Posts by Andrew Morrell

Trump administration walks fine line with Fannie and Freddie reform plan
Trump administration walks fine line with Fannie and Freddie reform plan

The long-anticipated vision of the future of Fannie Mae and Freddie Mac provides the public with the first concrete roadmap for returning the two firms to full private...

Ending a hot decade, apartment construction dips in 2019
Ending a hot decade, apartment construction dips in 2019

New national data on apartment construction shows activity slowing down in a lot of markets, including Chicago. But there are several bright spots that are showing exceptional building...

Whether city or suburbs, developers still rely on brokers to sell
Whether city or suburbs, developers still rely on brokers to sell

Agents specializing in Chicago may be attracted to some parts of the suburbs as they become more desirable and livable for the newest generation of homebuyers — and vice versa. But it can be difficult to make the...

After two strong months, pending home sales slow
After two strong months, pending home sales slow

After two straight months of nationwide increases, the number of listings under contract by the end of July fell on a monthly...

Consumer confidence remains strong amid economic unease
Consumer confidence remains strong amid economic unease

The Conference Board’s Consumer Confidence Index for August showed Americans shared broadly strong views of the overall economy and their own financial health near the end of the...

Builders finish summer strong but face uncertainty ahead
Builders finish summer strong but face uncertainty ahead

Economists were expecting new-home sales to finish stronger in July, aided by low mortgage rates that act as an incentive for...

Existing-home sales post year-over-year gain
Existing-home sales post year-over-year gain

Home sales activity is picking up this summer, thanks in part to historically low mortgage interest rates, and despite some worrisome signals on the broader economy as of late....

How developers and lenders work with teams
How developers and lenders work with teams

Mortgage lenders and developers regularly find themselves working with a team of agents or brokers, which comes with its own advantages and common...

Housing starts show builders are cautiously optimistic
Housing starts show builders are cautiously optimistic

U.S. homebuilders appear optimistic that low mortgage rates can turn the tide in favor of stronger sales in the months...

New policies to expand access to federally backed mortgages
New policies to expand access to federally backed mortgages

Two new policies in the works have the potential to reshape the way homebuyers access credit through programs backed by the U.S....

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