Category: Homeowners

Why Living Near Chicago’s Magnificent Mile Raises Home and Condo Values

The Magnificent Mile in Chicago is one of the most popular areas in the entire state. It is known for high-end shopping, tall buildings, restaurants, hotels, and steady foot traffic all day and night. Because it attracts so many visitors and locals, the neighborhoods around it have become some of the most desirable places to […]

How to Get Your Real Estate License in Illinois

The state of Illinois, like many states, has a rigorous process for those wishing to enter the real estate profession. As with any regulated profession, there are specific requirements to be met and procedures to follow. Let’s dive into the details of acquiring a real estate license in Illinois and contrast it with some general […]

Schaumburg Takes the Crown as America’s Most Affordable ‘City-Like’ Suburb

Is Schaumburg the next Chicago? Americans have long looked toward the suburbs for more space, better schools, and a higher quality of life. These qualities, however, often come with a hefty price tag. Fortunately, Illinois residents are in luck. According to a new ranking online, half of the country’s ten most affordable and amenity-rich suburbs […]

The U.S. Cities Where Home Prices Have Surged the Most in 2025

In 2025, home prices in many parts of the United States will have gone up fast, faster than most experts expected. Between January and July, the median home list price climbed about 10%, which equals roughly $39,000 more for the average home. That increase brings the market close to the record highs seen during the […]

How ICE Raids and Immigration Crackdowns Could Affect Renters and Landlords in Chicago

When federal immigration raids increase in a major city like Chicago, the effects reach far beyond immigration itself. The housing market, rental prices, and even new construction can all be influenced by how communities react to fear and instability. While some people might not notice these changes right away, the impact can slowly reshape neighborhoods […]

How Renovating Your Home Can Lower Your Tax Bill and Cut Your Costs

Renovating your home can be an exciting and rewarding experience, but it can also be expensive. However, did you know that home renovations can actually help you save money in the long run? In this article, we’ll explore different ways that renovating your home can lower your tax bill, provide financing options for low-cost loans, […]

Critics Warn Home Sale Tax Would Hurt Buyers and Sellers in the Suburbs

Lawmakers in Illinois have been debating a new idea to raise money for struggling public transit systems in the Chicago area. The proposal calls for adding a new tax on home sales in the suburbs. The plan would charge $3 for every $1,000 of a home’s value when a property is sold. For example, if […]

Top 10 Peoria Area Communities with Rapidly Rising Home Prices

Last month, the average home value across the United States was $359,402, according to Zillow. This represents an increase of almost $4,000 from March, where the average was $355,696. Compared to April of last year, this is a 4.4% rise. Local Home Prices in Peoria and Surrounding Counties In Peoria County, the median home listing […]

Real Estate in Illinois: How Chicago, Aurora, and Naperville Compare

Illinois is home to many different housing markets, but the three largest cities, like Chicago, Aurora, and Naperville, stand out the most. Each has its own lifestyle, housing prices, and challenges. Let’s look at how real estate differs in these cities. Chicago: Big City, Big Variety Chicago is the largest city in Illinois and has […]

Chicagoland Home Supply Struggles to Keep Up With Buyers

When people in Chicago real estate talk about the market right now, most of them focus on one issue: inventory. Over half of agents say that the number of homes available to buy is the most important factor this year. Interest rates and prices matter too, but they don’t compare. The lack of enough homes […]

Where Homes Are Getting More Expensive in Illinois

Across many parts of Illinois, especially around the Chicago area, home prices are going up fast. This is based on data from Zillow, which looked at how much home values changed from May 2023 to May 2024. The rankings focused on cities with at least 10,000 residents and tracked the biggest dollar increases in home […]