Posts by Jason Porterfield

What to do about the affordability crisis?

Inventory shortages, supply chain disruptions and bidding wars that have pushed prices up to record levels are among the numerous factors that have exacerbated the affordable housing crisis that was already in full swing prior to the pandemic....

Mortgage rates are moving: How agents can work with lenders to keep their clients on track

Record-low rates that have driven market for the last two years are inching back up, but experts say don’t expect them to spike anytime soon. What does it all mean for mortgage brokers and real estate...

Lone Wolf adds Terradatum to extensive portfolio of proptech solutions

The proptech company Lone Wolf has added another tool to its offerings by acquiring the data analytics provider...

RedfinNow becomes first major iBuyer to hit the Chicago market

RedfinNow is making offers on single-family homes, townhomes and condos in Avondale, Edgebrook, Edison Park, Jefferson Park, Lincoln Square, North Center, North Mayfair, Norwood Park, Old Irving, Park Ridge, Portage Park, Rogers Park, Sauganash and West...

Share of international homebuyers fell last year

International buyers purchased 107,000 residential properties from April 2020 through March 2021, marking a 31% decline from the 154,000 residences bought the previous...

Rethinking real estate in a red hot (and uncertain) market

The past 18 months brought ups and downs to the housing market throughout Chicago and the city’s suburbs. With pandemic restrictions lifted and COVID-19 cases at lows not seen since last spring, agents and clients are still dealing with a...

RE/MAX: Chicago housing inventory gets bump in June

The nationwide housing inventory shortage that has driven growth in prices and demand in Chicago and other major markets may be beginning to ease, according to RE/MAX’s  National Housing Report for...

Aaron Share and The Share Team join Compass to serve city and suburban clients

Glenview-based agent Aaron Share and his team have joined Compass as the brokerage commits to growing in the city and...

@properties purchases technology, consulting firm Suburban Jungle

Suburban Jungle provides pre-search consultation services to homebuyers to help them find the ideal neighborhood or suburb for their needs and match them with a vetted real estate...

Chicago apartments are growing to accommodate working from home

New construction apartments are getting bigger in Chicago and other major markets after shrinking in size from 2016 to 2020, according to a recent study by RENTCafe and Yardi...

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