Posts by Jason Porterfield

RE/MAX report shows strong sales and shrinking inventory in Chicago

Homes in the U.S. are selling at their fastest rate in more than a decade, according to the latest edition of the RE/MAX National Housing...

RE/MAX report shows strong sales and shrinking inventory in Chicago

The shortage of sellers and abundance of buyers was reflected by a national inventory decrease of 32.5% year over year....

Economist sounds warning on unemployment, housing market

“COVID-19 cases are on the rise and there is increasing likelihood of a further impact on economic activity, which may trigger a corresponding increase in unemployment in impacted industries,” says First American Chief Economist Mark...

Foreclosures down in Chicago, but mortgage delinquencies rising

The biggest changes were found in mortgages that are in serious delinquency, meaning those that are at least 90 days...

Cook County treasurer’s study finds property tax increases outstrip wages, cost of living

A study by the Cook County treasurer’s office found that property taxes rose by 99% in all of Cook County over the past 20 years, and by 115% in...

Chicago-area homebuyers help drive Florida’s ‘Zoom town’ housing boom

Chicago-area homebuyers help drive Florida’s “Zoom town” housing boom “Chicago winters are hard and with more and more people able to work remotely, the weather in South Florida is a draw for...

BrokerAssist selected for 2020 REACH Canada proptech accelerator program

BrokerAssist, an on-demand marketing and sales platform developed by Dream Town Realty agents, was selected to take part in the REACH Canada accelerator...

‘Affluent trailblazers’ seek luxury homes in nontraditional markets

A new report from Coldwell Banker Global Luxury captures the changing demographics and preferences of luxury...

First American: Homesellers playing ‘musical chairs’

Homesellers continued to sell homes to each other in September, making the market resemble a game of ‘housing musical chairs,' according to First American chief economist Mark...

Pricing premium sagging for Trump-branded condos in Chicago, other locales

A Redfin analysis found that the Trump name no longer commands the same price premium it once...

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