Posts by Scott Klocksin

Realogy announces restructuring as CEO denies Compass rumors

Realogy announced that it will embark on a process of “strategic organizational changes” at the same time that its CEO sent an email to employees countering claims that the company had been in discussions for a sale to Compass. ...

Homeowners say buying ‘made them a better person’

Over three-fourths of survey respondents reported that being a homeowner has “made them a better person,” with about the same proportion saying that they’ve taken up new hobbies since closing on a home, like gardening, grilling and interior...

Chicagoland home prices growing, but not as fast as the national rate

The CoreLogic Home Price Index for July shows a 3.6 percent rise over a year earlier. Prices rose or stayed the same in 48 states, and slipped year-over-year in only two states....

A look at two routes into the new construction market

We examine two routes into new construction by speaking with Liz Brooks, Belgravia Group’s executive vice president of sales and marketing, and Millie Rosenbloom, a Baird & Warner agent who is a three-decade veteran of new construction sales, from townhomes...

Why slowing home price growth is only part of the picture

The S&P CoreLogic Case-Shiller National Home Price Index shows that home prices scored their 15th consecutive month of slowing year-over-year home-price growth. But there's more to the story....

Keeping it in the family

You can’t clock out in the real estate business, any more than you can clock out from being part of a family. But what if family and business were...

Keller Williams and Offerpad will join forces

The new arrangement will allow consumers to work with a Keller Williams agent, who will be required to obtain certification to allow them to submit cash offers through the Keller Offers...

Why a recession could be near and what it means for housing

There are significant differences in the makeup of the housing market and larger economy in 2019 as compared to 2008, when the last recession began....

Fritz Kaegi on his plan to be the most transparent tax man in America

When Fritz Kaegi took office as Cook County Tax Assessor in December, homeowners and real estate agents had a lot of questions. But Kaegi opened his presentation at a Southside Builders luncheon in the South Loop Wednesday with a question...

With new funding round, Compass may soon go public

An initial public offering of Compass stock is expected within the next 24 months, according to at least one tech source. As some of the more traditional brokerage models struggle, does this move matter for agents?...

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