LA agent caught smuggling 164 pounds of cocaine in Chicago

Jerome Nalbandian was caught toting four roller bags stuffed with 164 pounds of suspected cocaine through Chicago’s Union Station. Cook County Circuit Court Judge Deidre Dyer commented, “Wow. That’s a lot.” Continue reading

Homebuyers get cold feet as mortgage rates rebound

Mortgage rates are climbing back toward 7 percent on fears that tariffs could reignite inflation, but Federal Reserve Chairman Jerome Powell warns policymakers would be challenged if unemployment also rises. Continue reading

Home price appreciation seen as cooling as inventories grow

Experts surveyed by Fannie Mae expect national home prices to grow by 3.4 percent in 2025. Median list prices in 69 markets were down by 10 percent or more from a year ago in March. Continue reading

Estate Media brings on Chad Carroll and Dawn McKenna

With the collaboration, Carroll and McKenna will generate original content directed at other real estate professionals through the company’s industry-focused segment and homebuyers and sellers through the brand’s more consumer-focused arm. Continue reading

Compass acquisition offers a glimpse into @properties’ finances

Following its acquisition of Chicago’s largest brokerage in January, Compass on Friday pulled back the curtain on @properties’ financial health over 12 months prior to the headline-grabbing merger. Continue reading

CFPB cites DEI in push to kill $105k settlement with mortgage broker

Acting director Russell Vought claims bureau “abused its power” in redlining case against Townstone Financial that dragged on for four years, to “further the goal of mandating DEI in lending.” Continue reading

FHFA gutting Fannie, Freddie minority homeownership programs

Flood of orders published without explanation on social media target programs and practices designed to boost lending in minority communities, protect borrowers from unfair or deceptive practices. Continue reading

US home prices rose modestly in January, led by NYC and Chicago

The FHFA Housing Price Index posted a 4.8 percent annual growth rate while the S&P CoreLogic Case-Shiller Indices showed a slightly lower increase of 4.1 percent, according to new data released Tuesday. Continue reading

Women, Wealth and Real Estate: How Daniela Pagani takes control

As women like this Chicago luxury broker step into real estate, Melanie Klein writes, they continue to redefine success and carve out pathways to lasting financial independence. Continue reading

Women, Wealth and Real Estate: Anna Uliassi on crafting a legacy

Coach Melanie Klein shares how buying a small condo on a budget set this real estate professional up for long-term investor success and financial independence. Continue reading