Chicago Real Estate Market Update | Zillow Lawsuit, Mortgage Rates & Inflation

Chicago real estate is changing faster than ever, and this episode breaks down everything buyers, sellers, investors, and real estate professionals need to know right now.

Chicago Real Estate Market Update | Zillow Lawsuit, Mortgage Rates & Inflation

In this episode of the People, Not Titles Podcast, Steve Kaempf and Matt Lombardi dive deep into the biggest stories impacting the housing market across Chicago and the United States. From the explosive Zillow vs Compass lawsuit to rising inflation, mortgage rate uncertainty, new construction lawsuits, and major changes coming to the real estate industry, this conversation covers the topics everyone in real estate is talking about.

The episode begins with Kevin Warsh officially being confirmed as the new Fed Chair and what his leadership could mean for mortgage rates, inflation control, and the future direction of the U.S. economy. Steve and Matt discuss whether rates could finally move lower later this year and what current market conditions suggest for buyers and investors moving forward.

The conversation then shifts into one of the most controversial real estate stories of the year: Zillow suing Compass over listing access, private listings, MLS data, and the growing battle for control over real estate inventory. The hosts explain how this lawsuit could reshape listing transparency, broker control, and the future of real estate platforms nationwide, especially in Chicago.

Additional topics include:

→ Rising inflation and the impact of energy prices on mortgage rates
→ Why new construction homebuilders are facing an increasing number of lawsuits
→ Cook County tax sale rulings and why they may now be considered unconstitutional
→ Chicago’s surprising population growth update in 2025
→ The future of private listings and broker-controlled inventory
→ Real estate market predictions for the rest of the year

Whether you’re a homebuyer, real estate investor, realtor, broker, lender, or simply someone trying to understand where the housing market is headed, this episode delivers valuable insight, real market perspective, and honest conversations from professionals actively working in the industry every day.


00:00 – Intro & Chicago Real Estate Market Overview
01:18 – Kevin Warsh Confirmed As New Fed Chair
05:42 – Will Mortgage Rates Drop In 2026?
09:11 – Zillow vs Compass Lawsuit Explained
15:37 – Private Listings & MLS Controversy
20:04 – Inflation & Rising Energy Prices Impact Housing
24:31 – Mortgage Rate Pressure On Homebuyers
27:46 – New Construction Homes Facing Lawsuits
31:58 – Why Some New Homes Are Falling Apart
34:12 – Cook County Tax Sales Ruled Unconstitutional
36:48 – Chicago Population Growth Update
38:02 – Viewer Questions & Market Predictions
39:12 – Final Thoughts & Closing Message

Full episodes available at:
[www.peoplenottitles.com](http://www.peoplenottitles.com)

People, Not Titles podcast is hosted by Steve Kaempf and is dedicated to lifting up professionals in the real estate and business community. Our inspiration is to highlight the success principles of our colleagues.

The Success Series is designed to help professionals grow, thrive, and succeed in business and life.

Follow People, Not Titles:

→ Instagram:
https://www.instagram.com/peoplenottitles
Facebook:
→ https://www.facebook.com/peoplenottitles
→ Twitter/X:
https://twitter.com/sjkaempf
→ Spotify:
https://open.spotify.com/show/1uu5kTv

Don’t forget to LIKE, SUBSCRIBE, and SHARE if you enjoy weekly Chicago real estate market updates, business insights, and housing market trends.

#ChicagoRealEstate #HousingMarket #MortgageRates #RealEstatePodcast #ZillowVsCompass