Chicago Real Estate

In the last few years, as a result of the coronavirus pandemic mortgage rates fell and home prices across the country went up, creating a red hot, competitive real estate market in many cities.

With mortgage rates rising, many potential buyers still staring down high home and rental prices, and sellers weighing their options, how do you when it’s time to buy or rent?

Chicago and Los Angeles both ranked on a list of the top 10 metro areas where home prices are down the most compared to this time last year.

Take a video tour of the new Tribune Tower Residences, the building replaced with luxury condos after the Chicago Tribune left in 2018.

Bulls All-Star guard Zach LaVine reportedly sold his Lakeview home for a hefty sum.

An Illinois couple that sold their home in just two days believe it was the popular faux miniature home in their yard that closed the deal. Dannette and Brad Holifield put up the “whimsy house,” and their two-story home in Rockford on Aug. 10 for $89,900. It sold on Aug. 13 for more than the asking price. The two homes…

Chicago area landlords are expressing concern about the pandemic’s impact on rent payments, as well as proposed laws and ordinances that would cancel or postpone rent for a certain length of time. The Chicago Real Estate Investors Association (REIA) said rent collection is down to 70 to 75 percent, and as a result, landlords are struggling. “They still have to…

From real estate to renovation, it’s easy to be captivated by the drama of investing in a property. But flipping a property isn’t always as sexy as it seems. That’s when Sean Conlon swoops in to help on the new season of his show “The Deed: Chicago.”

Buying or selling a home? Here are some tips to ensure you do not get scammed when making a payment.