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Local Real Estate Trends

Discover What's New and Interesting in Our Backyard
Local CRE Trends


Chicago is known as the cultural capital of the Midwest, with world-class architecture, a vibrant arts scene, and internationally renowned museums. It is also a top tourist destination – a record 54.1 million people visited the city in 2016, bolstered by vacationers and business travelers, the city reported. As the third largest metropolis in the U.S., Chicago is also a global center for business, with strong representation in the finance, commerce, industry, technology, telecommunications and transportation industries.

Our Illinois-based professionals work in all facets of the real estate industry, providing best-in-class real estate services to buyers and sellers in the area, as well as the realtors, lenders, builders and attorneys that work alongside them. In addition to our commitment to the residents of Illinois, we provide commercial services to investors who help keep Indiana's economy strong.

Discover what's new and interesting in our backyard in the latest real estate news, provided courtesy of the Newsdesk



The Latest Articles From the FNF Newsdesk:

New Home Sales See Sharp Drop Off, A Signal US Housing Boom Is Ending
Mortgages Sales of new homes sunk to the lowest level in two years. Alix Langone Reporter Alix is a staff writer for CNET Money, having joined from Money.com, where she reported on retirement and...

2021 Was a Record-Breaking Year in Real Estate
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge. May 25, 2022 Last year, home buyers spent nearly $3...

New-Home Sales Post Double-Digit Drop
Rising prices in the new-home market prompted buyers to take a step back in April. The sale of newly built, single-family homes fell 16.6% in April, dropping to their weakest pace in two years, the...

Financial Inclusion Requires Understanding Cultural Shifts - Deloitte
pm EDT| Deloitte Digital has released a study of digital banking, financial inclusion, and the role banks should play in addressing inequities. The report concludes “The evolution of digital banking...

Steep Drop in Home-Building Permits in Dallas Suburbs
Year-to-date building permits for single-family houses slide as much as 48% from last year’s pace. As the spring building season...

How to budget for a home renovation
In this crazy housing market, more homebuyers are seriously considering fixer-uppers, or settling for properties that may not have everything they want or need from the day they move in — to say...

Latest mortgage news: Rates retreat amid recession fears
With a possible recession looming, mortgage rates retreated this week. The average rate on 30-year mortgages dipped to 5.27 percent this week from 5.45 percent last week, according to Bankrate’s...

New car sales forecast to plummet 20.9% in May, as supply remains low
Washington, DC (CNN)Retail sales of new cars are forecast to fall 20.9% this month compared to the same time last year, amid vehicle shortages and sky-high prices, according to the automotive...

Metro Wealth Reports as of 2022 Q1
Homeowners Typically Built Housing Wealth of $240,200 Over 10 years Homeownership is the largest source of wealth among families, with the median value of the primary residence worth about ten times...

Mortgage volumes edge downward as high rates dry up refinances
Mortgage activity inched downward for a second straight week, as purchases came in flat while refinances continued their decline.  The Mortgage Bankers Association’s Market Composite Index, a...