A new study from NAR shows more than 50 percent of brokerages are failing their agents in terms of providing proactive safety procedures. On Sept. 31, 2014, after an exhaustive search, Little Rock, Ark. police found the body of

A profile of the ultra rich from around the world reveal some interesting facts about luxury real estate buyers. Luxury is a butterfly concept, fluttering about the industry with a thousand hands trying to grab hold. But the idea of luxury

Where, in the vast wilderness of Chicagoland’s suburbs, are home sales the highest? Last week, we reported that after a disappointing couple of months, home sales in the Chicagoland area jolted back in a major way in March, with

Student loan debt may be an even bigger problem than we initially thought. Here’s an eye-opening statistic – 31.5 percent of Americans who are paying down their student debt are at least a month behind on their payments. That

Where, among Chicago’s varied neighborhoods, were home sales the highest? Earlier this week, we reported that home sales in the Chicagoland region jolted back to life in March, putting up some of its best numbers sine 2013. How did that

Some news outlets are hyperventilating about the latest new home sales report, but the reality is more encouraging. The Census Bureau released its latest report on new home sales this morning, and on the surface, it’s a doozy. Finishing

Relatively speaking, our market is not nearly as fast as one might believe. Chicago may have a reputation as a progressive, fast-moving city, but that is not the case for the majority of the metro area’s real estate listings,

NAR home sales report brings optimism. The National Association of Realtors released its existing-home sales report for March, and the early verdict is good, with sales, prices and inventory showing strong signs of improvement. Across all property types, existing-home sales

This year had been a modest one for real estate in Chicagoland, but March has brought the marketplace back to life. After two disappointing months, the Chicagoland housing market roared back to life in March, with sales in the

While banks took over the majority of flipping in the downturn, with high prices and low inventory, investors are again reentering the game. In the wake of the financial crisis, when home prices were low and demand nonexistent, the

Peter Thomas Ricci, Chicago Agent magazine’s assistant editor, was interviewed on the latest episode of “Big Money Real Estate,” Ilyce Glink’s program on current trends in residential real estate. Watch the interview below, and hear Peter’s perspective on affordability and

The explosion of the legal cannabis market is have a significant impact on real estate. Here’s what you can expect… Breaking taboos and dusty standards, the impact of marijuana is proving more economically beneficial than previously imagined, leading to

We may think we have a firm grasp of our market’s value, but new research suggests that’s not the case. Chicagoland homeowners overvalue their listings by 0.63 percent, at least compared to what certified appraisers judge as the value

Many people buy houses, but what are the specific reasons for those purchases? The answers may surprise you. Why did American consumers purchase homes in 2014? And how did those reasons differ generation to generation? In our continuing coverage

Last month’s homebuilding numbers were a big letdown – what does that suggest about the larger economic climate? Housing construction turned in a disappointing month in March, according to the latest analysis from the U.S. Census Bureau. The numbers were

Freddie Mac is optimistic on housing in 2015, and for a number of reasons. One of housing’s most active participants is highly optimistic for the industry’s future, though even it acknowledges that challenges remain. That was the main takeaway