What’s Happening: Chicago Single-Family Housing Market Highlights Average Home Sold Price: $355,000 Homes for Sale: 5,307 Closed Sales: 2,105 Under Contract: 1,780 Average Days on the Market: 54 days Listing to Contract: 27 days Price per SqFt: Continue Reading
NAR Settlement Updates: 2024 Real Estate Commission Changes
2024 NAR Settlement Updates In a groundbreaking decision that's stirring up the real estate world, the National Association of Realtors (NAR) has reached a landmark settlement, that will change the dynamics of real estate agent compensation nationwide. For decades, sellers Continue Reading
CAR 2022 Market Outlook Highlights & Summary
Chicago Association of Realtors Market Outlook 2022: Highlights & Summary The Chicago Association of Realtors has come together for another "State of the Union" for the Chicago real estate market. A handful of industry experts from all over Chicago gave a fantastic Continue Reading
Record Set for Most Expensive Chicago Home Sale!
We're breaking records in Chicago real estate! Billionaire Ken Griffin recently purchased the most expensive Chicago home, four top floor units in Near North at the newly completed luxury condominium 9 W. Walton for a whopping $58.75 million. Once completed, Griffin will Continue Reading