Real Estate

Olivia Mitchell / NPR Illinois

Those in the real estate industry were hoping for a competitive and prosperous housing market during the spring season, but the rapid spread of COVID-19 put a pause on their plans. One broker offered advice to the industry on what it should be doing through the pandemic.

Key Metrics for All Properties
Illinois Association of Realtors

Five years after the real estate market collapsed and the country fell into the Great Recession, Illinois’ housing market is showing signs of recovery.

Even as mortgage rates fell, Kerry Jantzen gave little thought to buying his own home. That was before he learned that his employer, Chicago-based Bank One, where he had worked for more than seven years, was offering $2,500 plus the cash to cover the taxes on that gift as a way to help its workers buy homes.