The median sale price of a home in Chicago was $275,000, a 1.5% increase month over month and a 12.7% increase over last year.

The median price of a home in the U.S. reached its highest point in 13 years last month as inventory continued to fall.

Eighty-eight percent of all homebuyers said they used an agent as a source of information during their search, and 91% of millennials age 22 to 30 said the same.

Baird & Warner has launched a new multi-media advertising campaign reflective of the several real estate services the company offers to both buyers and sellers.

It is not “first comes love, then comes marriage,” but for many women, “first comes homeownership,” according to First American Chief Economist Odeta Kushi.

Nationally, homeowners with mortgages saw their home equity increase by 16.2% year-over-year from the fourth quarter of 2019.

It also ranks among the top 20 states in the education, opportunity and crime and corrections categories.

Lenders issued $1.06 trillion worth of mortgages in the fourth quarter of 2020 with refis contributing to the boost.

“More jobs are very likely, due to the near certain passage of the $1.9 trillion stimulus package and from two million vaccinations per day.” — National Association of Realtors Chief Economist Lawrence Yun

The stimulus bill includes aid for state and local governments, new homeowners, small businesses and renters.

The mortgage lender looked at the average salaries of successful applicants in each city, their average FICO credit scores, the average size of their loan requests and the median list price for that location.

The increase follows a decline earlier in February that cut the number of homeowners in forbearance plans to less than 2.7 million, the first dip below that threshold since April 2020.

To help you best serve clients in these uncertain times, we consulted with three of the city’s top lenders to find out their expectations for 2021 and what changes caused by the pandemic are here to stay.

If Realtors, lenders and homebuyers are the stars of the real estate show, Fannie and Freddie are the unseen producers who bankroll the production from backstage.

This German Catholic church and adjoining schoolhouse, built in the late 19th century, has been converted to a B&B, event hall and duplex — it even comes with its own fully functioning restaurant.

The property is the perfect spot to get back to nature and enjoy some peace and quiet.