Lincoln Square, North Center, North Mayfair, Norwood Park, Old Irving, Park Ridge, Portage Park, Rogers Park, Sauganash and West Ridge.

Looking forward, 37% of the survey’s respondents expect drones to be the most-impactful technology over the next 24 months, followed by cyber security (34%), 5G (31%) and virtual reality (30%).

International buyers purchased 107,000 residential properties from April 2020 through March 2021, marking a 31% decline from the 154,000 residences bought the previous year.

Affordability declined in 49 of the 50 major markets according to the May 2021 First American Real House Price Index. 

The new executive joins RentPath from ParkMobile, which provides an app to help drivers pay for metered parking remotely.

The 4,572-square-foot Seven Sisters Log Cabin in Hot Springs, South Dakota, is both a turnkey business and vacation getaway for its next owner.