Homes at $8 million and above are selling fast as buyers chase the scarce shoreline on Lake Geneva, Wisconsin, near Chicago.

FOMO may be driving the fast pace of homes selling for $8 million or more, one top agent in the market told Crain's.

It's starting to feel like summer in Wisconsin, and the lakes are beginning to thaw. Across the state, homes on the water are hitting the market in time for the buying and selling season. Here's a ...