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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:

Housing Inventory Plunges To A Record Low In November
Shopping for a new home in late November most likely gave frustrated buyers little to be thankful for as demand for homes continued to outpace supply. The number of homes for sale hit an all-time...

Latest mortgage news: Virus news pushes rates down this week
Mortgage rates fell this week, a reflection of fears about the new omicron variant of the coronavirus. The average rate on 30-year mortgages dipped to 3.2 percent from 3.24 percent last week,...

Best 4-year CD rates — December 2021
The top four-year CDs have something in common: They offer savers a higher yield than savings accounts and money market accounts. Combine that with a guaranteed rate of return and safety (when you...

Best 2-year CD rates — December 2021
A two-year CD can be a useful financial tool for those looking to secure a higher interest rate on their savings without committing to locking up their money long term. It may also pay a higher rate...

Best jumbo CD rates — December 2021
The more money you have saved, the more options you generally have for earning a higher interest rate. Those with $100,000 or more may want to consider depositing their money into a jumbo CD that is...

Capital One eliminates overdraft fees
Capital One bank will no longer charge overdraft fees in a change that is expected to cost the bank an estimated $150 million in annual revenue. The bank made the announcement Wednesday at about the...

5 Housing Trends to Watch in 2022
Home sales and home prices likely will moderate from recent highs in the new year, but economists expect the hot housing market to continue nonetheless. A competitive seller’s market is likely to...

Mortgage Applications Decrease in Latest MBA Weekly Survey Dec 1, 2021
WASHINGTON, D.C. (December 1, 2021) - Mortgage applications decreased 7.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications...

Home buying activity offsets refinance slowdown
Overall mortgage volumes declined during Thanksgiving week as interest rates climbed, but the purchase market sustained its current seasonal momentum, according to the latest data from the Mortgage...

Here Are Today’s Refinance Rates: December 1, 2021—Refinance Rates Stay Flat
Refinance rates didn’t move today. If you’re looking to save on monthly payments or refinance into a shorter loan, you still have an opportunity to lock in a great rate. Today, the average rate on a...