Buying a home in Illinois can look very different depending on where you are searching. In some cities, homes stay on the market for weeks. In others, buyers may have to move quickly because there are fewer homes available and properties can receive offers soon after they are listed. Housing market data compiled by Redfin […]
Category: Moving
Chicago Moves Forward With New Plan to Protect Renters
Chicago leaders are considering new rules that could give renters more protection and make it easier for the city to deal with landlords who do not properly maintain their properties. A revised proposal supported by Mayor Brandon Johnson passed its first major test when the Chicago City Council’s Committee on Housing and Real Estate voted […]
New Short-Term Rental Rules Could Make Renting Homes Easier in Skokie, IL
Skokie, Illinois, is making major changes to its rules for short-term rentals, including properties listed on platforms such as Airbnb and Vrbo. The changes come only a few months after the village started an 18-month pilot program designed to regulate short-term rental properties. Village officials found that very few property owners were completing the registration […]
Harnessing the Wind: The Impact of Wind Farms on Illinois Real Estate
Illinois, the Land of Lincoln, is renowned for its fertile soils, sprawling prairies, and bustling cities. Recently, it has made a name for itself as a leading player in the renewable energy sector, particularly in wind energy. With hundreds of wind turbines dotting the landscapes across the state, Illinois has positioned itself at the forefront […]
Chicago Metro Housing Market: Resilience Amid Economic Fluctuations
A recent report released on Monday by Redfin, a prominent digital real estate brokerage, provides a detailed examination of the housing market within the greater Chicago metro area. Despite the challenges posed by high mortgage rates and various economic uncertainties, these areas have demonstrated notable resilience. The report presents an insightful analysis, ranking the 100 […]
Chicago Residents Search for Affordable Housing as Rent Prices Surge
Rent prices across Chicago continue climbing in 2026, creating stress for many renters trying to keep up with higher monthly housing costs. Apartment prices have been increasing in many parts of the city, especially in neighborhoods close to downtown, train lines, restaurants, entertainment areas, and office centers. Many renters say they are shocked when lease […]
How the Bring Chicago Home Referendum Shapes the Future of Affordable Housing in Chicago
An appellate court has recently overturned a prior judgment from a lower court regarding the Bring Chicago Home referendum, marking a significant shift in the trajectory of this highly debated issue. This pivotal decision enables the counting of the votes on the referendum, setting the stage for a deeper exploration of democracy in action within […]
Navigating Farmland Real Estate Laws and Taxes in Illinois
In the heartland of America, Illinois stands as a beacon of opportunity for both seasoned investors and newcomers to the world of real estate. Particularly in the realm of agriculture, Illinois boasts a robust market teeming with options that span from sprawling ranches to quaint small-sized farmlands. But how does one maneuver through the nuances […]
Why Springfield Ranked as One of America’s Hottest Real Estate Market
Springfield ended 2024 as one of the most active and desirable housing markets in the United States, according to recent data from Realtor.com. The area’s popularity with homebuyers reflects high demand and significant interest, marking Springfield as an attractive place to buy property. This recognition is based on Springfield’s notable ranking on Realtor.com’s Market Hotness […]
Schaumburg Disaster Loan Outreach Center Opens to Aid Emerald Village Residents
U.S. Small Business Administration Approves Disaster Declaration for Emerald Village FacilityFollowing a devastating fire on July 14 at the Emerald Village Living facility located at 150 W Wise Road, the U.S. Small Business Administration (SBA) has authorized a disaster declaration for the affected area. This critical declaration opens up avenues for residents, condo homeowners, and […]
Why Chicago Office Buildings in River North Are Turning Into Apartments
Chicago’s River North neighborhood is seeing another big change as an old office building is set to become apartments. A real estate company plans to convert a loft-style office property into new housing, responding to how work habits and demand for space have shifted in recent years. With fewer companies needing large office spaces and […]
Real Estate Closing Process in Illinois: Step-by-Step Guide
Buying or selling a property is a significant financial undertaking that requires a clear understanding of the various stages involved, especially the closing process. From Chicago to Springfield, Joliet to Rockford, and across to Peoria, the real estate market in Illinois operates under a standardized process that ensures both buyers and sellers walk away from […]