Inman

Chicago in a week: Sept 19-23

grafnata / Shutterstock.com

Need news in a flash? Here’s what’s happening in your community

New research from the National Association of Realtors pointed out the areas of the country where the inventory shortage is most acute. The 10 most affected markets would need anywhere from approximately 55,000 to 218,000 permits to meet the national average:

ValuePenguin recently ranked Illinois cities based on their attractiveness to homeowners, with three major categories considered for the ranking: taxes and insurance, price and jobs and economy. Mahomet ranked in the no. 1 spot, and Edwardsville, Morton, Oblong and Effingham rounded out the top five. The bottom cities included Herscher, Tonica, Momence, Lewistown and Elburn.

Homes have spent less time on the market every month in 2016 compared to the year prior, according to data from The Mainstreet Organization of Realtors (MORe).

Got a lead on some news happening in your community? Send information to local@inman.com