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Top News In Chicago Metro Area Today - Breaking & Trending Today

Chicago home sales down 11% in September, ending tepid summer housing market

While this summer may have been one of the hottest on record in terms of temperatures, the same cannot be said for the local housing market. Illinois’ summer housing market did not see the same high level of transactions as in years past, mirroring the trends seen this spring as mortgage rates continued to rise from July to September while inventory remains low. Trends in Illinois follow . ....

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Illinois home sales down considerably compared to same time last year

(The Center Square) – The once red hot Illinois housing market continues to cool off. According to data released by Illinois Realtors, home sales in July were down 21.4% compared to the same period last year. . ....

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Monday weather: Heavy rain, possible flash flooding

Heavy rain and storms were likely to pass through northeastern Illinois Monday, with possible flash flooding, especially if heavy rain falls over the Chicago metro area, National Weather Service officials said. Officials said they expect periods of heavy rain and thunderstorms Monday from midmorning into the evening. Torrential rainfall can flood roads, fields and basements and cause rapid . ....

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