This is how much money you need to 'live comfortably,' data shows

Researchers analyzed data to determine the income required to "live comfortably" in the nation's 99 largest metropolitan areas.

New real estate trend: Meet the 'forever renters'

Being a 'forever renter' is attractive to millennials and empty nesters, says the Post Brothers CEO.

Rent prices are changing thanks to 'apartment-building boom' – what renters should expect

Rent prices are evolving – potentially for the better – in 2024 thanks to an “apartment-building boom," according to Redfin chief economist Daryl Fairweather. Here’s what renters should know.

Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on ballot

An unusual legal challenge may upend the future of a Chicago ballot measure that would hike a real estate tax on high-end property sales to fund services for homeless people.

Real estate agents warn of squatter scams in Chicago area
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Real estate agents are raising concerns about a resurgence of squatters and scammers in the Chicago area, exemplified by an incident in Longwood Manor.

Squatters take over Hollywood home; start renting rooms to OnlyFans models

A luxurious 7-bedroom dream house in the Hollywood Hills was taken over by squatters who set up a business on the property. The ringleader allegedly wrote a fake lease allowing OnlyFans models to create their content in the house and rented rooms to them.

Real estate agents warn of squatter scams in Chicago area

Real estate agents are raising concerns about a resurgence of squatters and scammers in the Chicago area, exemplified by an incident in Longwood Manor.

Squatters: The vacant house threat
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Squatters can be a fairly big problem, and some Chicago area realtors say the issue is booming. It's a nuisance that grows with the housing market. So what can you do? FOX 32's Dane Placko spoke to a victim of squatting.

Tips for 'hacking' the housing market
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"House hacking" is a trend that's helping Gen Z and Millennials achieve their dreams of owning a home. Realtor Tiffany Willis joins Good Day Chicago to break down how it works.

Baby boomers to blame for housing shortage, real estate report says

A new Redfin report shows that older Americans are hanging onto their homes longer, making it difficult for homebuyers to find and afford houses.

Here's where Gen Z consumers can buy a home in the U.S.

Despite the high cost of homes, there are a few areas where young consumers can buy one. See if your city is on the list.

Half of all U.S. renters are spending more than they can afford
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Half of all renters in the United States are spending more than they can afford. A new Harvard study calls them "cost-burdened," meaning they spend 30-percent or more of their income on rent and utilities.

Cook County cuts late penalty for property taxes

The penalty for paying your property taxes late has been slashed in half in Cook County.

Real estate projections for 2024
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As we get ready to turn the corner of this year, will 2024 be any better for home buyers?