Posts by Faiza Islam

Why millennials need agents
Why millennials need agents

A new survey finds millennials feel their lack of knowledge on homeownership and mortgage lending is preventing them from buying...

Why a slower market could be ‘a dream come true’  
Why a slower market could be ‘a dream come true’  

At the start of the year, price growth was at 2 to 3 percent year-over-year. Now, it's between 0.5 and 1.5 percent, depending on the city. But according to Thad Wong, co-founder of @properties, that might not be a bad...

Home sales down more than 11% in Chicagoland and Illinois
Home sales down more than 11% in Chicagoland and Illinois

Opportunities for Illinois homebuyers have increased as home sales trended lower in June and median prices stayed relatively flat, according to data from Illinois Realtors. However, one factor that doesn't favor buyers is the fact that inventory remained...

NAR survey adds to bullish case for home sales
NAR survey adds to bullish case for home sales

An increasing number of Americans believe the situation is improving for both homebuyers and sellers, according to the latest survey from...

Housing starts take a downward turn while building permits increase
Housing starts take a downward turn while building permits increase

Single-family housing starts fell in the Northeast, Midwest and West, but rose in the South, where majority of house building takes place. Still, there's a reason for optimism going...

Real estate’s contribution to the Illinois economy
Real estate’s contribution to the Illinois economy

For every home sold in the state, Illinois' economy generated $18,000 of income from things like real estate commissions, fees and moving expenses related to a purchase. These expenses were about 9 percent of the median home price, but constituted 27 percent...

New Subscribe