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 sure.”

Areas hit hard by the pandemic could see a wave of zombie properties once the federal ban on foreclosures expires.

Another 16% of U.S. residents would consider leaving the country if their candidate loses, up from 9% in 2016

The new S&P CoreLogic Case-Shiller Home Price Index reveals record-breaking August for home sales, up 21% over the 2006 pre-Great Recession high.

With an assist from 50 Cent, real estate entrepreneur Cesar Piña is launching a new reality show about flipping houses.

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

“The slight decline in bidding wars (nationally) is largely a reflection of a seasonal cooldown, which typically starts in the late summer but was delayed by a few months this year,” said Redfin chief economist Daryl Fairweather.

Most Realtors know a fresh coat of new paint can transform a space, but do they know which colors will attract buyers? A new study has the answer.

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 Fleming.

“If sky-high prices continue to lure more sellers into the market, it could prompt the inventory rebound we’ve been waiting for — which would be welcome news for frustrated buyers.” — Javier Vivas, director of economic research for realtor.com

“Increasing house price appreciation in suburban zip codes points to higher demand relative to supply in the suburbs but does not necessarily indicate what’s fueling the demand,” the study notes. 

The work from home phenomenon — and the need for a dedicated home office— is driving demand for more space among both buyers and renters.

The suburbs are becoming more alluring to residents of major cities as the COVID-19 pandemic continues into autumn.

“Based on the rising popularity of the burbs, some buyers might think they can catch a break by searching in the city, but unfortunately that’s not the case,” realtor.com Chief Economist Danielle Hale said.

Sustainable practices in real estate can increase sales and boost the community, according to a new study.

It was another week of firsts with the increase in home prices more than doubling the rate recorded in January 2020.