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 […]
Category: Investing
Why Prices Are Rising Faster in Chicago Than Anywhere Else
Right now, people living in the Chicago area are paying more for everyday items like food, rent, and gas compared to most other cities in the U.S. Inflation in Chicago is at 4.3%, which is much higher than the national average of around 3%. This means that the cost of living is rising faster here […]
Unpacking the Affordable Housing Crisis in Illinois
In recent years, Illinois has grappled with a growing affordable housing crisis. This challenge has prompted lawmakers to take action, aiming to build a long-term, sustainable solution to the state’s housing troubles. Their focus lies in creating an environment conducive to affordable housing development, supported by tax incentives and increased homelessness services. The “Build Illinois […]
Get Rid of Bad Sewer Smell in Your Bathroom: A Complete Guide
The bathroom is one of the most frequently used rooms in the house, but it can also be one of the most unpleasant when it smells bad. A bad smell in your bathroom can be caused by a variety of factors, such as poor ventilation, mold, mildew growth, or a sewer smell. In this article, […]
Peoria Ranks Among Best U.S. Cities for First-Time Homebuyers
If you’re ready to buy your first home and have the finances to make it happen, Peoria is a great place to start looking. A recent report highlights Peoria as one of the top cities in the country for new homeowners. Affordable Homes for First-Time Buyers Peoria stands out as the most affordable city in […]
Illinois Housing Market Sees Price Increases Despite Fewer Sales
In September 2024, Illinois saw fewer homes sold, yet home prices continued to rise alongside a boost in available homes. According to recent data from Illinois REALTORS®, home sales dropped, but home prices and inventory showed year-over-year increases for the second consecutive month. The Decline in Home Sales Across Illinois The state recorded 10,700 home […]
Northwest Illinois Hits Record Low in Homes for Sale
In March 2025, the number of homes for sale in Northwest Illinois dropped to just 150 listings, setting a new all-time low, according to local realtors. The previous low was 175 homes, recorded in April 2024. Just ten years ago, the area would regularly see thousands of homes listed every month. Since then, inventory has […]
Exploring the Unique Landscape Facts of Illinois Real Estate
Facts about Illinois real estate reveal a diverse and dynamic market. Nestled in the heart of the Midwest, Illinois offers a unique blend of urban and rural properties, with its real estate market characterized by both modern cityscapes and sprawling countryside estates. The Surprising Diversity Facts of Illinois Real Estate Surprising facts about the state’s […]
Chicago Broker Gets 4 Years in Prison for $3M Real Estate Scam
A Chicago real estate broker named Stanislav “Steve” Sannikov has been sentenced to four years in federal prison. He scammed at least four investors out of more than $3 million. A judge also ordered him to pay back over $2 million to the people he cheated. Fake Property Deals Fooled Investors Between 2016 and 2020, […]
Unlocking the Door to Homeownership: The Pros and Cons of Rent-to-Own in Illinois
Rent-to-own, often abbreviated as RTO, is an increasingly popular option for renters in Illinois who aspire to become homeowners. This innovative approach allows individuals to rent a property with the opportunity to purchase it at a later date. By bridging the gap between renting and buying, the rent-to-own model offers flexibility and potential homeownership benefits. […]
How to Hire a Low-Cost and Honest Electrician in Aurora, IL
Navigating the world of electrical work can be daunting, especially when trying to find the right electrician in Aurora, IL. Whether it’s for residential, commercial, or maintenance needs, it’s crucial to know the qualifications to look for and understand the various aspects that will impact your decision. This comprehensive guide will walk you through the […]
Fastest-Growing Cities in Illinois: The Real Estate Boom
Illinois is growing at a rapid pace, IL known as the “Prairie State”, has long held a significant position in the U.S. both geographically and economically. Boasting the third-largest city in the country, Chicago, the state serves as an economic powerhouse and transportation hub. While the city’s mighty skyscrapers and rich history often steal the […]