realtor.com

Every Illinois metro has fewer homes for sale than in 2018

By LyLena Estabine, Jon Josko
10/22/2025
Illinois home prices have jumped 48% since 2018 while available housing inventory has plummeted across all 26 tracked metro areas, creating a housing crisis driven largely by restrictive zoning laws and the nation’s highest property taxes.

Chicago’s hidden housing solution: How additional dwelling unit expansion can make city more affordable

By LyLena Estabine
01/23/2025
Published Jan. 23, 2025 Chicago’s 2020 Additional Dwelling Unit Ordinance, while well-intentioned, has stifled development. Despite 71% of Chicagoans being in favor of putting additional dwelling units on existing residential lots – higher than the national average – restrictive and inequitable regulations have ensured very few are built.1 Only 44% of pre-approved applications have received...