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Illinois Home Sales Decline While Housing Inventory Grows

Illinois Home Sales Decline While Housing Inventory Grows

by Phil Hall | May 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 11,308 single-family homes and condominiums were sold in Illinois during April, which marked a 3.4% drop from the 11,705 homes sold one year earlier. According to data from Illinois Realtors, the dip in home sales was seesawed by a rise in inventory – the...
Chicago Suburb Threatens to Seize Pope Leo’s Childhood Home Through Eminent Domain

Chicago Suburb Threatens to Seize Pope Leo’s Childhood Home Through Eminent Domain

by Phil Hall | May 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Chicago suburb of Dolton, Illinois, has threatened to use eminent domain to seize the childhood home of Pope Leo XIV, which is scheduled to go up for auction next month. The Chicago Sun-Times the property is slated to be auctioned on June 18 by Paramount Realty...
Real Estate Scammer Sentenced in $3 Million Loan Fraud

Real Estate Scammer Sentenced in $3 Million Loan Fraud

by Phil Hall | Mar 31, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A Chicago-area real estate professional was sentenced to five years in federal prison defrauding multiple financial institutions out of more than $3 million. David Izsak, the sole proprietor of Skokie, Illinois-based Premier Assets Inc. and Premier Properties...
Most At-Risk Q4 Housing Markets Primarily in Three States and NYC Area

Most At-Risk Q4 Housing Markets Primarily in Three States and NYC Area

by Phil Hall | Mar 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two-thirds of the 50 counties with the most at-risk housing markets in the fourth quarter of 2024 were in California, Florida, Illinois, and the New York City area, according to new data from ATTOM. County-level housing markets on the latest list included 14 were in...
Illinois Home Sales Up 7%

Illinois Home Sales Up 7%

by Phil Hall | Feb 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 7,471 homes were sold in Illinois during January, a 7% year-over-year increase, according to data from Illinois Realtors. The state’s housing inventory was up by 1.5% from one year earlier, with 16,919 homes available for sale. January’s median price of...
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