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5 Things You May Not Have Known About the Mortgage Market

The mortgage industry has been subject to several changes over the last few years, and they might be having a bigger impact than you expected. Over the last year and a half, the financial side of real estate has

The Top 10 Selling Suburbs in Chicagoland

During the rainy month of June, what housing markets in Chicagoland’s suburbs saw the most home sales? #91902827 / gettyimages.com Earlier today, we reported that the city of Chicago saw stronger sales activity than the surrounding suburbs, though price

IAR: Chicago City Housing Market Outperforms Metro Area in June

The city of Chicago posted stronger housing numbers than the surrounding metro area in June, according to new analysis. Home sales in the city of Chicago rose 1.2 percent in June from last year to 2,761 sales, while median

Between a (Rental) Rock and a Hard Place

The unaffordable simply becomes more unaffordable in today’s whacky rental landscape. #88689600 / gettyimages.com At the start of July, we reported on the latest rental data from Reis, which found that the nation’s rental market continued to grow more expensive

9 Mind-Blowing Facts About Real Estate in the U.S.

Even we were surprised by some of the following facts. #469971159 / gettyimages.com The U.S. housing market is a massive industry, one that incorporates not only elements of real estate, but of banking (both commercial and investment), appraising, marketing, advertising

Does Healthy Growth Mean Less Affordability in Chicago?

Rising home prices are indicative of a healing housing market, but some Chicagoland buyers are finding they can’t afford as much as they used to. #182363428 / gettyimages.com In the throes of recovery, Chicagoland buyers have grown somewhat accustom

The End of Suburban Sprawl?

A new study suggests we may be seeing the beginning of the end of suburban sprawl. #147480838 / gettyimages.com Since the early 1940s, many of the United State’s most prominent metro locations have been characterized by sprawl, which refers

5 Common Selling Missteps That Every Agent Should Know

Selling a house can be a cumbersome process, but if the appropriate steps aren’t taken and details considered, sellers and agents alike could be losing out on thousands. #99966933 / gettyimages.com It was only a few years ago that

The 7 Things You Should Know About New Construction

Housing starts may have been down last month, but there are many more details about new construction that are of equal import. #200263624-001 / gettyimages.com The Census Bureau released its latest report on new construction, and it wasn’t pretty

Builder Confidence Once Again in Positive Territory

After a sorrowful period in the woods, builder confidence has returned to the promised land this month. #82355279 / gettyimages.com The National Association of Home Builders/Wells Fargo Housing Market Index (HMI), the nation’s leading measurement on builder confidence in

Large Number of Chicagoland Owners Face Housing Cost Burdens

Cost burdens have become commonplace in housing, and they’re especially pronounced in the nation’s largest metro areas. #145868156 / gettyimages.com The housing market has bounced back in a major way the last couple years, but it’s introduced us to

How To Be the No. 1 Luxury Agent in Your Market: Top 5 Takeaways from Jane Brill Gavens

On early Tuesday, a collection of Coldwell Banker Residential Brokerage agents gathered in a small room of Chicago’s Omni Hotel on Michigan Ave. to listen to and learn from successful Beverly Hills-based luxury agent Jane Brill Gavens. For a

Redfin: Are Sellers Losing Market Control?

Heavy investment activity has helped deplete inventory levels, as well as buyer confidence, but a new Redfin survey suggests that dynamic may be shifting. #156881948 / gettyimages.com It’s been nearly seven years since the housing bubble collapsed; yet, the

Buyer Traffic in Chicago Down Substantially From Last Year

Anyone can observe that buyer traffic is down from last year, but a new report tacks a number to that decline – and it’s a big one. #159449352 / gettyimages.com We’re hardly the first publication to point out that buyer

Foreign Purchases of U.S. Real Estate Soars in 2014

Foreign consumers regained their appetite for U.S. housing in a major way in the 12-month period ending March 2014. #185761563 / gettyimages.com International sales – aka, home purchases in the U.S. by foreign consumers – soared an incredible 35

The 4 Big Challenges Housing Faces in the Coming Years

Housing has made definite progress the last couple of years, but what hurdles remain for the industry? #488933561 / gettyimages.com There’s little doubt that the U.S. housing market has made notable improvements in recent years. For instance, delinquent mortgages

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