Trends

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Re-imagining real estate in a global pandemic

Empty commercial space is a looming crisis. What if all that unused real estate were converted to housing?

Single-family rent price growth shows a divide in recovery across price tiers

A new report from CoreLogic shows higher-priced rentals returned to 2019 growth rates while the lower-priced tier continues to lag.

Economist sounds warning on unemployment, housing market

“COVID-19 cases are on the rise and there is increasing likelihood of a further impact on economic activity, which may trigger a corresponding increase in unemployment in impacted industries,” says First American Chief Economist Mark Fleming.

Full House: Pandemic buyers want room for multi-generations

A new report from NAR points to changes in homebuyer and home seller behavior brought about by the pandemic.

Homeownership is increasing during the COVID-19 recession: Here’s why

The decision to rent or to buy was once a question of finances and lifestyle preferences, but the coronavirus pandemic has added yet another complex layer to the equation for many Americans.

Chicagoans eyeing Indiana for a move

The third quarter was like a game of musical chairs for many who are abandoning large cities for more affordable areas of the country. See what’s happening in Chicago.

Chicago-area homebuyers help drive Florida’s ‘Zoom town’ housing boom

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.”

Illinois hit hard with zombie foreclosures

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

More than 40% of Americans hesitant to move to areas where they’d be in the political minority

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

Expect fall price gains, but 2021 could see a cooling market

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.

Step aside, Terrance Howard: Cesar Pina’s real estate empire is about to hit the airwaves

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

‘Affluent trailblazers’ seek luxury homes in nontraditional markets

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

Nearly half of Chicago homes for sale face bidding wars

“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.

True colors: A room-by-room color guide

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.

First American: Homesellers playing ‘musical chairs’

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.

Chicago home prices up 10.3% from last year

“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

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