Posts by Patrick Regan

Court sides with National Association of Realtors, halts antitrust investigation 

The Department of Justice must close its reopened antitrust investigation into the National Association of Realtors, a federal judge ruled this...

Anywhere Real Estate Inc. cuts workforce, ends iBuyer operation

The firm's subsidiaries include Century 21, Coldwell Banker, Corcoran Group and Sotheby’s...

Home prices will remain stable in 2023, National Association of Realtors® projects

Home prices will remain steady and mortgage rates will settle in at less than 6% in 2023, NAR...

Chicago-area home sales to drop in 2023 while prices grow, Realtor.com projects

Nationally, home prices and inventory, rents and mortgage rates will increase, while real estate transactions will decrease, according to...

Redfin cuts 13% of its workforce, eliminates RedfinNow

The company will let go of 862 employees and eliminate the roles of another 218 people, Redfin CEO Glenn Kelman...

Greater percentage of Realtors® incorporating Instagram and LinkedIn into their work

The technology survey offers insights into how Realtors value technology and use social...

National home prices see first monthly drop since January 2019, S&P CoreLogic Case-Shiller Index shows

The price index continued to climb in Chicago, though, increasing 0.65% from June to July. Year over year, the Chicago home price index is up...

Two views on what the Fed’s latest interest-rate hike means for real estate

Two economists expressed concerns about the real estate industry in the wake of the Fed's decision to raise interest rates by three-quarters of a...

Chicago named a top 10 city for real estate investment in 2022 and 2023

Norada cited Chicago’s stable and diverse economy and its strong renters market, noting more than 50% of the population...

Median days on the market increases in Chicago and nationwide

Homebuyers nationwide had more time to make decisions in August with the first year-over-year increase in median days on the market since June...

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