First-person real estate news from the verified agents, lenders, and operators working Pekin. Original local reporting from KeyCrew Media, not aggregated hot takes.
Including stories from Chicago and Aurora.
A town of 32,000 people should not have trouble keeping homes on the market. But in Pekin, Illinois, a community about 20 minutes from Peoria, only 67 residential listings were active as of September 2026. In a typical year, that number would sit between 180 and 200. A year and a half ago, it dropped ...
A home on Chicago’s West Side that went under contract in 30 to 40 days three years ago now takes two to three months, according to Esther Gonzalez, a listing agent with Solaris Enterprises Inc. (doing business as Solaris Real Estate). The properties haven’t changed. Neither have the asking prices. What changed is the cost ...
For the first time in roughly five years, some homes in the western suburbs of Chicago are sitting on the market for more than a couple of weeks. In a region where single-family inventory stands at about a month and a half of supply, a quarter of the six months typically considered a balanced market, ...
As housing markets across the Sun Belt have cycled through sharp run-ups and subsequent corrections since 2020, the Chicagoland market has followed a notably different path. While cities like Phoenix, Nashville, and Tampa drew waves of remote workers and saw prices surge well beyond sustainable levels, Chicago absorbed post-pandemic demand more gradually, producing steady price ...
Original reporting from other Illinois markets on the KeyCrew network.
The south suburbs of Chicago offer some of the most affordable housing in the broader metro area. But that affordability comes with an asterisk: property taxes high enough to reshape buying decisions, push investors toward the exits, and force first-time buyers into a narrower set of viable neighborhoods than listing prices alone would suggest. That ...
In Chicago’s south and west suburbs, the typical distressed seller no longer fits the familiar profile. These homeowners are current on their mortgages. They haven’t lost jobs or taken on reckless debt. The pressure forcing them out is the property tax bill. Rising insurance premiums and HOA fees have compounded the problem, according to Aaron ...
Rents in Chicago’s multifamily market are rising faster than in any other major U.S. market, according to Lawrence Dunning, a broker with The Dunning Team at Fulton Grace Realty. Yet buyers and sellers cannot agree on what buildings are worth. Rising construction costs and higher borrowing expenses have created a valuation standoff. Transaction volume is ...
In a Chambersburg-area neighborhood where homes sell for $800,000 and above, one family bought a property for just over $400,000. The discount had nothing to do with location or structural problems. The home was missing a deck. That gap between purchase price and neighborhood ceiling illustrates a pattern Sally Chaplin, of The Chaplin Group, and ...
In the western suburbs of Chicago, homeowners who list above market value, banking on the idea that a motivated buyer will negotiate down, are not just sitting on stale listings. According to Michael Berg, a broker covering DuPage County and parts of Cook County, those overpriced homes function as unpaid marketing for every competitively priced ...
Scroll through listings in North Orange County, California, this fall and the market looks like it is softening: price reductions dotting the inventory, homes sitting longer than they did a year ago, sellers pulling back from their original ask. For buyers, it is tempting to read those cuts as a signal that values are falling ...
Editor-picked local real estate reporting from markets across the KeyCrew Media network.
Spokane’s residential market has settled into a pattern that rewards discipline and punishes nostalgia. Sellers who list based on what they remember from a few years ago – when homes drew multiple offers within days – are finding that the market has moved on without them, according to Kim Hagel-Barkley of The Barkley Group in ...
The gap between Houston’s residential market and its coastal neighbor shows what happens when short-term rental speculation meets a correction. Harris County, Texas, currently has roughly six months of housing inventory – enough to classify it as a balanced-to-soft market where sellers need to price carefully and present homes in strong condition. But the sharper ...
The U.S. rental market built aggressively during the pandemic era, particularly in Sunbelt cities like Nashville, Austin, and Dallas. Now much of that new inventory, especially high-end apartments, is sitting partially empty, competing for renters whose budgets have tightened considerably since construction began. The disconnect is straightforward: developers built expensive Class A apartments in markets ...
In most American markets, holding a property for ten or twelve years builds a cushion of equity. In Manhattan, that assumption no longer holds across large segments of the market, according to Nikolay Afanasyev, Founder & CEO of CITY SPHERE Property Group, a boutique brokerage covering Manhattan and parts of Brooklyn. Rising building carrying costs, ...
For buyers waiting on the largest purchase of their lives, the appraisal process is one of the last black boxes in a home purchase. Turnaround time isn’t a single number; it’s the sum of scheduling, inspection, report production, quality review, and any revision cycles that follow, and thin appraiser panels and uncontrolled revision cycles are ...
The company has already published over 5,000 articles in collaboration with over 1,800 market experts across all 50 states, powered by a tech-forward approach to research and reporting. MIAMI, FL – July 28, 2026: KeyCrew Media, the expert-sourced real estate news network, today unveiled KeyCrew Local, a network of local real estate news sites and ...
Local real estate reporting from the markets around Pekin.
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