Chicago’s housing market is seeing mixed trends as mortgage rates rise, hitting an average of 6.84 percent on November 21. Despite elevated borrowing costs, home sales have shown an unexpected increase in recent months.

More than 1,000 real estate professionals gathered at Lincoln Park Builders’ 35th annual Real Estate Forum, pushing for better tax incentives and reduced barriers to development in Chicago.

The Chicago Plan Commission has approved a significant redevelopment at 65 East Wacker Place, transforming a historic high-rise into 252 rental apartments.

Tens of thousands of homeowners breathed a sigh of relief when Mayor Johnson withdrew a contentious property tax hike proposal. Hefty reassessment increases, however, are fueling uncertainty.

Construction officially began on the highly anticipated Navy Pier Marina, with plans for its grand opening in the 2025 boating season. The project promises to transform recreational boating access in the heart of Chicago.

Mayor Johnson announced the closure of the downtown migrant shelter at 162 East Ohio Street, effective November 15, as part of a broader initiative to consolidate services under a unified system for all homeless Chicagoans in 2025.

The CTA has unveiled plans for a new entrance to the busy Clark/Lake station in the Loop, funded by Google’s JRTC Holdings. Expected to be completed by November 2025, the renovation aims to improve traffic flow and passenger experience.

As homeowners brace for the holidays, mortgage rates linger near 6.8 percent, hindering affordable housing dreams.

Rick Bayless showcases local ingredients and shares culinary wisdom with future chefs at Hawaii’s largest culinary festival.

Rising mortgage rates threaten to freeze Chicago’s housing market just as sales on the North Side show notable gains.