Trends

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6 ways to bounce back better than ever

In a new e-book, national leaders from the brokerage and real estate technology sectors offer tips for making the most of this moment of change.

Parking preferences shifting due to COVID-19?

A new study shows online searches are down for apartments with parking spaces in Chicago. Could that change as public transit ridership dwindles?

Illinois has fourth highest number of zombie foreclosures in the nation

A new ATTOM report reveals that zombie foreclosures declined in the second quarter of 2020, likely a result of the temporary foreclosure moratorium on federally backed loans.

Photo: Kaboompics.com from Pexels
How tech can help Chicago’s real estate market bounce back from COVID-19

A new study looks at how well networked certain regions of the country are — as well as how ingrained technology is in their local economies — to predict how the rebound will go locally. Find out how Chicago ranks.

Rent increases down in Chicago in April

A new report that rent is still rising, but by much less in most cities, as a result of the COVID-19 crisis.

A Chicago Agent magazine survey: Real estate and gentrification in Chicago

Our survey asks agents what they think of gentrification.

Hispanic homeownership reached historic highs before COVID-19. What now?

During a pandemic that appears to be impacting the Latino community disproportionately hard, will the singular gains of this community be sustained?

Unprecedented times create extraordinary demands

The coronavirus pandemic is changing how people think about housing, technology and location, three elements that are critical to the real estate industry. Find out what four experts see on the horizon.

Redfin: Housing shortage prompts bidding wars

Good news for sellers: Homes on the market under $1 million are receiving multiple offers in desirable cities.

Redfin: Over half of big-city dwellers working from home want out

More than half of those working remotely said they would leave the city if they didn’t have to go into an office.

NAR survey: Buyers want home offices, yards and larger residences

The weekly flash survey by the National Association of Realtors shows that buyers are looking for different features post-COVID-19.

Lifestyle adjustments from COVID-19 will change homebuyer preferences

NAR’s vice president of demographics and behavioral insights says rising preference away from metro areas could be a boon to smaller cities.

Which Chicago neighborhoods will be hit hardest by COVID-19?

Although all Chicagoans are at risk for contracting the novel coronavirus, the economic fallout will likely hit certain communities harder than others. Find out which neighborhoods DePaul University’s Institute for Housing Studies identified as being most at risk.

Co-founders of @properties offer predictions, advice in the face of COVID-19 fears

In their latest market update, Mike Golden and Thad Wong offer projections for the real estate market in both the short and long-term, as well as thoughts on how indecisive buyers and sellers should move forward.

Report warns landlords to think twice about evictions

A new Marcus & Millichap report calls on multifamily owners and operators to implement a 90-day moratorium on evictions.

Staging for the post-coronavirus era: 3 features buyers are going to want

Looking to attract buyers during or after the COVID-19 pandemic? Here are three elements agents should pay attention to right now.

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