In the News

Something interesting is happening in the suburbs, and it’s not showing up on the average buyer’s radar yet. According to a new report from Chicago-based investment firm Interra Realty, multifamily sales volume in suburban Chicago grew 67.8% in the first half of 2026. That’s not a typo, and it’s not a rounding error. When institutional…

Here’s a number that should make every homeowner in Bartlett sit up a little straighter this morning: the average Chicago-area home price is now hovering around $430,000 — up roughly 11.7% from a year ago, according to Redfin’s latest read on the market. That’s not a rounding error. That’s a serious jump, and it’s happening…

Every August somebody asks me if the market is finally going to “break.” And every August I get to give the same slightly boring, slightly reassuring answer: nope. Not this year either. The numbers that landed this week tell a story we’ve been living out here in Bartlett, Carol Stream, and Streamwood for a while…

If you’ve been refreshing Zillow every morning hoping for a break, this week probably felt like a shrug. Mortgage rates ticked up again — not dramatically, but enough to notice — and the affordability bump we got earlier this year has quietly evaporated. Meanwhile, more homes are trickling onto the market. Put those two things…

Here’s the number that tells the whole story right now: three months of supply. That’s what Illinois is sitting on statewide as of the latest Redfin read, and it’s actually down year over year even though the raw count of homes for sale ticked up to about 46,000. Read that twice. More homes listed, less…

There’s a particular kind of buyer I meet every August. They’ve got the pre-approval, they’ve got the Saturday mornings free, and they’ve got one condition: they’re waiting for rates to drop. And every year, the market quietly moves on without them. So let’s talk about where things actually stand this week, because the numbers finally…

For about three years, house hunting in DuPage County felt a little like musical chairs at a kid’s birthday party: not enough seats, everybody scrambling, and somebody always walking away disappointed. That game is finally loosening up. The newest numbers out of DuPage show new listings jumped 18% year over year in July, hitting 1,304…

If you’ve been refreshing rate-tracker websites hoping to catch a dramatic drop, I have some slightly boring news for you: mortgage rates spent this week doing almost nothing. As of Thursday, August 6th, the average 30-year fixed in Illinois sat at 6.61% APR, holding steady from the day before. Nationally, Forbes pegs the 30-year around…

If you’ve been waiting for the Chicagoland housing market to either crash or catch fire, I’ve got mildly disappointing news for you: it’s doing neither. And honestly? That’s the healthiest thing it could be doing right now. The latest read puts the Chicago-area market at a competitiveness score of 66 out of 100 — Redfin’s…

There’s a funny thing happening in the housing market right now, and if you only read the national headlines you’d probably miss it. Everyone’s been talking about “more inventory” for months like it’s the second coming of the buyer’s market. More homes for sale! Competition cooling! Finally, a break for buyers! And yet, when you…