A crash in home values brought on by the recession resulted in more mortgage borrowers falling “underwater” on their home loans, or owing more in total debt than their homes were worth. But by the second half of 2018,

A common misconception is that millennials are shunning the suburbs and starting their lives (and their homeownership aspirations) in the center of major cities. But especially in places like Chicagoland, the old distinction between city and suburban living is

Related Midwest has announced that it will be closing its full-service brokerage, Related Realty. In lieu of the full brokerage, Related plans to open a “boutique brokerage” called Related Midwest Sales that will be focused on selling homes built by

As home price growth slows, the percentage of homes that are going for above their asking price is decreasing. For the four weeks ending on September 23, Redfin found that only 22.9 percent of the homes sold for more than their asking

The Federal Housing Administration (FHA) issued this Friday that a new policy will be implemented on Oct. 1, requiring second property appraisal on loans previously indicated by the FHA as potentially having inflated property valuation from reverse mortgage lenders.

SmartAsset completed a study to find the healthiest housing markets, or the easiest cities to sell a home, within the state of Illinois by evaluating stability, affordability, fluidity and risk of loss.  The company said they considered the number of years people remained in their homes and the

Located 44 miles west of Chicago, Geneva, Illinois, has been named one of the best places to retire by Kiplinger.com. Geneva checks every box on the list for what retirees are looking for a small to mid-sized city without giving

Berkshire Hathaway HomeServices KoenigRubloff Realty Group announced that Weichert Realtors Nickel Group has joined its team as of Oct. 1. John Lawrence, broker/owner of Weichert Realtors Nickel Group, will lead the office of 56 agents as managing broker. Located

Chicagoland’s multiple listing service (MLS), Midwest Real Estate Data (MRED), has welcomed Bloomington-Normal Association of Realtors (BNAR) as its newest association partner. BNAR is the fourteenth Realtor association to partner with MRED, obtaining one of the nation’s largest MLS related services.   Founded in 1921, BNAR now supplies resources

As millennials are expected to become the largest generation in history, it is no surprise the population’s location dynamic has been shifting. With Generation Y making up most of the labor force, millennials are following jobs that are relocating

Bill Coduto, managing broker of Baird & Warner’s Barrington office, was named Realtor of the Year by the North Shore – Barrington Association of Realtors. “While running a high-producing large office, Bill stepped up to accept the responsibility of blending

The process of applying for and renewing real estate brokerage licenses through the Illinois Department of Financial and Professional Regulation (IDFPR) is moving almost entirely online. As of Oct. 1, the agency will not accept paper applications for real

Baird & Warner has announced the five local nonprofits that will be receiving a total of $120,000 in grants through its philanthropic initiative Good Will Network. Chicagoland nonprofit organizations were nominated by various members of Baird & Warner. The

NRT LLC announced today that Ayoub Rabah has been named the new president of Coldwell Banker Residential Brokerage, effective Sept. 24. Current president Fran Broude will transition into the newly created role of senior vice president of growth strategies.

After Illinois Realtors president-elect Dan Wagner announced his resignation in August, many wondered who would be taking over the top spot next year. But the Illinois Realtors have announced that the president’s position will remain vacant in 2019. In

Lending Tree ranked the top 50 most valuable cities in America from its collection of real estate data covering more than 155 million U.S. properties.  While competing against many high-ranking coastal cities, Chicago made the top 5 most valuable cities with a ranking at No. 4. Chicago’s total value was approximated to be $813