Posts by Liz Hughes

Home price growth slows as inventory fell in May

Chicago listings were down 18.5% from last year....

Seller concessions on the rise in Chicago and nationwide

The percentage of Chicago sellers making concessions to buyers is up from last...

The spring market is a seller’s market as demand rises, supply remains low

Chicago’s April average home value rose from March as pending sales stayed flat and new inventory...

Redfin Launches ChatGPT plug-in to help buyers find a home

Redfin has launched a ChatGPT plug-in to help buyers find their new home, a potentially powerful tool in their arsenal as today’s homebuyers work to find the perfect...

High interest rates have homebuyers looking for ways to save

As affordability remains a concern, some buyers are purchasing mortgage...

Despite fewer sales, it’s a seller’s market in parts of the U.S.

New listings are still in short supply, falling 21.8% from last...

Guaranteed Rate Companies named Scotsman Guide’s 2023 top mortgage originator

The list includes 206 originators from Guaranteed Rate in the top dollar volume category, and 220 originators in the most loans closed...

High mortgage rates make million-dollar homes less common

As rising mortgage rates cool the market, the share of U.S. homes worth at least $1 million has fallen from an all-time high last...

Housing market continues to rebalance as inventory increases

Buyers have more choices as inventory makes a fast recovery, according to a new Realtor.com...

Report: Average home changes hands every 12 years

People staying in their homes longer is contributing to the lack of inventory that continues to impact...

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