Local News

Real estate news in Chicago

Report: Average home changes hands every 12 years

People staying in their homes longer is contributing to the lack of inventory that continues to impact buyers.

Pace of annual home-price gains slows in latest Case-Shiller; Denver sees 3.5% increase 

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5.8% year-over-year in December, compared to a 7.6% gain in November.

Newmark launches single-family rental group  

The move comes despite a slowdown in the single-family rental market. 

How to make today’s sales models work smarter and win buyers in a challenging real estate market

Whether it’s for a downtown condo high-rise or a suburban single-family or town home community, a sales model needs to do much more than simply reflect popular design trends or showcase name-brand furniture and decor.

Compass closes major residential sale in Douglas County

The buyer found the home through Morgan’s Instagram, according to a Compass press release.

Denver-area home sales to drop in 2023 while prices grow, Realtor.com projects

The projected year-over-year change in home sale transactions in the Denver-Aurora-Lakewood region is -1.9%.

Denver named one of the cities with the best real estate prospects in 2023

The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.

Boulder-based zavvie teams with real estate tech platform MoxiWorks

More than 65,000 real estate agents in 47 states use zavvie’s software to serve their clients.

Still deep in positive territory, home-price gains post steep declines in latest Case-Shiller 

In Denver, home prices posted a 12% year-over-year gain in August, compared to a 15.6% gain in July. Month over month, prices fell 2.3%.

With eye on the Mountain West, Atlanta’s RangeWater hires senior managing director 

The Atlanta-based multifamily firm is expanding into Denver, Phoenix and Salt Lake City. 

Denver named a top 21 city for real estate investment in 2022 and 2023

Norada cited Denver’s low unemployment and strong tourism industry as reasons why it stands out as a good place for investment properties.

Denver housing inventory jumps as home sales fall in RE/MAX survey 

Nationwide, sales hit their highest level of the year, rising 4.7% from June but falling 17.6% on a year-over-year basis, RE/MAX said. 

New Zillow tool helps military vets find VA loan-eligible condos

The tool takes the guesswork out of the home-shopping process by highlighting condos eligible for Veterans Affairs (VA) financing.

Denver home price growth exceeds 20% in May, deceleration on the horizon

Prices for single-family homes in the Denver metro increased by 20.3% year over year in May. However, they decreased by 3.3% month over month from April.

Denver home prices show no signs of slowing in March S&P CoreLogic Case-Shiller Index 

Nationally, the index posted its highest annual increase ever.

Orchard pilots cash-offer program for first-time buyers

Buy with Orchard gives first-time buyers the power of a cash offer to appeal to sellers and make homeownership more attainable.

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